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We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset … open to trade. In other words, Tourism appears to be an independent determining factor for growth. Another finding of our … covering the period 1980-2003. We find that small tourism countries grow significantly faster than all the other sub …
Persistent link: https://www.econbiz.de/10014053945
Persistent link: https://www.econbiz.de/10001843545
option? To answer this question, we have compared the relative growth performance of 14 tourism countries within a sample of … words, the positive performance of the tourism countries is not significantly accounted for by the traditional growth …Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good …
Persistent link: https://www.econbiz.de/10011592920
option? To answer this question, we have compared the relative growth performance of 14 "tourism countries" within a sample … other words, the positive performance of the tourism countries is not significantly accounted for by the traditional growth …Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good …
Persistent link: https://www.econbiz.de/10014075104
We provide an empirical assessment of the relationship between tourism specialisation and economic growth by updating … spans between 1980 and 2005. Contrary to previous findings (e.g., Brau et al., 2004 and 2007), tourism-based countries did … not grow at a higher rate than non-tourism based countries, except for the 1980-1990 period for which, however, the data …
Persistent link: https://www.econbiz.de/10014199383
The significant impact of international tourism in stimulating economic growth is especially important from a policy … perspective. For this reason, the relationship between international tourism and economic growth would seem to be an interesting … relationship between economic growth and tourism. Instrumental variable estimation of a threshold regression is used to quantify …
Persistent link: https://www.econbiz.de/10013145295
The significant impact of international tourism in stimulating economic growth is especially important from a policy … perspective. For this reason, the relationship between international tourism and economic growth would seem to be an interesting … empirical issue. In particular, if there is a causal link between international tourism demand and economic growth, then …
Persistent link: https://www.econbiz.de/10013070653
Persistent link: https://www.econbiz.de/10010466768
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)‘ Recent empirical … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth … datasets and controls the robustness of previous results on growth and tourism in the presence of several institutional quality …
Persistent link: https://www.econbiz.de/10014197225
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth … datasets and controls the robustness of previous results on growth and tourism in the presence of several institutional quality …
Persistent link: https://www.econbiz.de/10008702298