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Has the tourism-led growth hypothesis been validated? A literature review

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  1. Amin, Sakib Bin & Taghizadeh-Hesary, Farhad, 2023. "Tourism, sustainability, and the economy in Bangladesh: The innovation connection amidst Covid-19," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 153-167.
  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. Okumus, Fevzi & Kocak, Emrah, 2023. "Tourism and economic output: Do asymmetries matter?," Annals of Tourism Research, Elsevier, vol. 100(C).
  4. Martin Enilov & Yuan Wang, 2022. "Tourism and economic growth: Multi-country evidence from mixed-frequency Granger causality tests," Tourism Economics, , vol. 28(5), pages 1216-1239, August.
  5. Kumar, Nikeel Nishkar & Patel, Arvind, 2023. "Nonlinear effect of air travel tourism demand on economic growth in Fiji," Journal of Air Transport Management, Elsevier, vol. 109(C).
  6. Chen, Liang & Guo, Yirong, 2023. "Revisiting resources extraction perspective in determining the tourism industry: Globalisation and human capital for next-11 economies," Resources Policy, Elsevier, vol. 85(PA).
  7. Antoine Belgodere & Sauveur Giannoni & Sandrine Noblet, 2022. "Are good institutions required to import economic growth? The case of tourism," Tourism Economics, , vol. 28(7), pages 1943-1955, November.
  8. Rita De Siano & Rosaria Rita Canale, 2024. "The role of tourism in European regions’ economic recovery: A spatial perspective," Tourism Economics, , vol. 30(8), pages 2021-2042, December.
  9. Rapetti, Martin, 2020. "Conflicto distributivo y crecimiento en Argentina [Distributive Conflict and economic growth in Argentina]," MPRA Paper 123149, University Library of Munich, Germany.
  10. Jun Zhang, 2023. "Spatial effects of tourism development on economic resilience: an empirical study of Wenchuan earthquake based on dynamic spatial Durbin model," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 115(1), pages 309-329, January.
  11. 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.
  12. Bernardina Algieri & Antonio à lvarez, 2023. "Assessing the ability of regions to attract foreign tourists: The case of Italy," Tourism Economics, , vol. 29(3), pages 788-811, May.
  13. Vinko Muštra & Blanka Škrabić Perić & Smiljana Pivčević, 2023. "Cultural heritage sites, tourism and regional economic resilience," Papers in Regional Science, Wiley Blackwell, vol. 102(3), pages 465-482, June.
  14. 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.
  15. Maja, Buljat & Suzana, Herman & Kristijan, Covic, 2022. "Application of Multiple Regression Analysis in modeling the role of the hotel industry in a country's economy," Journal of Economic and Social Development, Clinical Journals Press, vol. 9(02), pages 01-10, September.
  16. 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.
  17. Bernini, Cristina & Galli, Federica, 2023. "Innovation, productivity and spillover effects in the Italian accommodation industry," Economic Modelling, Elsevier, vol. 119(C).
  18. Goran Karanovic, 2023. "Exploring the Intrinsic Factors Influencing Return on Assets: A Case Study of the Hotel Industry in Selected EU Countries," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 16(1), pages 54-61, October.
  19. Risso, Adrián, 2022. "El impacto de los programas de inversión pública en turismo sobre los ingresos por turismo en América Latina y el Caribe," IDB Publications (Working Papers) 12041, Inter-American Development Bank.
  20. Jean-François Hoarau, 2022. "Is international tourism responsible for the outbreak of the COVID-19 pandemic? A cross-country analysis with a special focus on small islands," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(2), pages 493-528, May.
  21. Chandan Sharma, 2024. "Good and bad effects of corruption and political uncertainty on tourism-growth linkage: World-wide evidence," Tourism Economics, , vol. 30(6), pages 1423-1447, September.
  22. 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.
  23. Libertad González Luna & Tetyana Surovtseva, 2020. "Do more tourists promote local employment?," Economics Working Papers 1746, Department of Economics and Business, Universitat Pompeu Fabra.
  24. George Ekonomou & George Halkos, 2024. "Expanding the tourism energy growth nexus: an empirical analysis within the Eurozone," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(11), pages 27585-27605, November.
  25. 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).
  26. Azizjon Qodirov & Dilfuza Urakova & Mirzoxid Amonov & Manzura Masharipova & Ergash Ibadullaev & Fozil Xolmurotov & Feruz Matkarimov, 2024. "The Dynamics of Tourism, Economic Growth, and CO2 Emissions in Uzbekistan: An ARDL Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 14(6), pages 365-370, November.
  27. Philip Watson & Steven Deller, 2022. "Tourism and economic resilience," Tourism Economics, , vol. 28(5), pages 1193-1215, August.
  28. Niccolò Comerio & Fausto Pacicco, 2024. "The role of tourism in reducing economic inequalities: the case of Italy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(3), pages 839-880, October.
  29. 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.
  30. 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.
  31. 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.
  32. 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).
  33. Marcos à lvarez-Díaz & José María Chamorro-Rivas & Manuel González-Gómez & María Soledad Otero-Giráldez, 2024. "The impact of the COVID-19 outbreak on intra- and inter-regional domestic travel: Evidence from Spain," Tourism Economics, , vol. 30(4), pages 1039-1061, June.
  34. George Soklis & George Petrakos & Sophia Panousi, 2025. "The Contribution of the Hotel Industry to the Greek Economy," Tourism and Hospitality, MDPI, vol. 6(1), pages 1-21, January.
  35. 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.
  36. Roberto Balado-Naves & David Boto-García & José Francisco Baños-Pino, 2024. "A multisector growth model for testing the Tourism-Led Growth versus the Beach Disease hypotheses," Efficiency Series Papers 2024/01, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
  37. Sook Rei Tan & Jacob Wood & Haejin Jang & Caroline Wong & Changtai Li, 2024. "Tourism‐induced growth and quality of life: the Singapore story," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 38(1), pages 204-224, May.
  38. Isiaka Akande Raifu & Joshua Adeyemi Afolabi, 2024. "Revisiting the Tourism-Led-Growth Hypothesis - Fresh Evidence From the World’s Top Ten Tourist Destinations," Asian Economics Letters, Asia-Pacific Applied Economics Association, vol. 5(1), pages 1-5.
  39. Brida Juan Gabriel & Moreno Leonardo & Scaglione Miriam, 2024. "Modeling multivariate tourism expenditure using vine copula: empirical findings from of Fribourg-Switzerland," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(5), pages 4093-4116, October.
  40. 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).
  41. Lamia Jamel, 2020. "The Relation between Tourism and Economic Growth: A Case of Saudi Arabia as an Emerging Tourism Destination," Virtual Economics, The London Academy of Science and Business, vol. 3(4), pages 29-47, October.
  42. 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.
  43. Theodore Panagiotidis & Maurizio Mussoni & Georgios Voucharas, 2023. "How Important is Tourism for Growth?," Working Paper series 23-13, Rimini Centre for Economic Analysis.
  44. Sakiru Adebola Solarin & Muhammed Sehid Gorus & Onder Ozgur, 2024. "Modelling the economic effect of inbound birth tourism: a random forest algorithm approach," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(5), pages 4223-4240, October.
  45. L. Vargiu & B. Biagi & M.G. Brandano & P. Postiglione, 2023. "Research Infrastructures and Regional Growth: the case of Europe," Working Paper CRENoS 202314, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
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