{"title":"Tourism and Economic Growth: Assessing the Significance of Sustainable Competitiveness Using a Dynamic Panel Data Approach","authors":"Woon Leong Lin","doi":"10.1002/jtr.2760","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>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.</p>\n </div>","PeriodicalId":4,"journal":{"name":"ACS Applied Energy Materials","volume":null,"pages":null},"PeriodicalIF":5.4000,"publicationDate":"2024-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ACS Applied Energy Materials","FirstCategoryId":"91","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/jtr.2760","RegionNum":3,"RegionCategory":"材料科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"CHEMISTRY, PHYSICAL","Score":null,"Total":0}
引用次数: 0
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.
期刊介绍：
ACS Applied Energy Materials is an interdisciplinary journal publishing original research covering all aspects of materials, engineering, chemistry, physics and biology relevant to energy conversion and storage. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrate knowledge in the areas of materials, engineering, physics, bioscience, and chemistry into important energy applications.
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