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Tourism paper. Growth of tourism in india. With her rich cultural heritage as. Thus there was a need to elicit the influence of tourism development on economic growth in india.
Tourism tourism specialization economic growth jel. As mentioned earlier india is a vast country of great beauty and diversity and her tourist potential is equally vast. Introduction tourism and travel is a large and growing sector of the global economy.
The role of tourism industry on economic growth is examined in this paper for our sample countries for period of 20041 20132. Tourism has therefore a place at the heart of global development policies and the opportunity to gain further political recognition and make a real impact as the decade of action gets underway leaving just ten years. Tourism in india has a strong relevance to economic development cultural growth and national integration.
The tourism industry and its consumers tourists are emerging forms of information and communications technology ict that. The tourism led growth hypothesis is not confirmed completely. Its impact on employment and economic development.
Hayden everett is a senior country. Objectives of the study following are the specific objectives of the study. Example illustrates well both the promise and the limitations of tourism driven economic growth.
2008 du et al. Global tourism growth rate kept increasing in 2017 global tourism economy growth rates 2016 2018 2016 2017 2018f growth rate of global tourist arrivals 64 68 67 growth rate of total global tourist revenue 26 43 59. The tourism can lead economic growth in india.
As world income grows more individuals can afford the relative luxury of leisure travel. Smart tourism is an upcoming and novel exhortation applied to portray the growing reliance of tourism destinations globally. 2014 bojanic and lo 2016.
2004 fayissa et al. Given tourisms position as a top export sector and creator of employment unwto advocates the need for responsible growth. In the study of tourism led growth tourist receipts have been utilized by a number of researchers including eugenio et al.