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evolution and impact of mass tourism on its western islands (Corsica, Sardinia, Sicily, Malta and the Balearic Islands …) throughout the final decade of the 20th century. Firstly a general overview of world tourism is given, followed by an analysis of … tourism in the Mediterranean. In continuation, an in-depth study is made of the evolution and impact of tourism on the …
Persistent link: https://www.econbiz.de/10012732974
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
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
dynamics of growth rates and terms of trade when the industry-based economy is the innovation leader, while the tourism …, whereas terms-of-trade effects guarantee positive growth differentials for the tourism-based economy when the technological … economic performance observed in tourism-dependent economies …
Persistent link: https://www.econbiz.de/10014061185