Publication bias and the tourism-led growth hypothesis.

This study attempts to solve the publication bias suggested by recent review articles in the tourism-growth literature. Publication bias is the tendency to report favourable and significant results. Method and data triangulation, and the Solow-Swan model are applied. A sample from 1995 to 2018 is co...

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Autores principales: Nikeel Nishkar Kumar, Arvind Patel, Ravinay Amit Chandra, Navneet Nimesh Kumar
Formato: article
Lenguaje:EN
Publicado: Public Library of Science (PLoS) 2021
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Acceso en línea:https://doaj.org/article/0cafdba35f584768a5fc2f9bb25f1905
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spelling oai:doaj.org-article:0cafdba35f584768a5fc2f9bb25f19052021-12-02T20:16:54ZPublication bias and the tourism-led growth hypothesis.1932-620310.1371/journal.pone.0258730https://doaj.org/article/0cafdba35f584768a5fc2f9bb25f19052021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0258730https://doaj.org/toc/1932-6203This study attempts to solve the publication bias suggested by recent review articles in the tourism-growth literature. Publication bias is the tendency to report favourable and significant results. Method and data triangulation, and the Solow-Swan model are applied. A sample from 1995 to 2018 is considered with Tonga as a case study. The approach consists of multiple methods, data frequencies, exchange rates, structural breaks, and an overall tourism index developed using principal component analysis (PCA). Consistent results across these dimensions are obtained with the PCA models. Tourism has small, positive, and statistically significant economic growth effects. Theoretically consistent values of the capital share and exchange rates are obtained. The results indicate the importance of multiple methods and the overall tourism index in assessing the tourism-growth relationship and minimising publication biases. The practical implication is the provision of robust elasticity estimates and better economic policies.Nikeel Nishkar KumarArvind PatelRavinay Amit ChandraNavneet Nimesh KumarPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 10, p e0258730 (2021)
institution DOAJ
collection DOAJ
language EN
topic Medicine
R
Science
Q
spellingShingle Medicine
R
Science
Q
Nikeel Nishkar Kumar
Arvind Patel
Ravinay Amit Chandra
Navneet Nimesh Kumar
Publication bias and the tourism-led growth hypothesis.
description This study attempts to solve the publication bias suggested by recent review articles in the tourism-growth literature. Publication bias is the tendency to report favourable and significant results. Method and data triangulation, and the Solow-Swan model are applied. A sample from 1995 to 2018 is considered with Tonga as a case study. The approach consists of multiple methods, data frequencies, exchange rates, structural breaks, and an overall tourism index developed using principal component analysis (PCA). Consistent results across these dimensions are obtained with the PCA models. Tourism has small, positive, and statistically significant economic growth effects. Theoretically consistent values of the capital share and exchange rates are obtained. The results indicate the importance of multiple methods and the overall tourism index in assessing the tourism-growth relationship and minimising publication biases. The practical implication is the provision of robust elasticity estimates and better economic policies.
format article
author Nikeel Nishkar Kumar
Arvind Patel
Ravinay Amit Chandra
Navneet Nimesh Kumar
author_facet Nikeel Nishkar Kumar
Arvind Patel
Ravinay Amit Chandra
Navneet Nimesh Kumar
author_sort Nikeel Nishkar Kumar
title Publication bias and the tourism-led growth hypothesis.
title_short Publication bias and the tourism-led growth hypothesis.
title_full Publication bias and the tourism-led growth hypothesis.
title_fullStr Publication bias and the tourism-led growth hypothesis.
title_full_unstemmed Publication bias and the tourism-led growth hypothesis.
title_sort publication bias and the tourism-led growth hypothesis.
publisher Public Library of Science (PLoS)
publishDate 2021
url https://doaj.org/article/0cafdba35f584768a5fc2f9bb25f1905
work_keys_str_mv AT nikeelnishkarkumar publicationbiasandthetourismledgrowthhypothesis
AT arvindpatel publicationbiasandthetourismledgrowthhypothesis
AT ravinayamitchandra publicationbiasandthetourismledgrowthhypothesis
AT navneetnimeshkumar publicationbiasandthetourismledgrowthhypothesis
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