Transforming Competitiveness into Economic Benefits: Does Tourism Stimulate Economic Growth in More Competitive Destinations?

Tourism Management, 40, pp. 137-140

15 Pages Posted: 6 Jun 2013 Last revised: 27 Sep 2014

See all articles by Craig Webster

Craig Webster

Ball State University

Stanislav Hristov Ivanov

Varna University of Management (VUM); Zangador

Date Written: 2013

Abstract

This research note investigates the impact of a destination’s competitiveness upon tourism’s contribution to economic growth using a cross-section with 131 countries. Destination competitiveness is measured with the World Economic Forum’s Travel and Tourism Competitiveness Index, while tourism’s contribution to economic growth is measured with the growth decomposition methodology. Results reveal that destination competitiveness has no statistically significant impact on tourism’s contribution to economic growth. Tourism policy implications and directions for future research are also discussed.

Keywords: tourism and economic growth, growth decomposition methodology, destination competitiveness, World Economic Forum, Travel and Tourism Competitiveness Index

Suggested Citation

Webster, Craig and Ivanov, Stanislav Hristov, Transforming Competitiveness into Economic Benefits: Does Tourism Stimulate Economic Growth in More Competitive Destinations? (2013). Tourism Management, 40, pp. 137-140. Available at SSRN: https://ssrn.com/abstract=2274067

Craig Webster

Ball State University ( email )

2000 W. University Avenue
Muncie, IN 47306
United States

Stanislav Hristov Ivanov (Contact Author)

Varna University of Management (VUM) ( email )

13 Oborishte Street
Varna, 9000
Bulgaria
+359 898 680713 (Phone)

HOME PAGE: http://www.vumk.eu

Zangador ( email )

Varna, 9010
Bulgaria

HOME PAGE: http://www.zangador.eu

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