Tourism Specialization and Economic Development : Evidence from the UNESCO World Heritage List

Evidence from the UNESCO World Heritage List

Tourism Specialization and Economic Development : Evidence from the UNESCO World Heritage List
The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based... READ MORE...

Publication date: August 2009
ISBN 9781451873238
$18.00

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