Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/173891 
Year of Publication: 
2017
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-836
Publisher: 
Inter-American Development Bank (IDB), Washington, DC
Abstract (Translated): 
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.
JEL: 
D73
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Working Paper

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