real exchange rates in panel frameworks. One weakness of such tests, however, is that they fail to inform the researcher as … a small number of real exchange rates in a given panel may drive the results. In this paper we examine the PPP … when applied to a set of established panel-unit-root tests, allows the identification of the real exchange rates that are …

tourism industry as part of their regional development policies. The main objective of these programs is to increase local … investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect … introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that …

In a two sectors dynamic model we analyze the process of tourism development based on the accumulation of capital … (building of tourism facilities) and the reallocation of land from traditional activities to the tourism sector. The model … incorporates the conflict between occupation of the territory by the tourism facilities, other productive activities and …

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 …

regional economy-wide and poverty impacts of a US$36 million investment in tourism in the south of Haiti. The first social … key gaps identified in the tourism impact assessment literature. First, a destination-specific tourism demand and value … representative household configuration to enable more robust analysis of tourism investment impacts on poverty and income inequality …