Economics at your fingertips  

Connecting quality of life, tourism specialization, and economic growth in small island destinations: The case of Malta

Robertico Croes, Jorge Ridderstaat and Mathilda van Niekerk

Tourism Management, 2018, vol. 65, issue C, 212-223

Abstract: This study assesses the relationship between quality of life (QOL), tourism specialization, and economic growth as applied to small island destinations. The study is grounded on a QOL model and translog production function and employs the limited information maximum likelihood estimator to investigate the nature of this relationship in Malta. Results indicate that the relationship between tourism specialization and both QOL and economic growth is only partial. Tourism specialization improves the residents QOL but, only on the short term. The study enhances the existing empirical evidence of the literature that examines the relationship between tourism specialization and residents' QOL in the medium- and long-term in that it controls for endogeneity. The translog production function methodology is novel as it allows for examining tourism returns and the factors that shape tourism preferences. This permits supply and demand variables to be combined into a production and consumption system.

Keywords: Tourism specialization; Quality of life (QOL); Small island destinations; Malta; Translog production function; Economic growth (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.tourman.2017.10.010

Access Statistics for this article

Tourism Management is currently edited by Chris Ryan

More articles in Tourism Management from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-08-06
Handle: RePEc:eee:touman:v:65:y:2018:i:c:p:212-223