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Tourism-led Growth Hypothesis in the Top Ten Tourist Destinations: New Evidence Using the Quantile-on-Quantile Approach

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Cited by:

  1. Nnamdi Chinwendu Nwaeze & Kingsley Ikechukwu Okere & Izuchukwu Ogbodo & Obumneke Bob Muoneke & Ifeoma Nwakaego Sandra Ngini & Samuel Uchezuike Ani, 2023. "Dynamic linkages between tourism, economic growth, trade, energy demand and carbon emission: evidence from EU," Future Business Journal, Springer, vol. 9(1), pages 1-12, December.
  2. Garrod Brian & Almeida António & Machado Luiz, 2023. "Modelling of nonlinear asymmetric effects of changes in tourism on economic growth in an autonomous small-island economy," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 13(2), pages 154-172, December.
  3. Niccolò Comerio & Fernanda Strozzi, 2019. "Tourism and its economic impact: A literature review using bibliometric tools," Tourism Economics, , vol. 25(1), pages 109-131, February.
  4. Yonghong Jiang & Gengyu Tian & Yiqi Wu & Bin Mo, 2022. "Impacts of geopolitical risks and economic policy uncertainty on Chinese tourism‐listed company stock," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 320-333, January.
  5. Nikeel Kumar & Ronald Ravinesh Kumar, 2020. "Relationship between ICT and international tourism demand: A study of major tourist destinations," Tourism Economics, , vol. 26(6), pages 908-925, September.
  6. Oladunjoye, Opeyemi Nathaniel & Areyemi, Victor Olaife, 2021. "Tourism, Globalization and Economic Growth in Nigeria," African Journal of Economic Review, African Journal of Economic Review, vol. 9(2), April.
  7. Wu, Bi-Bo, 2021. "The dynamics of oil on China’s commodity sectors: What can we learn from a quantile perspective?," Journal of Commodity Markets, Elsevier, vol. 23(C).
  8. Shahbaz, Muhammad & Zakaria, Muhammad & Shahzad, Syed Jawad Hussain & Mahalik, Mantu Kumar, 2018. "The energy consumption and economic growth nexus in top ten energy-consuming countries: Fresh evidence from using the quantile-on-quantile approach," Energy Economics, Elsevier, vol. 71(C), pages 282-301.
  9. Rodousakis, Nikolaos & Soklis, George, 2024. "An “Extended method” for measuring intersectoral linkages: The case of the Greek tourism sector," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 594-606.
  10. George S. Atsalakis & Elie Bouri & Fotios Pasiouras, 2021. "Natural disasters and economic growth: a quantile on quantile approach," Annals of Operations Research, Springer, vol. 306(1), pages 83-109, November.
  11. Isabel P. Albaladejo & Juan Gabriel Brida & María Isabel González‐Martínez & Verónica Segarra, 2023. "A new look to the tourism and economic growth nexus: A clustering and panel causality analysis," The World Economy, Wiley Blackwell, vol. 46(9), pages 2835-2856, September.
  12. Giovanni De Luca & Monica Rosciano, 2020. "Quantile Dependence in Tourism Demand Time Series: Evidence in the Southern Italy Market," Sustainability, MDPI, vol. 12(8), pages 1-18, April.
  13. Lin, Boqiang & Xu, Bin, 2018. "Factors affecting CO2 emissions in China's agriculture sector: A quantile regression," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 15-27.
  14. Rijia Ding & Meng Huang, 2021. "The Spatial Difference of “Internet plus Tourism” in Promoting Economic Growth," Sustainability, MDPI, vol. 13(21), pages 1-17, October.
  15. Abdul Rehman & Hengyun Ma & Muhammad Irfan & Munir Ahmad & Ousmane Traore, 2020. "Investigating the Influence of International Tourism in Pakistan and Its Linkage to Economic Growth: Evidence From ARDL Approach," SAGE Open, , vol. 10(2), pages 21582440209, June.
  16. Asif Razzaq & Arshian Sharif & Paiman Ahmad & Kittisak Jermsittiparsert, 2021. "Asymmetric role of tourism development and technology innovation on carbon dioxide emission reduction in the Chinese economy: Fresh insights from QARDL approach," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 176-193, January.
  17. Belucio Matheus & Fuinhas José Alberto & Vieira Carlos, 2023. "How does the economy affect a religious phenomenon? A panel approach to international pilgrimages to the Shrine of Fátima," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 13(1), pages 110-124, December.
  18. Sarantis Lolos & Panagiotis Palaios & Evangelia Papapetrou, 2023. "Tourism-led growth asymmetries in Greece: evidence from quantile regression analysis," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 22(1), pages 125-148, January.
