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We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset …-groups considered in our analysis. Tourism appears to be an independent determining factor for growth, and the reason for that is … conclusions in the literature, smallness per se is not good for growth. …
Persistent link: https://www.econbiz.de/10005392521
growth and the quantity of various pollutants produced has recently increased significantly. In several cases researchers …
Persistent link: https://www.econbiz.de/10005423095
Since its first inception in the debate on the relationship between environment and growth in 1992, the Environmental …
Persistent link: https://www.econbiz.de/10005230865
This paper extends the ’expanding-varieties’ growth model in a two-countries-two-goods setup, and describes the … dynamics of growth rates and terms of trade when the industry-based economy is the innovation leader, while the tourism … standard result, technological catching-up by the follower is associated with lower growth rates with respect to the leader …
Persistent link: https://www.econbiz.de/10005385423
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical … be associated with higher per capita GDP growth rates than those observed in industrialized countries. However, this … 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/10008489588
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10008674328
This paper examines the role that trade plays in economic development through the channel of technology transfer, approximated by total factor productivity. Three strains of factors influence the process of technology transfer; direct effort that is taken to transfer technologies, the capacity...
Persistent link: https://www.econbiz.de/10005570290
We develop a dynamic discrete choice model of a self-interested and unchecked ruler making decisions regarding the exploitation of a resource-rich country. This dictator makes the recursive choice between either investing domestically to live off the productivity of the country while facing the...
Persistent link: https://www.econbiz.de/10010833900
This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...
Persistent link: https://www.econbiz.de/10008465532
We test under what circumstances boards discipline managers and whether such interventions improve performance. We exploit exogenous variation due to the staggered adoption of corporate governance laws in formerly Communist countries coupled with detailed ‘hard’ information about the...
Persistent link: https://www.econbiz.de/10008540409