| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| How Fast are the Tourism Countries Growing? The cross-country evidence | |
| Francesco Pigliaru; Alessandro Lanza; Rinaldo Brau | |
| 发表日期 | 2003 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 "tourism countries" within a sample of 143 countries, observed during the period 1980-95. Using standard OLS cross-country growth regressions, we have documented that the tourism countries grow significantly faster than all the other sub-groups considered in our analysis (OECD, Oil, LDC, Small). Moreover, we have shown that the reason why they are growing faster is neither that they are poorer than the average; nor that they have particularly high saving/investment propensities; nor that they are very open to trade. In other words, the positive performance of the tourism countries is not significantly accounted for by the traditional growth factors of the Mankiw, Romer and Weil type of models. Tourism specialization appears to be an independent determinant. A corollary of our findings is that the role played by the tourism sector should not be ignored by the debate about whether smallness is harmful for growth (e.g. Easterly and Kraay (2000), who conclude that there is no growth disadvantage in smallness). Half of the thirty countries classified as microstates in this literature are heavily dependent on tourism. Once this distinction is adopted, it is easy to see that the small tourism countries perform much better than the remaining small countries. In our findings, smallness per se can be bad for growth, while the opposite is true when smallness goes together with a specialization in tourism. |
| 特色分类 | O11,O41,O57,Q01 |
| 关键词 | Economic growth,Convergence,Tourism specialization,Sustainable management |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/how-fast-are-the-tourism-countries-growing-the-cross-country-evidence/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116913 |
| 推荐引用方式 GB/T 7714 | Francesco Pigliaru,Alessandro Lanza,Rinaldo Brau. How Fast are the Tourism Countries Growing? The cross-country evidence. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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