Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/208188
Authors: 
Banerjee, Onil
Cicowiez, Martín
Moreda, Adela
Year of Publication: 
2019
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-1027
Abstract: 
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
Subjects: 
ex-ante economic impact evaluation
cost-benefit analysis
public investment in tourism development
JEL: 
D58
Q56
Z3
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/3.0/igo/legalcode
Document Type: 
Working Paper

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