Tourism and economic output: Do asymmetries matter?

•Revisits the tourism and economic growth nexus•Employs a nonlinear method that considers asymmetric effects•The impact of contraction in tourism on economic output is greater than expansion.•Asymmetries matter in the tourism and economic output nexus.

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Bibliographic Details
Published in:Annals of tourism research 2023-05, Vol.100, p.103570, Article 103570
Main Authors: Okumus, Fevzi, Kocak, Emrah
Format: Article
Language:English
Subjects:
Asymmetries
De-tourism
Non-linearity
Pandemic
Tourism-growth nexus
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Summary:•Revisits the tourism and economic growth nexus•Employs a nonlinear method that considers asymmetric effects•The impact of contraction in tourism on economic output is greater than expansion.•Asymmetries matter in the tourism and economic output nexus.
ISSN:0160-7383
1873-7722
DOI:10.1016/j.annals.2023.103570