Advanced Search
MyIDEAS: Login

Tourism and Economic Development: A Survey


Author Info

  • M. Thea Sinclair
Registered author(s):


    Faced with the problems of declining terms of trade for agricultural products and high levels of protection against manufacturs, many developing countries have turned to tourism as a possible alternative source of growth. This paper provides a comprehensive survey of the literature on tourism and economic development, identifying both the contribution that tourism can make to development and the costs that it entails. Single equation and system of equations models which have been used to estimate tourism demand are provided and evaluated. The estimated elasticity values indicate developing countries' potential to benefit from increasing expenditure on tourism but their susceptibility to deterioration in price competitiveness. The economic features of the main sectors of tourism supply - transportation, tour operators, travel agents and accommodation - are examined and the role of cross-country integration between firms, operating in imperfectly competitive contexts, is highlighted. Tourism's considerable contributions to foreign currency, income and employment generation are examined. The paper argues that many of the problems associated with the use of developing countries' environmental resources for tourism stem from market failure. Methods which can be used to value such resources are provided and implications for using the market mechanism to increase returns from tourism are suggested.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Paper provided by Department of Economics, University of Kent in its series Studies in Economics with number 9703.

    as in new window
    Date of creation: Jun 1997
    Date of revision:
    Publication status: Published in Journal of Development Studies, 1998, 34(5), pp.1-51
    Handle: RePEc:ukc:ukcedp:9703

    Contact details of provider:
    Postal: Department of Economics, University of Kent at Canterbury, Canterbury, Kent, CT2 7NP
    Phone: +44 (0)1227 764000
    Fax: +44 (0)1227 827850
    Web page:

    Order Information:

    Related research

    Keywords: Tourism; Development; Demand; Supply; Balance of Payments; Income; Employment; Instability; Environment;

    Find related papers by JEL classification:


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:ukc:ukcedp:9703. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Emma Robinson).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.