THE IMPACT OF TOURISM REVENUES ON ECONOMIC DEVELOPMENT: AN EMPIRICAL ANALYSIS OF CENTRAL ASIAN COUNTRIES.

This research examines the empirical relationship between tourism revenues and economic growth rates. To carry out this study, data on the share of tourism revenues in GDP and GDP growth rates for Central Asian countries from 2000 to 2021 were obtained from the World Bank database. Due to the heteroscedasticity problem in the GLS regression, the regression with robust standard errors was used. The results showed a strong positive relationship between the two indicators, specifically that a 1% change in tourism revenues corresponds to a 0.5% change in GDP growth.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-03-17
DOI
https://doi.org/10.5281/zenodo.15038663
Primary Topic
Diverse Aspects of Tourism Research
Type
article
Field-Weighted Citation Impact
0.00
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article

THE IMPACT OF TOURISM REVENUES ON ECONOMIC DEVELOPMENT: AN EMPIRICAL ANALYSIS OF CENTRAL ASIAN COUNTRIES.

Zenodo (CERN European Organization for Nuclear Research)
Diverse Aspects of Tourism Research
article

THE IMPACT OF TOURISM REVENUES ON ECONOMIC DEVELOPMENT: AN EMPIRICAL ANALYSIS OF CENTRAL ASIAN COUNTRIES.

article en

Abstract

This research examines the empirical relationship between tourism revenues and economic growth rates. To carry out this study, data on the share of tourism revenues in GDP and GDP growth rates for Central Asian countries from 2000 to 2021 were obtained from the World Bank database. Due to the heteroscedasticity problem in the GLS regression, the regression with robust standard errors was used. The results showed a strong positive relationship between the two indicators, specifically that a 1% change in tourism revenues corresponds to a 0.5% change in GDP growth.

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 43%
Diverse Aspects of Tourism Research
DOIOpen Access PDFOpenAlex
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THE IMPACT OF TOURISM REVENUES ON ECONOMIC DEVELOPMENT: AN EMPIRICAL ANALYSIS OF CENTRAL ASIAN COUNTRIES. · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS