Arbeitspapier

International Tourism and Economic Growth: a Panel Data Approach

On average, tourism-specialized countries grow more than others. This fact is inconsistent with economic theory as, in particular, endogenous growth theory suggests that economic growth is linked with: (1) sectors with high intensity in R&D and thus high productivity; (2) large scale. In this paper, we use panel data methods to go further in treating the endogeneity problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth rates of these countries.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 141.2005

Klassifikation
Wirtschaft
Sports; Gambling; Restaurants; Recreation; Tourism
Economic Growth and Aggregate Productivity: General
Economywide Country Studies: General
Thema
Tourism
Economic growth
Panel data

Ereignis
Geistige Schöpfung
(wer)
Sequeira, Tiago Neves
Campos, Carla
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2005

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sequeira, Tiago Neves
  • Campos, Carla
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2005

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