Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/173889
Authors: 
Aboal, Diego
Crespi, Gustavo
Perera, Marcelo
Year of Publication: 
2017
Series/Report no.: 
IDB Working Paper Series IDB-WP-836
Abstract: 
This paper analyzes the impact of a cluster tourism policy in the region of Colonia, Uruguay. The policy was implemented as part of an IDB-supported program. The study conducted a comparative analysis of Colonia vs. other tourism regions of the country applying a synthetic control method. This method of identifying the counterfactual is especially useful in comparative case studies where there are a limited number of control units. This is the first time that the synthetic control method has been applied to a cluster policy. The estimations show a positive impact of the cluster program on the inflow of international tourists to Colonia of 30 percent in the period 2008-2015; however, no significant impact on total expenditure was found.
Subjects: 
cluster policy
impact evaluation
synthetic control methods
JEL: 
H43
O25
O54
R10
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc-nd/3.0/igo/legalcode
Document Type: 
Working Paper

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