Title
The role of tourism in poverty reduction: an empirical assessment
Abbreviated Journal Title
Tour. Econ.
Keywords
error correction model; cointegration; Granger causality; poverty; relief; Kaldorian approach; Central America; AUTOREGRESSIVE TIME-SERIES; ECONOMIC-GROWTH; COSTA-RICA; UNIT-ROOT; COINTEGRATION; INEQUALITY; POOR; Economics; Hospitality, Leisure, Sport & Tourism
Abstract
This paper assesses how tourism affects absolute poverty beyond its effects on growth in two developing countries. In particular, the author explores whether tourism spending leads to a decline in the proportion of people helms the poverty line. An error correction model is applied to estimate the relationship between poverty and tourism spending. The results reveal that tourism does matter for the poor, but that it does not appear to have systematic effects, and that tourism development matters most for the poor at the lower levels of economic development. The findings from the two developing country case studies show differing impacts of tourism development, and thus the policy implications differ for each case.
Journal Title
Tourism Economics
Volume
20
Issue/Number
2
Publication Date
1-1-2014
Document Type
Article
Language
English
First Page
207
Last Page
226
WOS Identifier
ISSN
1354-8166
Recommended Citation
"The role of tourism in poverty reduction: an empirical assessment" (2014). Faculty Bibliography 2010s. 5204.
https://stars.library.ucf.edu/facultybib2010/5204
Comments
Authors: contact us about adding a copy of your work at STARS@ucf.edu