A meta-analysis of the tourism and economic growth Nexus
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28 November 2022
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The existing literature is fraught with empirical studies delineating the impact of the tourism sector on economic growth. However, the results are at best inconclusive. In this regard, the aim of the present study is to investigate the underlying elements influencing the tourismeconomic growth nexus within a meta-analysis framework. Such types of study are very scanty in nature and the only existing meta study focuses solely on panel data studies. In the present instance, our study is extended to include time series and cross sectional types of studies also. The results indicate that the relationship between tourism and economic growth is systematically influenced by data characteristics, estimation characteristics and specification characteristics.
