Does Tourism Growth Influence Economic Development?

Abstract

Having recognized the importance of tourism to economic growth, most international organizations have begun to argue that tourism growth can influence, as well, the economic and sociocultural development of society. However, recently, a new approach that criticizes the relationship between both dimensions has begun to be developed; suggesting that this is not an automatic relationship. In this context, the aim of this study is to determine whether the economic growth experienced in some countries as a result of the expansion of the tourism activity over the last two decades influences an increase in the level of economic development. To that end, a sample of 144 countries has been used, which verifies that this relationship occurs, especially in more developed countries, which calls into question the conception of tourism as a driving force of economic development for the least developed countries, and even in developing countries.