IDEAS home Printed from https://ideas.repec.org/a/eme/jbsedp/jbsed-07-2021-0102.html
   My bibliography  Save this article

Tourism and income inequality

Author

Listed:
  • Yogeeswari Subramaniam
  • Tajul Ariffin Masron
  • Nanthakumar Loganathan

Abstract

Purpose - Tourism has grown to be one of the world's largest and fastest-growing economic industries. Tourism development is viewed as a tool to improve income distribution as it allows people at the bottom of the pyramid to get involved in the industry. This study aims to examine the impact of tourism on income inequality in the top income equality countries. Design/methodology/approach - The paper employs fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares techniques to investigate the dynamic impact of tourism on income inequality in the world's most income equality countries, from 2001 to 2016. Findings - The result shows that tourism is one of the major drivers of income equality. Thus, tourism can be used to reduce a country's income disparity. Practical implications - As a result, policymakers should support the tourism industry to reduce income disparity and enhance income distribution. Originality/value - Given the conflicting findings in the literature, this study reexamines this link and attempts to backwardly assess if the top equal-income countries in the world are heavily dependent on tourism.

Suggested Citation

  • Yogeeswari Subramaniam & Tajul Ariffin Masron & Nanthakumar Loganathan, 2022. "Tourism and income inequality," Journal of Business and Socio-economic Development, Emerald Group Publishing Limited, vol. 2(2), pages 181-194, August.
    • Handle: RePEc:eme:jbsedp:jbsed-07-2021-0102
    DOI: 10.1108/JBSED-07-2021-0102
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/JBSED-07-2021-0102/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: no
    File URL: https://www.emerald.com/insight/content/doi/10.1108/JBSED-07-2021-0102/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: no
    File URL: https://libkey.io/10.1108/JBSED-07-2021-0102?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jbsedp:jbsed-07-2021-0102. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.