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https://doi.org/10.37741/t.68.1.4

Testing tourism-led economic growth and economic-driven tourism growth hypotheses: The case of Georgia

Khatai Aliyev   ORCID icon orcid.org/0000-0001-8161-6269 ; UNEC Empirical Researches Center, Azerbaijan State University of Economics (UNEC); Department of World Economy, Baku Engineering University, Baku, Azerbaijan
Nargiz Ahmadova ; Central Bank of the Republic of Azerbaijan, Monetary Policy Department, Financial Programming Division, Baku, Azerbaijan

Puni tekst: engleski, pdf (283 KB) str. 43-57 preuzimanja: 165* citiraj
APA 6th Edition
Aliyev, K. i Ahmadova, N. (2020). Testing tourism-led economic growth and economic-driven tourism growth hypotheses: The case of Georgia. Tourism: An International Interdisciplinary Journal, 68 (1), 43-57. https://doi.org/10.37741/t.68.1.4
MLA 8th Edition
Aliyev, Khatai i Nargiz Ahmadova. "Testing tourism-led economic growth and economic-driven tourism growth hypotheses: The case of Georgia." Tourism: An International Interdisciplinary Journal, vol. 68, br. 1, 2020, str. 43-57. https://doi.org/10.37741/t.68.1.4. Citirano 29.11.2020.
Chicago 17th Edition
Aliyev, Khatai i Nargiz Ahmadova. "Testing tourism-led economic growth and economic-driven tourism growth hypotheses: The case of Georgia." Tourism: An International Interdisciplinary Journal 68, br. 1 (2020): 43-57. https://doi.org/10.37741/t.68.1.4
Harvard
Aliyev, K., i Ahmadova, N. (2020). 'Testing tourism-led economic growth and economic-driven tourism growth hypotheses: The case of Georgia', Tourism: An International Interdisciplinary Journal, 68(1), str. 43-57. https://doi.org/10.37741/t.68.1.4
Vancouver
Aliyev K, Ahmadova N. Testing tourism-led economic growth and economic-driven tourism growth hypotheses: The case of Georgia. Tourism: An International Interdisciplinary Journal [Internet]. 2020 [pristupljeno 29.11.2020.];68(1):43-57. https://doi.org/10.37741/t.68.1.4
IEEE
K. Aliyev i N. Ahmadova, "Testing tourism-led economic growth and economic-driven tourism growth hypotheses: The case of Georgia", Tourism: An International Interdisciplinary Journal, vol.68, br. 1, str. 43-57, 2020. [Online]. https://doi.org/10.37741/t.68.1.4

Sažetak
This paper empirically investigates a causal relationship between tourism and economic growth in Georgia for 1997-2018 period by employing ARDLBT approach to cointegration. Results reject economic-driven tourism growth hypothesis for Georgia and reveal that impact of tourism development over economic growth is negative in the long-run, in contrary positive in the short-run. Obtained results suggest that there is a possibility to have a tourism resource curse in the long-term in Georgia. Georgian government should build a tourism strategy to avoid crowding out of human capital from industrial production and decrease the share of imports for the needs of tourism sector.

Ključne riječi
tourism-led growth; economic-driven tourism; tourism resource curse; crowding out; Georgia

Hrčak ID: 236228

URI
https://hrcak.srce.hr/236228

Posjeta: 422 *