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This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and economic growth dynamics, and (ii) the relevance of value added from three economic sectors in modulating the established effect of FDI on TFP and economic growth dynamics. The...
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-products of globalization: dollarization and tourism. Empirical studies have ignored the possible relationship between … dollarization and tourism. However, we hypothesize that a booming tourism industry will fuel increase in the usage and circulation … of foreign currencies. The objective of this study is to examine the extent to which the tourism industry exacerbates the …
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