Tourism Specialization, Absorptive Capacity, and Economic Growth

Glauco De Vita, Khine Kyaw · 2016 · Journal of Travel Research

Summary. Tourism specialization boosts economic growth, but only when countries have sufficient financial system development to absorb tourism revenues effectively. The study of 129 countries from 1995–2011 shows that excessive tourism dependence eventually harms growth, even in developed economies. Financial capacity and economic development level determine whether tourism specialization benefits or damages long-term growth.

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Vita, G. D., & Kyaw, K.. (2016). Tourism Specialization, Absorptive Capacity, and Economic Growth. Journal of Travel Research. https://doi.org/10.1177/0047287516650042

@article{vita-2016-tourism-specialization-absorptive-capacity-economic,
  title   = {Tourism Specialization, Absorptive Capacity, and Economic Growth},
  author  = {Glauco De Vita and Khine Kyaw},
  journal = {Journal of Travel Research},
  year    = {2016},
  doi     = {10.1177/0047287516650042},
  url     = {https://doi.org/10.1177/0047287516650042}
}

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TI  - Tourism Specialization, Absorptive Capacity, and Economic Growth
AU  - Glauco De Vita
AU  - Khine Kyaw
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Details

DOI: 10.1177/0047287516650042
Countries: United Kingdom
Regions: Europe
Categories: policy, regional-innovation-systems, general-innovation
Added: 2026-04-28