  19. Osinubi, Tolulope Temilola & Osinubi , Olufemi Bankole, 2020. "Inclusive Growth in Tourism-led Growth Hypothesis: Evidence from Nigeria," African Journal of Economic Review, African Journal of Economic Review, vol. 8(2), July.
  20. Meng, Lingyan & Li, Jinshi, 2024. "Natural resources volatility and geopolitical risk: A novel perspective of oil and mineral rents using quantile-quantile regression for China," Resources Policy, Elsevier, vol. 88(C).
  21. Miao, Xiaoyu & Wang, Qunwei & Dai, Xingyu, 2022. "Is oil-gas price decoupling happening in China? A multi-scale quantile-on-quantile approach," International Review of Economics & Finance, Elsevier, vol. 77(C), pages 450-470.
  22. Waheed, Rida & Sarwar, Suleman & Dignah, Ashwaq, 2020. "The role of non-oil exports, tourism and renewable energy to achieve sustainable economic growth: What we learn from the experience of Saudi Arabia," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 49-58.
  23. Xin Zhao & Muhammad Saeed Meo & Tella Oluwatoba Ibrahim & Noshaba Aziz & Solomon Prince Nathaniel, 2023. "Impact of Economic Policy Uncertainty and Pandemic Uncertainty on International Tourism: What do We Learn From COVID-19?," Evaluation Review, , vol. 47(2), pages 320-349, April.
  24. Hasan Murat Ertugrul & Fatih Mangir, 2015. "The tourism-led growth hypothesis: empirical evidence from Turkey," Current Issues in Tourism, Taylor & Francis Journals, vol. 18(7), pages 633-646, July.
  25. Yang, Eunjung & Kim, Jinwon & Pennington-Gray, Lori & Ash, Kevin, 2021. "Does tourism matter in measuring community resilience?," Annals of Tourism Research, Elsevier, vol. 89(C).
  26. Konstantakopoulou, Ioanna, 2022. "Does health quality affect tourism? Evidence from system GMM estimates," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 425-440.
  27. Gu, Jianqiang & Wu, Zhan & Song, Yubing & Nicolescu, Ana-Cristina, 2024. "A win-win relationship? New evidence on artificial intelligence and new energy vehicles," Energy Economics, Elsevier, vol. 134(C).
  28. Oluwatosin Adeniyi & Terver T Kumeka & Samuel Orekoya & Wasiu Adekunle, 2023. "Impact of tourism development on inclusive growth: A panel vector autoregression analysis for African economies," Tourism Economics, , vol. 29(3), pages 612-642, May.
  29. Zhao, Qian & Wang, Lu & Stan, Sebastian-Emanuel & Mirza, Nawazish, 2024. "Can artificial intelligence help accelerate the transition to renewable energy?," Energy Economics, Elsevier, vol. 134(C).
  30. Mark Ian J. Soriano & Ayroso, Krisel Joy C. & Estrella, Ma. Fatima T. & Meneses, Michelle M. & Pascual, Fhevie Jane Y. & Rivera, Mae Angela, 2024. "Malico, Nueva Vizcaya as a Sustainable Tourism Destination," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 3026-3057, August.
  31. Nisar Ahmad & Angeliki N. Menegaki & Saeed Al‐Muharrami, 2020. "Systematic Literature Review Of Tourism Growth Nexus: An Overview Of The Literature And A Content Analysis Of 100 Most Influential Papers," Journal of Economic Surveys, Wiley Blackwell, vol. 34(5), pages 1068-1110, December.
  32. Yong Su & Jacob Cherian & Muhammad Safdar Sial & Alina Badulescu & Phung Anh Thu & Daniel Badulescu & Sarminah Samad, 2021. "Does Tourism Affect Economic Growth of China? A Panel Granger Causality Approach," Sustainability, MDPI, vol. 13(3), pages 1-12, January.
  33. Jamil Shah & Zilakat Khan Malik & Umar Hayat, 2020. "The Dynamic Effects of Terrorism on Tourism: A Bound Testing Co-Integration Approach," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 16(1), pages 44-57.
  34. He, Jiao & Deng, Zhenghua, 2023. "Revisiting natural resources rents and sustainable financial development: Evaluating the role of mineral and forest for global data," Resources Policy, Elsevier, vol. 80(C).
  35. Lee, Chien-Chiang & Chen, Mei-Ping & Xing, Wenwu, 2022. "Do national cultures matter for tourism development? Some international evidence," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 666-686.
  36. Jorge V Pérez-Rodríguez & Heiko Rachinger & María Santana-Gallego, 2022. "Does tourism promote economic growth? A fractionally integrated heterogeneous panel data analysis," Tourism Economics, , vol. 28(5), pages 1355-1376, August.
  37. Yang, Dong-Xiao & Wu, Bi-Bo & Tong, Jing-Yang, 2021. "Dynamics and causality of oil price shocks on commodities: Quantile-on-quantile and causality-in-quantiles methods," Resources Policy, Elsevier, vol. 74(C).
