THE CHAOTIC GROWTH MODEL: INTERNATIONAL TOURISM
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Set Up
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The basic aims of this paper are: firstly, to create a relatively simple chaotic international tourism expenditure growth model that is capable of generating stable equilibria, cycles, or chaos; and secondly, to set up a relatively simple chaotic international tourism receipts growth model. This paper confirms stable growth of the international tourism receipts and expenditures in high-income countries, low & middle-income countries, lower-middle-income countries, middle-income countries, and upper-middle-income countries in the period 1995-2018.
2017 ◽
Vol 4
(2)
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pp. 166-173
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2016 ◽
Vol 8
(11)
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pp. 278
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2018 ◽
Vol 66
(3)
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pp. 255-262
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2021 ◽