The role of tourism in escaping “the middle-income trap”

Mitiushkina, Khrystyna; Atamanchuk, Zarina; Makohin, Zoryana

dc.contributor.author	Mitiushkina, Khrystyna
dc.contributor.author	Atamanchuk, Zarina
dc.contributor.author	Makohin, Zoryana
dc.date.accessioned	2021-06-30T06:59:04Z
dc.date.available	2021-06-30T06:59:04Z
dc.date.issued	2020
dc.identifier.issn	2345-0355
dc.identifier.uri	https://r.donnu.edu.ua/handle/123456789/1657
dc.description.abstract	During the last 50 years, many countries have struggled the middle income trap. The purpose of article is the analysis of tourism as factor in the state’s recovery from “the middle-income trap”. The economic development of Thailand, Turkey and Mexico, which are stuck in the trap and where the tourism sector occupies significant positions in GDP growth, is analyzed. Using the least-squares method (2SLS), іt has been empirically confirmed that tourism development in Turkey can drive the economy out of “the trap”, while in Thailand and Mexico, the manufacturing sector plays a significant role in economic growth, despite significant tourism revenues.	en_US
dc.language.iso	en	en_US
dc.subject	GDP	en_US
dc.subject	Investment	en_US
dc.subject	Output	en_US
dc.subject	Tourism	en_US
dc.subject	“trap”	en_US
dc.title	The role of tourism in escaping “the middle-income trap”	en_US
dc.type	Book	en_US