Human development and tourism specialization. Evidence from a panel of developed and developing countries

Bianca Biagi (), Maria Gabriela Ladu () and Vicente Royuela ()
Additional contact information
Maria Gabriela Ladu: University of Sassari, CRENoS (Cerdeña, Italy)
Vicente Royuela: Department of Econometrics. University of Barcelona

No 201504, AQR Working Papers from University of Barcelona, Regional Quantitative Analysis Group

Abstract: The analysis of the relationship between tourism and human development points to a positive link between these activities, basically by means of the improvement of economic conditions. In the present study we analyze whether and to what extent this relationship remains positive under different circumstances. We examine a selection of 63 countries from 1996 to 2008 and consider the Human Development Index plus a composite indicator of the tourism market as a whole. Findings confirm that, on average, tourism is positively associated with human development, particularly education (i.e., literacy rate), although the association may be affected by circumstances.

Keywords: Human Development Index; tourism development; capability approach; externalities JEL classification: 015; 010; D62 (search for similar items in EconPapers)
Pages: 4 pages
Date: 2015-01, Revised 2016-04
New Economics Papers: this item is included in nep-hrm and nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Human development and tourism specialization. Evidence from a panel of developed and developing countries (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:aqr:wpaper:201504

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