Tourism Trade Balance and Globalization

This study investigated the relationship between tourism trade balance and globalization. We developed a novel encompassing approach to measuring balance, including several inflows outflows. The responsiveness of is examined not only for globalization processes depicted by indicators like de facto economic, social, political but also policies, i.e., jure A comparative analysis across countries - belonging different income groups, quartiles trade, globalization, economic growth revealed considerable heterogeneities among other grouping tourism-globalization relationship. suggested that it utmost importance recognize with high level well-developed industry are in better position materialize benefits