Tourism and Economic Growth: Assessing the Significance of Sustainable Competitiveness Using a Dynamic Panel Data Approach
ABSTRACT This study explores the tourism‐led growth hypothesis (TLGH) by assessing the moderating role of sustainable competitiveness across 203 countries from 2000 to 2019. Utilizing the system generalized method of moments (SYS‐GMM) approach, the analysis confirms that tourism contributes positive...
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| Veröffentlicht in: | The international journal of tourism research 2024-09, Vol.26 (5), p.n/a |
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| container_title | The international journal of tourism research |
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| creator | Lin, Woon Leong |
| description | ABSTRACT
This study explores the tourism‐led growth hypothesis (TLGH) by assessing the moderating role of sustainable competitiveness across 203 countries from 2000 to 2019. Utilizing the system generalized method of moments (SYS‐GMM) approach, the analysis confirms that tourism contributes positively to economic growth, with variations observed across different income levels and degrees of competitiveness. The findings indicate that both low‐ and high‐income countries experience enhanced economic benefits from tourism when competitiveness is prioritized. The study underscores the importance of developing sustainable competitiveness strategies as a means to amplify tourism's positive effects on economic growth. These insights provide a valuable basis for policymakers aiming to leverage tourism as a catalyst for sustainable economic development across diverse national contexts. |
| doi_str_mv | 10.1002/jtr.2760 |
| format | Article |
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This study explores the tourism‐led growth hypothesis (TLGH) by assessing the moderating role of sustainable competitiveness across 203 countries from 2000 to 2019. Utilizing the system generalized method of moments (SYS‐GMM) approach, the analysis confirms that tourism contributes positively to economic growth, with variations observed across different income levels and degrees of competitiveness. The findings indicate that both low‐ and high‐income countries experience enhanced economic benefits from tourism when competitiveness is prioritized. The study underscores the importance of developing sustainable competitiveness strategies as a means to amplify tourism's positive effects on economic growth. These insights provide a valuable basis for policymakers aiming to leverage tourism as a catalyst for sustainable economic development across diverse national contexts.</description><identifier>ISSN: 1099-2340</identifier><identifier>EISSN: 1522-1970</identifier><identifier>DOI: 10.1002/jtr.2760</identifier><language>eng</language><publisher>Chichester, UK: John Wiley & Sons, Inc</publisher><subject>panel data ; sustainable competitiveness ; system generalised method of moment ; tourism and economic growth hypothesis</subject><ispartof>The international journal of tourism research, 2024-09, Vol.26 (5), p.n/a</ispartof><rights>2024 John Wiley & Sons Ltd.</rights><rights>2024 John Wiley & Sons, Ltd.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><cites>FETCH-LOGICAL-c1840-5fe0202b62b68ad70f304ed2a06ac971df173ee371c9bea4728106499315a8783</cites><orcidid>0000-0002-6568-412X</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://onlinelibrary.wiley.com/doi/pdf/10.1002%2Fjtr.2760$$EPDF$$P50$$Gwiley$$H</linktopdf><linktohtml>$$Uhttps://onlinelibrary.wiley.com/doi/full/10.1002%2Fjtr.2760$$EHTML$$P50$$Gwiley$$H</linktohtml><link.rule.ids>314,780,784,1417,27923,27924,45573,45574</link.rule.ids></links><search><creatorcontrib>Lin, Woon Leong</creatorcontrib><title>Tourism and Economic Growth: Assessing the Significance of Sustainable Competitiveness Using a Dynamic Panel Data Approach</title><title>The international journal of tourism research</title><description>ABSTRACT
