In this paper we study the effects of real wage on labour productivity for the Mexican Tourism sector. Using yearly data from 1970 to 2004, we find a cointegration relationship showing that average labour productivity depends positively on the real wage. We also show that real wage is weak...

The cruise industry has become a significant component of the Colombian tourism economy, and Cartagena de Indias has become the largest cruise port in the country. The present paper aims to provide a better understanding of the cruise industry by considering the expenditure of cruise ship...

In standard economic growth theory it is assumed that labor force follows exponential growth, a not realistic assumption. As described in [4] the growth of natural populations is more accurately depicted by a logistic growth law. In this paper we analyze how the Ramsey growth model is affected...

The aim of this paper is to apply the methods of Symbolic Time Series Analysis (STSA) to series of inflation from a group of Latin-American economies. Starting with a partition of two inflation regimes, we use data symbolization for identifying temporal patterns. Afterwards the statistical...

In standard economic growth theory it is assumed that labour force follows exponential growth, a not realistic assumption. As described in, for example, Maynard Smith, Ref. 1, the growth of natural populations is more accurately depicted by a logistic growth law. This paper analyzes how...

In this study we analyze perception of authenticity by visitors of South Tyrol’s museum of archeology, best known as Ötzi museum, in the Autonomous Province of Bolzano (Italy). With the help of factor analysis we individuate two factors related to authenticity and study the determinants of...

This paper introduces a methodology to describe and compare the economic relative performance of the hospitality sector of the Italian regions during the period 2000-2004. Dynamics of the hospitality sector of each region is represented by the evolution of its economic efficiency. The...

This study analyses cruise visitors’ perceptions in a port-of-call. The empirical data were collected via a survey in Cartagena de Indias (Colombia) during 2009. A high quality and an original database was obtained for such a niche of economy activity. The novelty of this paper consists of a...