Tourism economics research: A review and assessment

Haiyan Song, Larry Dwyer, Gang Li, Zheng Cao

Research output: Contribution to journalReview articlepeer-review


This paper aims to provide the most up-to-date survey of tourism economics research and to summarise the key trends in its recent development. Particular attention is paid to the research progress made over the last decade in respect of approaches, methodological innovations, emerging topics, research gaps, and directions for future research. Remarkable but unbalanced developments have been observed across different sub-research areas in tourism economics. While neoclassical economics has contributed the most to the development of tourism economics, alternative schools of thought in economics have also emerged in advancing our understanding of tourism from different perspectives. As tourism studies are multi- and inter-disciplinary, integrating economics with other social science disciplines will further contribute to knowledge creation in tourism studies.
Original languageEnglish
Pages (from-to)1653-1682
JournalAnnals of Tourism Research
Issue number3
Publication statusPublished - 1 Jul 2012

Bibliographical note

© 2012, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International


  • Tourism economics
  • Research integration
  • Demand
  • Supply
  • Impact
  • Econometric model


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