is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant …

The present paper investigates whether tourism specialization is a viable strategy for development. We estimate … standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques … for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based on the …

Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global … countries where the carbon footprint of tourism constitute substantial share of carbon dioxide (CO2) emissions. This study … empirically investigates the impact of tourism on CO2 emissions in a relatively homogenous panel of 15 Caribbean countries over …

This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the … demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly … servicing a destination, are also found to be significant determinants of tourism demand. …

growth in Morocco and Tunisia. For Tunisia, exports and, to a much lesser extent, tourism appear to be the major transmission … channels. In Morocco, exports, remittances and tourism play relatively equal roles. An analysis with sectoral data supports …

The present paper investigates whether tourism specialization is a viable strategy for development. We estimate … standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques … for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based on the …

is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and …