  38. Syed Jawad Hussain Shahzad & Román Ferrer, 2020. "Dynamic spillover effects among tourism, economic growth and macro-finance risk factors," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 19(3), pages 173-194, September.
  39. Li, Tianyu & Yue, Xiao-Guang & Qin, Meng & Norena-Chavez, Diego, 2024. "Towards Paris Climate Agreement goals: The essential role of green finance and green technology," Energy Economics, Elsevier, vol. 129(C).
  40. Ilhan Ozturk & Arshian Sharif & Danish Iqbal Godil & Adnan Yousuf & Iram Tahir, 2023. "The Dynamic Nexus Between International Tourism and Environmental Degradation in Top Twenty Tourist Destinations: New Insights From Quantile-on-Quantile Approach," Evaluation Review, , vol. 47(3), pages 532-562, June.
  41. Wang, Jia & Tian, Guixian, 2023. "Driver or a Barrier to the Economy: Natural Resources a blessing or a curse for Developed Economies?," Resources Policy, Elsevier, vol. 87(PA).
  42. Uktam Umurzakov & Shakhnoza Tosheva & Raufhon Salahodjaev, 2023. "Tourism and Sustainable Economic Development: Evidence from Belt and Road Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 503-516, March.
  43. Chien-Chiang Lee & Mei-Ping Chen & Wenmin Wu & Wenwu Xing, 2021. "The impacts of ICTs on tourism development: International evidence based on a panel quantile approach," Information Technology & Tourism, Springer, vol. 23(4), pages 509-547, December.
  44. Si Mohammed, K. & Mellit, A., 2023. "The relationship between oil prices and the indices of renewable energy and technology companies based on QQR and GCQ techniques," Renewable Energy, Elsevier, vol. 209(C), pages 97-105.
  45. Hira Arain & Liyan Han & Arshian Sharif & Muhammad Saeed Meo, 2020. "Investigating the effect of inbound tourism on FDI: The importance of quantile estimations," Tourism Economics, , vol. 26(4), pages 682-703, June.
  46. Tina T He & Wilson XB Li, 2021. "Revisiting tourism’s additional impact on income," Tourism Economics, , vol. 27(1), pages 149-167, February.
  47. Ronald Ravinesh Kumar & Peter Josef Stauvermann, 2023. "Tourism and economic growth in the Pacific region: evidence from five small island economies," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 28(3), pages 894-921, July.
  48. Iqbal, Najaf & Fareed, Zeeshan & Wan, Guangcai & Shahzad, Farrukh, 2021. "Asymmetric nexus between COVID-19 outbreak in the world and cryptocurrency market," International Review of Financial Analysis, Elsevier, vol. 73(C).
  49. Jesús Iglesias & Manuel E Gegundez & Antonio A Golpe & José Carlos Vides, 2018. "How do foreign income shocks affect the magnitude of Spanish tourism?," Tourism Economics, , vol. 24(7), pages 839-871, November.
  50. Sha, Zhiping, 2022. "Total natural resources, oil prices, and sustainable economic performance: Evidence from global data," Resources Policy, Elsevier, vol. 79(C).
  51. Wanjun Xia & Buhari Doğan & Umer Shahzad & Festus Fatai Adedoyin & Abiodun Popoola & Muhammad Adnan Bashir, 2022. "An empirical investigation of tourism-led growth hypothesis in the European countries: evidence from augmented mean group estimator," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(2), pages 239-266, May.
  52. Nikeel Nishkar Kumar & Arvind Patel & Sean Kimpton & Antony Andrews, 2022. "Asymmetric reactions in the tourism‐led growth hypothesis," Australian Economic Papers, Wiley Blackwell, vol. 61(4), pages 661-677, December.
  53. Muhammad Athar Nadeem & Zhiying Liu & Yi Xu & Kishwar Nawaz & Muhammad Yousaf Malik & Amna Younis, 2020. "Impacts of terrorism, governance structure, military expenditures and infrastructures upon tourism: empirical evidence from an emerging economy," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(1), pages 185-206, March.
  54. Jamil Shah & Zilakat Khan Malik & Umar Hayat, 2020. "The Dynamic Effects of Terrorism on Tourism: A Bound Testing Co-Integration Approach," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 16(1), pages 16-14.
  55. Kong, Yan & Dong, Chuntong & Zhang, Yingyu, 2023. "Quantile on Quantile Analysis of Natural resources-growth and geopolitical risk trilemma," Resources Policy, Elsevier, vol. 85(PA).
  56. Biagio SIMONETTI & Ayhan KAPUSUZOGLU & Nildag Basak CEYLAN, 2019. "The Causality Among Tourism Related Factors And Gdp For Eu Members," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 18(2), pages 3-9.
