Advertisement

Tourism Growth Versus Economic Development: An Analysis by Multivariate Techniques

  • Marcelino Sánchez-Rivero
  • Juan Ignacio Pulido-Fernández
  • Pablo Juan Cárdenas-García
Chapter

Abstract

The debate about the role of tourism as economic development tool is not new, although in recent years, there have been interesting contributions to it. Many institutions have highlighted the importance of tourism as an engine of social transformation and tool for promoting economic development and growth potential, to the point that tourism is expected to generate over a horizon of no more than ten years 11.3 % of world GDP and 8.3% of employment. The economic literature has been agreeing with these statements, although there is growing consensus about the error of accepting this statement with absolute. The aim of this paper is twofold. On the one hand, it is to determine whether there is a relationship between the growth of tourism in a country and its level of economic development, and if so, with which sign, and on the other, to identify the factors that favour or hinder this relationship. The analysis was performed at a country scale using canonical correspondence analysis. This technique allows one to determine whether or not there exists a relationship (and in which sense) between two multidimensional variables – in this case, the growth of tourism and economic development.

Keywords

Economic Development Canonical Correspondence Analysis Composite Index Canonical Variable Millennium Development Goal 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Abramovitz M (1952) A survey of contemporary economics. Richard D. Irwin, HomewoodGoogle Scholar
  2. Arocena J (1995) El desarrollo local: un desafío contemporáneo. Nueva Sociedad, CaracasGoogle Scholar
  3. Arrous J (1999) Les théories de la croissance. Editions du Seuil, ParisGoogle Scholar
  4. Arrow KJ (1962) The economics implications of learning by doing. Rev Econ Stud 29:15–173Google Scholar
  5. Aydalot P (1985) Économie régionale et urbaine. Economica, ParísGoogle Scholar
  6. Benito S (2008) Teoría del crecimiento económico. Apuntes de MacroeconomíaGoogle Scholar
  7. Boisier S (2003) El desarrollo en su lugar. Universidad Católica de Chile, SantiagoGoogle Scholar
  8. Britton SG (1982) The political economy of tourism in the Third World (Pacific South). Ann Tour Res 9(3):331–358CrossRefGoogle Scholar
  9. Brohman J (1996) New directions in tourism for Third World development. Ann Tour Res 23(1):48–70CrossRefGoogle Scholar
  10. Cater EA (1987) Tourism in the least developed countries. Ann Tour Res 14(2):202–226CrossRefGoogle Scholar
  11. Cooper C, Fletcher J, Fyall A, Gilbert D, Wanhill S (2007) El turismo. Teoría y práctica. Editorial Síntesis, MadridGoogle Scholar
  12. Cortés-Jimenéz I, Artís M (2005) The role of the tourism sector in economic development: lessons from the Spanish experience. 45th congress of the European Regional Science Association, Vrije Universiteit AmsterdamGoogle Scholar
  13. Crompton JL, Lee S, Shuster TJ (2001) A guide for undertaking economic impact studies: the Springfest example. J Travel Res 40:79–87CrossRefGoogle Scholar
  14. Diagne AK (2004) Tourism development and its impacts in the Senegalese Petite Côte: a geographical case study in centre-periphery relations. Tour Geogr 6(4):472–492CrossRefGoogle Scholar
  15. Dwyer L, Forsyth P, Spurr R (2004) Evaluating tourism’s economic effects: new and old approaches. Tour Manage 25:307–317CrossRefGoogle Scholar
  16. Easterly W (2000) En busca del crecimiento. Andanzas y tribulaciones de los economistas del desarrollo. Antonio Bosch, BarcelonaGoogle Scholar
  17. Figuerola M (1990) Teoría económica del turismo. Alianza Universidad Textos, MadridGoogle Scholar
  18. Forsyth TJ (1995) Tourism and agricultural development in Thailand. Ann Tour Res 22(4):877–900CrossRefGoogle Scholar
  19. Fuà G (1994) Economic growth: a discussion on figures. Istao, AnconaGoogle Scholar
  20. Goded M (2002) La promoción de la actividad turística: ¿Una política de desarrollo acertada? Rev Econ Mundial 7:111–133Google Scholar
  21. Jones H (1975) Introducción a las teorías modernas del crecimiento económico. Editorial Antoni Bosch, Barcelona, 1988 (2nd edn)Google Scholar
  22. Kingsbury P (2005) Jamaican tourism and the politics of enjoyment. Geoforum 36(1):113–132CrossRefGoogle Scholar
  23. Kuznets S (1966) Modern economic growth. Yale University Press, New HavenGoogle Scholar
