This paper describes the dynamics of the economic performance of the sub-national Mexican states from 1970 to 2006; the used state variables are the levels and the growth rates of the GDP per capita. The authors situate his approach in a conceptual and methodological panorama of the existent...

In this paper we analyze the rationality that sustains the public investments on white elephants applied to the construction of tourist facilities in Mexico. The main result of this paper is that there exist two kinds of rationalities in the construction of white elephants. One is a similar...

The aim of this paper is to show that the incentive of hotel chains to invest in environmental quality depends on the demand in days of rest on the part of tourists and on the level of aggregate income. The framework is based on the theoretical model of horizontal differentiation a la Hotelling...

This paper studies the impact of a correct valuation of the opportunity costs in individual decisions and social welfare applied to a tourism problem. Starting from the partial equilibrium model in Skak (2004), we show that the valuation of social welfare depends on the definition of individual...

One of the key elements in any standard economic growth theory is that population growth exponentially at a constant rate n gt; 0. This simple model can provide an adequate approximation to such growth only for the initial period because, growing exponentially, population approaches infinity...