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A revised perspective on tourism-economic growth nexus, exploring tourism market diversification

Bibliographic Data

ID21689679
AuthorsBehnaz Saboori (0000-0003-2933-3098, Sultan Qaboos University, Oman, corresponding author), Zahed Ghaderi (0000-0001-6666-1635, Sultan Qaboos University, Oman), Abdorreza Soleymani (Training, Research and Capacity Building Office, I.R. Iran Customs, Tehran, Iran)
Year2023
Volume29
Issue7
Pages1812-1835
Publication date2023-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueTourism Economics (JOURNAL)
Journal identifiersISSN: 1354-8166 • E-ISSN: 2044-0375
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/13548166221134183
OpenAlexW4306382491
LanguageEN
Citations received13
References cited71

In this study for the first time, we examined the effect of tourism market diversification (TMD) on economic growth for 109 countries categorized by income groups. Employing Quantile regression, the results revealed that TMD contributes to the economic growth of low- and lower-middle-income countries only at the lower, and lower-to-intermediate quantiles. In high-income countries, TMD not only has no significant effect on economic growth at lower quantile of GDP, but its effect tends to be negative at higher quantiles. Our findings indicated that TMD strategies work better at lower levels of economic growth than at higher levels of economic growth

Business · Econometrics · Economic geography · Economics · Geography · Quantile · Quantile regression · Tourism · Diverse Aspects of Tourism Research · Energy, Environment, Economic Growth · Fiscal Policy and Economic Growth

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Unique citing works13
Citations per year4,33
Citation span2023 - 2026 (4)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 13

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