Pigliaru, Francesco; Brau, Rinaldo; Liberto, Adriana Di - Fondazione ENI Enrico Mattei (FEEM) - 2010
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...