This study explores the tourism‐led growth hypothesis (TLGH) by assessing the moderating role of sustainable competitiveness across 203 countries from 2000 to 2019. Utilizing the system generalized method of moments (SYS‐GMM) approach, the analysis confirms that tourism contributes positively to economic growth, with variations observed across different income levels and degrees of competitiveness. The findings indicate that both low‐ and high‐income countries experience enhanced economic benefits from tourism when competitiveness is prioritized. The study underscores the importance of developing sustainable competitiveness strategies as a means to amplify tourism's positive effects on economic growth. These insights provide a valuable basis for policymakers aiming to leverage tourism as a catalyst for sustainable economic development across diverse national contexts.</description><subject>panel data</subject><subject>sustainable competitiveness</subject><subject>system generalised method of moment</subject><subject>tourism and economic growth hypothesis</subject><issn>1099-2340</issn><issn>1522-1970</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><recordid>eNp1kEFPAjEQhTdGExFN_AlNvHhZnHaX7dYbQUQNiUbg3AzdLpTsdnFbJPjrLeDVZJKZw_fey7wouqXQowDsYe3bHuMZnEUd2mcspoLDebhBiJglKVxGV86tAYCLlHain1mzbY2rCdqCjFRjm9ooMm6bnV89koFz2jljl8SvNJmapTWlUWiVJk1Jplvn0VhcVJoMm3qjvfHmW9sgIfOjCsnT3uLB8QOtrsgTeiSDzaZtUK2uo4sSK6dv_nY3mj-PZsOXePI-fh0OJrGieQpxv9TAgC2yMDkWHMoEUl0whAyV4LQoKU-0TjhVYqEx5SynkKVCJLSPOc-TbnR38g2xX1vtvFyHn22IlAmlXDCWZixQ9ydKtY1zrS7lpjU1tntJQR6alaFZeWg2oPEJ3ZlK7__l5Nvs88j_Aitgejk</recordid><startdate>202409</startdate><enddate>202409</enddate><creator>Lin, Woon Leong</creator><general>John Wiley & Sons, Inc</general><general>Wiley Periodicals Inc</general><scope>AAYXX</scope><scope>CITATION</scope><orcidid>https://orcid.org/0000-0002-6568-412X</orcidid></search><sort><creationdate>202409</creationdate><title>Tourism and Economic Growth: Assessing the Significance of Sustainable Competitiveness Using a Dynamic Panel Data Approach</title><author>Lin, Woon Leong</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c1840-5fe0202b62b68ad70f304ed2a06ac971df173ee371c9bea4728106499315a8783</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>panel data</topic><topic>sustainable competitiveness</topic><topic>system generalised method of moment</topic><topic>tourism and economic growth hypothesis</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Lin, Woon Leong</creatorcontrib><collection>CrossRef</collection><jtitle>The international journal of tourism research</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Lin, Woon Leong</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Tourism and Economic Growth: Assessing the Significance of Sustainable Competitiveness Using a Dynamic Panel Data Approach</atitle><jtitle>The international journal of tourism research</jtitle><date>2024-09</date><risdate>2024</risdate><volume>26</volume><issue>5</issue><epage>n/a</epage><issn>1099-2340</issn><eissn>1522-1970</eissn><abstract>ABSTRACT
This study explores the tourism‐led growth hypothesis (TLGH) by assessing the moderating role of sustainable competitiveness across 203 countries from 2000 to 2019. Utilizing the system generalized method of moments (SYS‐GMM) approach, the analysis confirms that tourism contributes positively to economic growth, with variations observed across different income levels and degrees of competitiveness. The findings indicate that both low‐ and high‐income countries experience enhanced economic benefits from tourism when competitiveness is prioritized. The study underscores the importance of developing sustainable competitiveness strategies as a means to amplify tourism's positive effects on economic growth. These insights provide a valuable basis for policymakers aiming to leverage tourism as a catalyst for sustainable economic development across diverse national contexts.</abstract><cop>Chichester, UK</cop><pub>John Wiley & Sons, Inc</pub><doi>10.1002/jtr.2760</doi><tpages>21</tpages><orcidid>https://orcid.org/0000-0002-6568-412X</orcidid></addata></record> |
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| ispartof | The international journal of tourism research, 2024-09, Vol.26 (5), p.n/a |
| issn | 1099-2340 1522-1970 |
| language | eng |
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| subjects | panel data sustainable competitiveness system generalised method of moment tourism and economic growth hypothesis |
| title | Tourism and Economic Growth: Assessing the Significance of Sustainable Competitiveness Using a Dynamic Panel Data Approach |
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