Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74224
Authors: 
Sequeira, Tiago Neves
Campos, Carla
Year of Publication: 
2005
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 141.2005
Abstract: 
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.
Subjects: 
Tourism
Economic growth
Panel data
JEL: 
L83
O40
O50
Document Type: 
Working Paper

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