The DOI matches its Crossref record; 52 of the 52 references it cites were found in a registry or an index.
Cointegration and Causality between Tourism and Poverty Reduction
Open accessAbstract
This study, using cointegration and causality tests, investigates the relationship among tourism development, economic expansion, and poverty reduction in Nicaragua. The results indicate a long-run stable relationship among the three. The causality tests suggest a one-way Granger causal relation between tourism development and economic expansion, and between tourism and poverty reduction, and a bidirectional causal relation between economic expansion and poverty. The nexus of tourism, economic expansion, and poverty reduction is established in the Nicaraguan economy. This result is supported by testing the sensitivity of the Granger causality test under different lag selections along the optimal lag. The empirical evidence points to the potential economic muscle of tourism to seriously tackle Nicaraguan poverty at scale through helping both Nicaragua's public and private sectors allocate resources to tourism development, resulting in the overall improvement of the economy.
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Cited by
Has the tourism-led growth hypothesis been validated? A literature review
Brida, J. G., Cortes-Jimenez, I., & Pulina, M. (2016) · Current Issues in Tourism · doi:10.1080/13683500.2013.868414 · Cited by 607
Tourism and economic growth: A review of empirical literature
del P. Pablo-Romero, M., & Molina, J. A. (2013) · Tourism Management Perspectives · doi:10.1016/j.tmp.2013.05.006 · Cited by 349
Linkages among biodiversity, livelihood, and tourism
Nyaupane, G. P., & Poudel, S. (2011) · Annals of Tourism Research · doi:10.1016/j.annals.2011.03.006 · Cited by 310
Metadata
- Authors
- Croes, R., & Vanegas, M.
- Venue
- Journal of Travel Research
- Publisher
- SAGE Publications
- Published
- 2008-01-14
- Volume
- 47
- Issue
- 1
- Pages
- 94-103
- ISSN
- 0047-2875 (ISSN-L)
- 1552-6763
- OpenAlex
- W2143994260
- Cited by
- 295
- References
- 52
- FWCI
- 26.72
- Type
- journal article
- Language
- en
- Open access
- green
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