This paper examines the effects of tourism in a dynamic model of trade on unemployment, capital accumulation and … resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The …, the expansion of tourism improves welfare. However, when the traded sector is strongly capital intensive, the fall in …

In this paper, we analyze, by means of the difference version of Okun's law, the relationship between tourism sector … growth and unemployment in Mexico during the period 2000Q2-2018Q4. The results show that tourism growth is a palliative for … unemployment, whereas unemployment reduces the growth of the tourism sector. The results also show that the relationship between …