| Abstract: |
There are few studies focusing on the effect of tourism on poverty in the
emerging tourism markets, however, there is no empirical evidence in Vietnam.
Our paper is the first one that aims to investigate the impact of tourism on
poverty with a new database collected from 61 provinces in Vietnam over the
period 2010–2018. The empirical result strongly shows that tourism has a
negative and significant impact on poverty in all estimated models. It means
that a higher in tourism revenue can lead to a lower poverty rate in the
provinces. Besides, labour force and education are found to have a negative
and significant effect on poverty. Although foreign direct investment has a
negative impact on poverty, however, the coefficients are not significant.
Finally, we have some conclusions and implications for policymakers to
sustainably reduce the poverty rate of households in the future. |