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An analysis of tourism contribution to economic growth in SADC Countries
Botswana Journal of Economics
View Archive Info| Field | Value | |
| Title |
An analysis of tourism contribution to economic growth in SADC Countries
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| Creator |
Makochekanwa, Albert
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| Subject |
—
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| Description |
The study how the tourism sector can be an engine of economic growth in SADC member countries. The paper found the contribution of tourism to GDP, employment, export receipts and investment is significant. Although this sector’s contribution to the economy varies among SADC countries, the the study found that Seychelles and Mauritius rely heavily on tourism vis-à-vis its contribution to GDP, employment, export earnings and investment. . In both Seychelles and Mauritius, tourism sector contributes about 50% and 30% to GDP; 60% and 28% to total employment; approximately 35% and 34% to export receipts; and 38% and 10% as percentage of GDP; respectively. Empirical evidence confirmed the importance of tourism to economic activities in SADC region, with a 1% increase in tourism receipt causing a 0.16% rise in GDP per capita. Similarly, a 1% rise in tourism related investment resulted in a 0.29% increase in GDP per capita.Keywords: Tourism, export receipts, SADC Member Countries, Economic growthBOJE: Botswana Journal of Economics, 11(15), 42-56
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| Publisher |
The Botswana Economics Association
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| Contributor |
—
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| Date |
2013-09-13
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://www.ajol.info/index.php/boje/article/view/94197
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| Source |
Botswana Journal of Economics; Vol 11, No 15 (2013)
1810-0163 1810-0163 |
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| Language |
eng
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| Relation |
https://www.ajol.info/index.php/boje/article/view/94197/83596
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| Rights |
Copyright for content published in the journal is held by The Botswana Economics Association
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