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
Englisch

Bibliographic citation
Series: IDB Working Paper Series ; No. IDB-WP-1027

Classification
Wirtschaft
Computable and Other Applied General Equilibrium Models
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Subject
ex-ante economic impact evaluation
cost-benefit analysis
public investment in tourism development

Event
Geistige Schöpfung
(who)
Banerjee, Onil
Cicowiez, Martín
Moreda, Adela
Event
Veröffentlichung
(who)
Inter-American Development Bank (IDB)
(where)
Washington, DC
(when)
2019

DOI
doi:10.18235/0001983
Handle
Last update
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

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