  57. Chien-Chiang Lee & Mei-Ping Chen & Yi-Ting Peng, 2021. "Tourism development and happiness: International evidence," Tourism Economics, , vol. 27(5), pages 1101-1136, August.
  58. Liu, Anyu & Wu, Doris Chenguang, 2019. "Tourism productivity and economic growth," Annals of Tourism Research, Elsevier, vol. 76(C), pages 253-265.
  59. Sami Fethi & Elif Senyucel, 2021. "The role of tourism development on CO2 emission reduction in an extended version of the environmental Kuznets curve: evidence from top 50 tourist destination countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(2), pages 1499-1524, February.
  60. Waheed Ahmad & Tariq Majeed & Zubaria Andlib, 2020. "Tourism Led Growth Hypothesis: Empirical Evidence From Five South Asian Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 9(1), pages 51-59, March.
  61. Francesco Scotti & Andrea Flori & Piercesare Secchi & Marika Arena & Giovanni Azzone, 2024. "Heterogeneous drivers of overnight and same-day visits," Papers 2402.05679, arXiv.org.
  62. Zhao, Qian & Su, Chi-Wei & Qin, Meng & Umar, Muhammad, 2023. "Is global renewable energy development a curse or blessing for economic growth? Evidence from China," Energy, Elsevier, vol. 285(C).
  63. 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.
  64. Nduka, Eleanya K., 2018. "Modeling the Long-Run Relationship Between Exchange Rate-Tourism Pass-Through and Growth: The Case of Nigeria?," MPRA Paper 86584, University Library of Munich, Germany.
  65. Jun Zhang & Li Cheng, 2019. "Threshold Effect of Tourism Development on Economic Growth Following a Disaster Shock: Evidence from the Wenchuan Earthquake, P.R. China," Sustainability, MDPI, vol. 11(2), pages 1-22, January.
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  67. Adedoyin, Festus Fatai & Erum, Naila & Ozturk, Ilhan, 2022. "Does higher innovation intensity matter for abating the climate crisis in the presence of economic complexities? Evidence from a Global Panel Data," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
  68. Portella-Carbó, Ferran & Pérez-Montiel, Jose & Ozcelebi, Oguzhan, 2023. "Tourism-led economic growth across the business cycle: Evidence from Europe (1995–2021)," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1241-1253.
  69. Francis Baidoo & Lei Pan & Vera Ogeh Lassey Fiador & Elikplimi Komla Agbloyor, 2024. "Importing to feed international tourists: Growth implications for islands across the globe," Tourism Economics, , vol. 30(7), pages 1651-1679, November.
  70. Al-Nassar, Nassar S. & Yousaf, Imran & Makram, Beljid, 2023. "Spillovers between positively and negatively affected service sectors from the COVID-19 health crisis: Implications for portfolio management," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
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  74. abid, Nabila & Ceci, Federica & Razzaq, Asif, 2023. "Inclusivity of information and communication technology in ecological governance for sustainable resources management in G10 countries," Resources Policy, Elsevier, vol. 81(C).
  75. Jorge V Pérez-Rodríguez & María Santana-Gallego, 2020. "Modelling tourism receipts and associated risks, using long-range dependence models," Tourism Economics, , vol. 26(1), pages 70-96, February.
  76. Dogan, Ergun & Zhang, Xibin, 2023. "A nonparametric panel data model for examining the contribution of tourism to economic growth," Economic Modelling, Elsevier, vol. 128(C).
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  80. Taizeng Ren & Muhlis Can & Sudharshan Reddy Paramati & Jianchun Fang & Wanshan Wu, 2019. "The Impact of Tourism Quality on Economic Development and Environment: Evidence from Mediterranean Countries," Sustainability, MDPI, vol. 11(8), pages 1-17, April.
  81. Dinesh Jaisinghani & Muskan Kaur & Mahesh Joshi & Sharad Sharma & Abdullahi D Ahmed, 2024. "Impact of political risk and economic growth on the tourism industry: Evidence from a dynamic threshold panel model," Tourism Economics, , vol. 30(6), pages 1448-1464, September.
  82. Theodore Panagiotidis & Maurizio Mussoni & Georgios Voucharas, 2023. "How Important is Tourism for Growth?," Working Paper series 23-13, Rimini Centre for Economic Analysis.
  83. Qin, Meng & Su, Chi-Wei & Umar, Muhammad & Lobonţ, Oana-Ramona & Manta, Alina Georgiana, 2023. "Are climate and geopolitics the challenges to sustainable development? Novel evidence from the global supply chain," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 748-763.
  84. Olanipekun, Ifedolapo Olabisi & Ozkan, Oktay & Olasehinde-Williams, Godwin, 2023. "Is renewable energy use lowering resource-related uncertainties?," Energy, Elsevier, vol. 271(C).
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