The purpose of this study is to introduce tourism, externalities, and public goods to a small-open growth with … neoclassical growth theory with externalities, and ideas from tourism economics. The economy consists of three - service …

adversely affected by geographical discontinuity and they should focus on specific activities. Tourism is such an activity for … which geographical discontinuity is not a barrier, but on the contrary it may be an advantage. Hence, tourism may act as a … driving force for the development of isolated regions. On the basis of the above, a region may become a competitive tourism …