  24. Lanza A, Pigliaru F (1994) The tourism sector in the open economy. In: Nijkamp P, Coccossis W (eds) Tourism and the environment. Avebury, AldershotGoogle Scholar
  25. Lanza A, Temple P, Urga G (2003) The implications of tourism specialisation in the long run: an econometric analysis for 13 OECD economies. Tour Manage 24(3):315–321CrossRefGoogle Scholar
  26. Lewis A (1954) Economic development with unlimited supplies of labour. The Manchester School of Economic Growth, George Allen & Unwin, LondresGoogle Scholar
  27. Lickorish LJ, Jenkins CL (2000) Una introducción al turismo. Editorial Síntesis, MadridGoogle Scholar
  28. Lucas R (1997) Conversación con Robert E. Lucas Jr, vol 66. Estudios Públicos, Santiago de Chile, autumnGoogle Scholar
  29. Martín P, Sáez A (2006) Turismo y desarrollo económico. In: Sáez A, Martín P, Pulido JI (coord.). Estructura económica del turismo. Editorial Síntesis, Madrid, pp 93–140Google Scholar
  30. Mochón F (2004) Economía y turismo. McGraw Hill, MadridGoogle Scholar
  31. Organisation for Economic Cooperation and Development – OECD (2009) The impact of culture of tourism. OECD, ParisGoogle Scholar
  32. Pearce D (1989) Tourism development. Longman, EssexGoogle Scholar
  33. Pérez-Ducy E (2001) Financial leakages from tourism, evaluation and policy issues for LDCs. Tourism and LDCs, CanariasGoogle Scholar
  34. Ranis G, Stewart F, Ramírez A (2000) Economic growth and human development. World Dev 28(2):197–219CrossRefGoogle Scholar
  35. Reyes G (2002) Principales Teorías sobre Desarrollo Económico y Social y su aplicación en América Latina y el Caribe. http://www.zonaeconomica.com/files/teorias-desarrollo.pdf. Accesed 28 Jan 2011
  36. Sáez A (2008) El turismo rural como factor de desarrollo local. In: Pulido JI (coord.). El turismo rural. Estructura económica y configuración territorial en España. Editorial Síntesis, Madrid, pp 51–73Google Scholar
  37. Sahli M (2007) Benefices et defies du tourism dans les PMA, University of Wellington, New Zealand. Meeting on trade and development implications of international tourism for developing countries: UNCTAD XII pre-event. Geneva, 19–20 Nov 2007, (QSTC/5/4/GPW 3.1 Rev. 2007)Google Scholar
  38. Sala-i-Martin X (1994) Apuntes de crecimiento económico. Editorial Antoni Bosch, BarcelonaGoogle Scholar
  39. Sharpley R, Telfer D (2002) Tourism and development. Concepts and issues. Channel View, ClevedonGoogle Scholar
  40. Sinclair MT (1998) Tourism and economic development: a survey. J Dev Stud 34(5):1–51CrossRefGoogle Scholar
  41. Sinclair MT, Stabler MJ (1997) The economics of tourism. Routledge, London/New YorkCrossRefGoogle Scholar
  42. Sinclair MT, Tsegaye A (1990) International tourism and export instability. J Dev Stud 26(3):487–504CrossRefGoogle Scholar
  43. Solow R (1956) A contribution to the theory of economic growth. Quat J Econ 70, pp 65–94, Feb 1956Google Scholar
  44. Tribe J (2005) The economics of recreation, leisure and tourism. Elsevier, OxfordGoogle Scholar
  45. United Nations Conference on Trade and Development – UNCTAD (2007) International tourism evolution in the LDCs since the adoption of the Canary Islands Declaration (2001). Meeting on trade and development implications of international tourism for developing countries: UNCTAD XII pre-event. Geneva, 19–20 Nov 2007, (QSTC/5/4/GPW 3.1 Rev. 2007)Google Scholar
  46. United Nations Development Program – UNDP (2009) Human development report 2009. Overcoming barriers: human mobility and development. UNDP, New YorkGoogle Scholar
  47. United Nations World Tourism Organization – UNWTO (2005) Tourism highlights 2005. UNWTO, MadridGoogle Scholar
  48. United Nations World Tourism Organization – UNWTO (2010) Tourism and the millennium development goals. http://www.unwto.org/tourism&mdgsezine/. Accessed 15 Feb 2012
  49. Vanhove N (2005) The economics of tourism destinations. Elsevier Butterworth-Heinemann, BurlingtonGoogle Scholar
  50. Vazquez-Barquero A (2005) Las nuevas fuerzas del desarrollo. Editorial Antoni Bosch, BarcelonaGoogle Scholar
  51. World Travel and Tourism Council (WTTC) (2005) Progress and priorities 2005–06. World Travel and Tourism Council, LondonGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Marcelino Sánchez-Rivero
    • 1
  • Juan Ignacio Pulido-Fernández
    • 2
  • Pablo Juan Cárdenas-García
    • 2
  1. 1.Department of EconomicsUniversity of ExtremaduraBadajozSpain
  2. 2.Department of EconomicsUniversity of JaénJaénSpain

Personalised recommendations