Arbeitspapier
Export diversification through public investment in cultural tourism: Insights from a multi-regional model of Bolivia
The growth of cultural tourism globally has presented an important opportunity for public investment in tourism to drive economic development in developing countries. With Bolivia's regional disparities in income and opportunity, it is critical to understand the regionally differentiated welfare impacts of public investment. We develop a first multi-regional economy-wide model for Bolivia and apply it to the economic analysis of a US$26 million investment in tourism to diversify export earnings and reduce poverty. While the framework is more data intense than national level economy-wide models, a multi-regional approach is powerful for shedding light on regional trade-offs, benefits and costs, and enables analysis of smaller investment and demand shocks than that typically possible in a national level framework
- Language
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Englisch
- Bibliographic citation
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Series: IDB Working Paper Series ; No. IDB-WP-1027
Computable and Other Applied General Equilibrium Models
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
cost-benefit analysis
public investment in tourism development
Cicowiez, Martín
Moreda, Adela
- DOI
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doi:10.18235/0001983
- Handle
- Last update
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20.09.2024, 8:23 AM CEST
Object type
- Arbeitspapier
Associated
- Banerjee, Onil
- Cicowiez, Martín
- Moreda, Adela
- Inter-American Development Bank (IDB)
Time of origin
- 2019