The DOI matches its Crossref record; 89 of the 89 references it cites were found in a registry or an index.
Has the tourism-led growth hypothesis been validated? A literature review
Abstract
Over 10 years have passed since the first paper on the tourism-led growth hypothesis (TLGH) was published in 2002. Since then, a wave of studies has appeared trying to understand the temporal relationship between tourism and economic growth. Hence, it is possible to provide an assessment in terms of econometric methods used and main empirical findings achieved so far. This paper presents an exhaustive review of approximately 100 peer-reviewed published papers on the TLGH. An overview on the economic theoretical framework behind the TLGH is also provided. Notably, the results present an increasing diversification in the econometric modelling used. With a few exceptions, the empirical findings suggest that overall international tourism drives economic growth.
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Cites
Co-integration and error correction: representation, estimation and testing
Engle, R. F., & Granger, C. W. J. (1987) · Econometrica · doi:10.2307/1913236 · Cited by 32,007
Bounds testing approaches to the analysis of level relationships
Pesaran, M. H., Shin, Y., & Smith, R. J. (2001) · Journal of Applied Econometrics · doi:10.1002/jae.616 · Cited by 20,385
STATISTICAL ANALYSIS OF COINTEGRATION VECTORS
Johansen, S. (1988) · Journal of Economic Dynamics and Control · doi:10.1016/0165-1889(88)90041-3 · Cited by 17,027
Innovation and Growth in the Global Economy.
Taylor, M. S., Grossman, G. M., & Helpman, E. (1993) · Economica · doi:10.2307/2554862 · Cited by 6,231
Statistical inference in vector autoregressions with possibly integrated processes
Toda, H. Y., & Yamamoto, T. (1995) · Journal of Econometrics · doi:10.1016/0304-4076(94)01616-8 · Cited by 6,108
Booming Sector and De-Industrialisation in a Small Open Economy
Corden, W. M., & Neary, J. P. (1982) · The Economic Journal · doi:10.2307/2232670 · Cited by 3,298
Residual-based tests for cointegration in models with regime shifts
Gregory, A. W., & Hansen, B. E. (1996) · Journal of Econometrics · doi:10.1016/0304-4076(69)41685-7 · Cited by 2,518
On exports and economic growth
Feder, G. (1983) · Journal of Development Economics · doi:10.1016/0304-3878(83)90031-7 · Cited by 1,803
Tourism as a long-run economic growth factor: the Spanish case
Balaguer, J., & Cantavella-Jordá, M. (2002) · Applied Economics · doi:10.1080/00036840110058923 · Cited by 1,584
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Cited by
Rasool, H., Maqbool, S., & Tarique, M. (2021) · Future Business Journal · doi:10.1186/s43093-020-00048-3 · Cited by 357
Isik, C., Dogru, T., & Turk, E. S. (2018) · International Journal of Tourism Research · doi:10.1002/jtr.2151 · Cited by 282
Adedoyin, F. F., Bekun, F. V., Driha, O. M., & Balsalobre-Lorente, D. (2020) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2020.120297 · Cited by 199
Metadata
- Authors
- Brida, J. G., Cortes-Jimenez, I., & Pulina, M.
- Venue
- Current Issues in Tourism
- Publisher
- Informa UK Limited
- Published
- 2014-01-09
- Volume
- 19
- Issue
- 5
- Pages
- 394-430
- ISSN
- 1368-3500 (ISSN-L)
- 1747-7603
- OpenAlex
- W2151303060
- Cited by
- 607
- References
- 89
- FWCI
- 51.89
- Type
- journal article
- Language
- en
- Open access
- closed
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- Brida, J. G., Cortes-Jimenez, I., & Pulina, M. (2016). Has the tourism-led growth hypothesis been validated? A literature review. Current Issues in Tourism. https://doi.org/10.1080/13683500.2013.868414
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
