Economics

A qualitative dynamic analysis of the relationship between tourism and human development

P. J. Cárdenas-garcía, J. G. Brida, et al.

This study by Pablo Juan Cárdenas-García, Juan Gabriel Brida, and Verónica Segarra delves into how tourism impacts human development across 123 countries from 1995 to 2019. The findings reveal a clear correlation: countries with high tourism specialization tend to enjoy greater economic development. However, a concerning number face a poverty trap due to low tourism and development. The research calls for strategic policies to enhance tourism in underdeveloped nations.

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