| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Tourism and Development: A Recent Phenomenon Built on Old (Institutional) Roots? | |
| Rinaldo Brau; Adriana Di Liberto; Francesco Pigliaru | |
| 发表日期 | 2010 |
| 出处 | Economy and Society |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | 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 be associated with higher per capita GDP growth rates than those observed in industrialized countries. However, this evidence ignores the importance of institutional quality and results are likely to be biased by omitted variable problems. In this paper we frame our starting question within the general debate about the importance of good/bad institutions as fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth are in fact driven by the presence of growth enhancing institutions. Our empirical analysis exploits newly available datasets and controls the robustness of previous results on growth and tourism in the presence of several institutional quality variables. By means of descriptive statistics and some simple cross-country regressions we confirm that the quality of institutions is important for growth. Yet our results strongly suggest that the weight of tourism in an economy is an independent and robust predictor of higher-than-average growth. |
| 特色分类 | O11;O50;O47;F43;L83 |
| 关键词 | Economic Development Tourism Specialization Institutions |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/tourism-and-development-a-recent-phenomenon-built-on-old-institutional-roots/ |
| 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/117787 |
| 推荐引用方式 GB/T 7714 | Rinaldo Brau,Adriana Di Liberto,Francesco Pigliaru. Tourism and Development: A Recent Phenomenon Built on Old (Institutional) Roots?. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| 20102161817151Nota_d（71KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
| 20102161817494NDL201（410KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
| 文件名： | 20102161817151Nota_di_Lavoro.jpg |
| 格式： | JPEG |
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