Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74250 
Year of Publication: 
2007
Series/Report no.: 
Nota di Lavoro No. 1.2007
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset covering the period 1980-2003. We find that tourism countries grow significantly faster than all the other sub-groups considered in our analysis. Tourism appears to be an independent determining factor for growth, and the reason for that is neither because they are poorer than the average, nor because they are very open to trade. Another finding of our paper is that small states are fast-growing only when they are highly specialized in tourism. In contrast with some previous conclusions in the literature, smallness per se is not good for growth.
Subjects: 
Small States
Growth
Tourism
Cross Country Comparisons
JEL: 
F43
O57
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.