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 …

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 …

its inter-temporal comparison across countries. The distinctive features of the indicator relate to the domains covered …