Modelling the asymmetric productivity effects of tourism demand

IF 3.6 3区管理学 Q1 ECONOMICS

Tourism Economics Pub Date : 2023-02-22 DOI:10.1177/13548166231158439

N. Kumar

引用次数: 0

Abstract

A recent critique of the tourism-growth literature raises concerns about whether tourism leads to permanent economic growth. We argue that tourism can be linked to total factor productivity. Tourism demand spurs efficiency gains in the tourism sector through learning by doing. However, because tourism is demand-led, asymmetric effects may arise in the tourism-productivity association. To model the permanent growth effects of tourism, we use panel asymmetric ARDL models with annual data from 94 countries over the period 1995–2018. The finding implies that tourism has permanent but asymmetric growth effects.

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旅游需求的非对称生产力效应建模

最近对旅游业增长文献的批评引发了人们对旅游业是否能带来永久经济增长的担忧。我们认为旅游业可以与全要素生产率挂钩。旅游业需求通过边做边学，促进旅游业效率的提高。然而，由于旅游业是以需求为导向的，旅游生产力协会可能会出现不对称效应。为了对旅游业的永久增长效应进行建模，我们使用面板不对称ARDL模型，其中包含1995-2018年期间94个国家的年度数据。这一发现表明，旅游业具有永久但不对称的增长效应。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Tourism Economics Multiple-

CiteScore

9.30

自引率

11.40%

发文量

期刊介绍： Tourism Economics, published quarterly, covers the business aspects of tourism in the wider context. It takes account of constraints on development, such as social and community interests and the sustainable use of tourism and recreation resources, and inputs into the production process. The definition of tourism used includes tourist trips taken for all purposes, embracing both stay and day visitors. Articles address the components of the tourism product (accommodation; restaurants; merchandizing; attractions; transport; entertainment; tourist activities); and the economic organization of tourism at micro and macro levels (market structure; role of public/private sectors; community interests; strategic planning; marketing; finance; economic development).