Economic Impacts of Tourism: A Literature Research
DOI:
https://doi.org/10.68099/ijabms.2020.233Keywords:
Tourism sector, economic growth, employment, balance of paymentsAbstract
Tourism sector has considerably expanded and become a significant item of global export. The tourism sector has led many economic, environmental, social, and cultural impacts. In this study, we researched the empirical literature on the impacts of tourism on economic growth, employment, and balance of payments. The empirical literature revealed that tourism sector made a positive contribution to economic growth, employment, and balance of payments.
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