Does too much tourism development really increase the size of the informal economy
Bibliographic Data
| ID | 21698255 |
|---|---|
| Authors | Ting Xu (0000-0001-5392-4731, Xiangtan University), Zhike Lv (0000-0002-9583-0095, Xiangtan University, corresponding author) |
| Year | 2022 |
| Volume | 25 |
| Issue | 6 |
| Pages | 844-849 |
| Publication date | 2022-03-19 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Current Issues in Tourism (JOURNAL) |
| Journal identifiers | ISSN: 1368-3500 • E-ISSN: 1747-7603 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13683500.2021.1888898 |
| OpenAlex | W3130256357 |
| Language | EN |
| Citations received | 7 |
| References cited | 18 |
This study provides new evidence on the relationship between tourism and the informal economy using an innovative dynamic panel threshold technique. The sample consists of 117 developed and developing countries. The empirical results indicate that tourism always has a significant and negative impact on the informal economy, suggesting that tourism will always lead to a decrease in the formal economy, irrespective of how high the level of tourism development. However, panel threshold regression finds that countries with the level of tourism development passed the threshold level, tourism will have more impact on the informal economy. These findings reveal that too much tourism is not bad for informality, but instead, conducive to reduce informality
Business · Developing country · Econometrics · Economic growth · Economics · Economy · Empirical evidence · Informal sector · Panel data · Political science · Tourism · Diverse Aspects of Tourism Research · Energy, Environment, Economic Growth · Taxation and Compliance Studies
Tourism management competencies for visitor experience design among natural protected areas in Peru
What drives rural women’s participation in informal tourism employment? Evidence from Hainan, China
Effects of perceived threat of informal entrepreneurs in improving operational performance and customer bonding of formalised firms through service quality
Informal entrepreneurship in the tourism sector
The effect of tourism on the shadow economy
Is tourism effective in mitigating the shadow economy in developing countries? Evidence from China
Rethinking informal tourism
Instrumental Variable Estimation of a Threshold Model
Shadow Economies Around the World
Inflation and growth
Threshold effects in non-dynamic panels
Does globalization affect growth? Evidence from a new index of globalization
Political Instability and the Informal Economy
Can e-government limit the scope of the informal economy
Financial development and the underground economy
Deepening or lessening? The effects of tourism on regional inequality
Tourism-led growth hypothesis in the top ten tourist destinations
Does tourism affect the informal sector
| Citations per year | 2.33 |
|---|---|
| Citation span | 2023 - 2026 (4) |
| Highly cited | No |