Showing 1 - 6 of 6
We investigate the role of networks of alliances in preventing (multilateral) interstate wars. We first show that, in the absence of international trade, no network of alliances is peaceful and stable. We then show that international trade induces peaceful and stable networks: trade increases...
Persistent link: https://www.econbiz.de/10014145358
On average, tourism-specialized countries grow more than others. This fact is inconsistent with economic theory as, in … problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth …
Persistent link: https://www.econbiz.de/10012735015
We use an updated and extended version of the Hamburg Tourism Model to simulate the effect of development and climate … change on tourism. Model extensions are the explicit modelling of domestic tourism and the inclusion of tourist expenditures …. We also use the model to examine the impact of sea level rise on tourism demand. Climate change would shift patterns of …
Persistent link: https://www.econbiz.de/10012713257
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 … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth …
Persistent link: https://www.econbiz.de/10014197225
We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset … covering the period 1980-2003. We find that small tourism countries grow significantly faster than all the other sub … open to trade. In other words, Tourism appears to be an independent determining factor for growth. Another finding of our …
Persistent link: https://www.econbiz.de/10014053945
on the economic assessment of two specific climate change impacts: sea-level rise and changes in tourism flows. By using … impact category to the final result. In the case under scrutiny demand shocks induced by changes in tourism flows outweigh …
Persistent link: https://www.econbiz.de/10014054639