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In this paper we investigate the contribution of tourism to economic growth in Colombia. We first use the growth of real GDP per capita disaggregating it into economic growth generated by tourism and by other industries. This measure gives information of past performance of tourism in Colombia...
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In a recent work, Ivanov and Webster (2007) present a methodology for measuring the contribution of tourism to economic growth and apply this methodology to the cases of Cyprus, Greece and Spain. The method uses the growth of real GDP per capita as a measure of economic growth and disaggregates...
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Nowadays many developing countries focus on economic policies for promoting international tourism and exports expansion as a potential source of economic growth of the country. However, the understanding of the relationship between exports and economic growth is still ongoing. When treating the...
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