Arbeitspapier

How Fast are Small Tourist Countries Growing? The 1980-2003 Evidence

We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset covering the period 1980-2003. We find that tourism countries grow significantly faster than all the other sub-groups considered in our analysis. Tourism appears to be an independent determining factor for growth, and the reason for that is neither because they are poorer than the average, nor because they are very open to trade. Another finding of our paper is that small states are fast-growing only when they are highly specialized in tourism. In contrast with some previous conclusions in the literature, smallness per se is not good for growth.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 1.2007

Klassifikation
Wirtschaft
Economic Growth of Open Economies
Comparative Studies of Countries
Thema
Small States
Growth
Tourism
Cross Country Comparisons
Tourismus
Wirtschaftswachstum
Vergleich
Kleinstaat
Welt

Ereignis
Geistige Schöpfung
(wer)
Pigliaru, Francesco
Brau, Rinaldo
Lanza, Alessandro
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2007

Handle
Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Pigliaru, Francesco
  • Brau, Rinaldo
  • Lanza, Alessandro
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2007

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