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Empirical Evidence on Convergence of Travel and Tourism Competitiveness and Global Competitiveness Across the BRIC Countries

Empirical Evidence on Convergence of Travel and Tourism Competitiveness and Global Competitiveness Across the BRIC Countries

Anastasia A. Katou, Eleni F. Katsouli
Copyright: © 2017 |Pages: 14
ISBN13: 9781522507086|ISBN10: 1522507086|EISBN13: 9781522507093
DOI: 10.4018/978-1-5225-0708-6.ch001
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MLA

Katou, Anastasia A., and Eleni F. Katsouli. "Empirical Evidence on Convergence of Travel and Tourism Competitiveness and Global Competitiveness Across the BRIC Countries." Opportunities and Challenges for Tourism and Hospitality in the BRIC Nations, edited by Mohinder Chand Dhiman, IGI Global, 2017, pp. 1-14. https://doi.org/10.4018/978-1-5225-0708-6.ch001

APA

Katou, A. A. & Katsouli, E. F. (2017). Empirical Evidence on Convergence of Travel and Tourism Competitiveness and Global Competitiveness Across the BRIC Countries. In M. Dhiman (Ed.), Opportunities and Challenges for Tourism and Hospitality in the BRIC Nations (pp. 1-14). IGI Global. https://doi.org/10.4018/978-1-5225-0708-6.ch001

Chicago

Katou, Anastasia A., and Eleni F. Katsouli. "Empirical Evidence on Convergence of Travel and Tourism Competitiveness and Global Competitiveness Across the BRIC Countries." In Opportunities and Challenges for Tourism and Hospitality in the BRIC Nations, edited by Mohinder Chand Dhiman, 1-14. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-0708-6.ch001

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Abstract

The purpose of this paper is to empirically examine whether global competitiveness and travel and tourism competitiveness converge across the BRIC countries, and whether travel and tourism competitiveness influences global competitiveness. Utilizing the theoretical frameworks of ß-convergence, s-convergence, and time-series-convergence, our findings confirmed the presence of convergence of the aforementioned variables across the BRIC countries. Additionally, utilizing the growth tracing theoretical framework, our findings confirmed that travel and tourism competitiveness positively influences global competitiveness across the BRIC countries.

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