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The Relationship between the Tourism Sector and Local Economic Development LED The Case of the Vaal Triangle Region South Africa

Author

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  • Daniel MEYER

    (North West University)

  • Natanya MEYER

    (North West University)

Abstract

The aim of the study was to determine the relationship between tourism and Local Economic Development LED Tourism encourages economic growth by generating income and employment through business opportunities in both developed and developing regions Tourism is considered an economic sector in itself which could assist in diversification and revitalization of local economic regions The geographical focus area of the research is the Vaal Triangle region located in southern Gauteng South Africa The study was conducted using a panel regression analysis Secondary data were used from the Global Insight data base Data obtained were further interpreted and analyzed and findings indicated that a positive relationship exists between the regional Gross Domestic Product RGDP and tourism development The tourism sector and LED experience different challenges however if they work in a coordinated manner this could contribute significantly to economic growth and development in any region

Suggested Citation

  • Daniel MEYER & Natanya MEYER, 2016. "The Relationship between the Tourism Sector and Local Economic Development LED The Case of the Vaal Triangle Region South Africa," Journal of Advanced Research in Management, ASERS Publishing, vol. 7(3), pages 466-472.
    • Handle: RePEc:srs:jemt00:v:7:y:2016:i:3:p:466-472
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    Cited by:

    1. E.A. Blinova & M. Gregoric & E.A. Dedusenko & M.M. Romanova, 2018. "Corporate Social Responsibility in Tourism: International Practices," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 636-647.
    2. E.A. Blinova & M. Gregoric & E.A. Dedusenko & M.M. Romanova, 2018. "Corporate Social Responsibility in Tourism: International Practices," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 636-647.
    3. Pablo Juan Cárdenas-García & Juan Gabriel Brida & Verónica Segarra, 2024. "A qualitative dynamic analysis of the relationship between tourism and human development," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    4. Anfeng Xu & Abu Bakkar Siddik & Farid Ahammad Sobhani & Md. Mominur Rahman, 2024. "Driving economic success: Fintech, tourism, FDI, and digitalization in the top 10 tourist destinations," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.
    5. Juan Gabriel Brida & Pablo Juan Cárdenas-García & Verónica Segarra, 2023. "Turismo y Desarrollo Económico: una Exploración Empírica," Working Papers 283, Red Nacional de Investigadores en Economía (RedNIE).
    6. Sarker, M Sazzadur Rahman & Sayem, Sheikh Mohammad & Alam, M Akhtarul & Rahman, Khandaker M Mostafizur, 2020. "Livelihood And Food Security Status Of The Working People In Safari Parks Of Bangladesh: A Multivariate Regression Analysis," Bangladesh Journal of Agricultural Economics, Bangladesh Agricultural University, vol. 40(1&2), February.
    7. Pablo Juan Cárdenas-García & Juan Gabriel Brida & Verónica Segarra, 2024. "Modeling the link between tourism and economic development: evidence from homogeneous panels of countries," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-12, December.

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