Does Tourism Foster Economic Growth in BRICS Region? Empirical Evidence over 1995-2019

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dc.contributor.authorMishra, P.K.
dc.contributor.authorSahoo, Debasis
dc.contributor.authorRout, Himanshu B.
dc.contributor.authorChaini, S.R.
dc.contributor.authorKumar, Pradip
dc.date.accessioned2024-01-21T10:57:47Z
dc.date.accessioned2024-08-14T08:48:54Z
dc.date.available2024-01-21T10:57:47Z
dc.date.available2024-08-14T08:48:54Z
dc.date.issued2022-12-02T00:00:00
dc.description.abstractIn the BRICS region, international tourism is considered a significant contributor to employment, forex earnings, and gross domestic product. In this context, this study examined the impact of tourism on the growth of BRICS economies by employing PMG based ARDL panel data analysis technique over an augmented neo-classical growth model during a period from 1995 to 2019. The results support a positive impact of international tourism on the growth of BRICS nations when their levels of human development are controlled in the long run. So, this study adds another feather to the extant empirical evidence of the tourism-led growth hypothesis in the BRICS region. Therefore, the policies of tourism sector development/expansion can supplement in achieving an elevated real economic growth in BRICS economies. � 2022 by ASERS� Publishing. All rights reserved.en_US
dc.identifier.doi10.14505/jemt.v13.4(60).15
dc.identifier.issn20687729
dc.identifier.urihttps://kr.cup.edu.in/handle/32116/4444
dc.identifier.urlhttps://journals.aserspublishing.eu/jemt/article/view/7063
dc.language.isoen_USen_US
dc.publisherASERS Publishing Houseen_US
dc.subjectBRICSen_US
dc.subjecteconomic growthen_US
dc.subjecthuman developmenten_US
dc.subjectinternational tourismen_US
dc.titleDoes Tourism Foster Economic Growth in BRICS Region? Empirical Evidence over 1995-2019en_US
dc.title.journalJournal of Environmental Management and Tourismen_US
dc.typeArticleen_US
dc.type.accesstypeClosed Accessen_US

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