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Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical … evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth …
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We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...
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Being part of the South-East Region of the country, Tulcea County as well as Vrancea County are important tourism areas … the Danube Delta Biosphere Reservation, ranked on the third place by ecological importance in the world, is a tourism … increasing the capitalizing degree of existing tourism potential. It consists of 1 Municipality, 4 cities, 64 parishes and 331 …
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This paper tests the visa-led tourism hypothesis (VTH) which contends that easing of visa restrictions increases … international tourism. Israel acts as a natural laboratory in this case with clear before and after junctures in visa restrictions …. We use panel data on tourism to Israel from 60 countries during 1994-2012. In contrast to previous work we take account …
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