Tourism and Growth in a Cross-Section of Countries

Tourism Economics, 2010

20 Pages Posted: 6 Jan 2010

See all articles by Paolo Figini

Paolo Figini

University of Bologna - Department of Economics; University of Bologna - CAST - Centre for Advanced Studies in Tourism

Laura Vici

University of Bologna - Department of Economics

Date Written: March 27, 2009

Abstract

We provide an empirical assessment of the relationship between tourism specialisation and economic growth by updating the findings of previous papers written on this issue. We use data for more than 150 countries covering different time spans between 1980 and 2005. Contrary to previous findings (e.g., Brau et al., 2004 and 2007), tourism-based countries did not grow at a higher rate than non-tourism based countries, except for the 1980-1990 period for which, however, the data on international tourism are not fully reliable.

Keywords: tourism specialisation, economic growth, developing countries

JEL Classification: O4, O57, L83

Suggested Citation

Figini, Paolo and Vici, Laura, Tourism and Growth in a Cross-Section of Countries (March 27, 2009). Tourism Economics, 2010. Available at SSRN: https://ssrn.com/abstract=1531584

Paolo Figini (Contact Author)

University of Bologna - Department of Economics ( email )

Piazza Scaravilli 2
Bologna, 40126
Italy

HOME PAGE: http://www2.dse.unibo.it/dsa/profile.php?id=33

University of Bologna - CAST - Centre for Advanced Studies in Tourism ( email )

Via Angherà 22
Rimini, RN 47922
Italy

Laura Vici

University of Bologna - Department of Economics ( email )

Strada Maggiore 45
Bologna, 40125
Italy
+390512092603 (Phone)

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