Resumen de Revisiting tourism’sadditional impacton income
This study revisits the question of whether tourism development is an additional determinant ofincome or works through other standard income determinants. Both a panel data analysis from2006 to 2015 and a cross-sectional country average analysis reveal that the incremental effect oftourism is significantly positive, suggesting that tourism is an additional determinant of income.Further analyses show that the income effect of tourism is contingent on some country charac-teristics: the positive income effect of tourism mainly appears in countries with weak policies orinstitutions for environmental sustainability or with better quality of overall infrastructure. Thesefindings help enhance the understanding of the significant contribution of international tourism tothe economic growth worldwide. The implication is that the governments of destination countriesshould fully support tourism development.
