We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset … covering the period 1980-2003. We find that tourism countries grow significantly faster than all the other sub …-groups considered in our analysis. Tourism appears to be an independent determining factor for growth, and the reason for that is …

Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good … option? To answer this question, we have compared the relative growth performance of 14 tourism countries within a sample of … that the tourism countries grow significantly faster than all the other sub-groups considered in our analysis (OECD, Oil …