How Fast are Small Tourism Countries Growing? Evidence from the Data for 1980–2003

Rinaldo Brau (), Alessandro Lanza and Francesco Pigliaru
Additional contact information
Alessandro Lanza: Fondazione Eni Enrico Mattei and CRENoS, Corso Magenta 63, 20122 Milan, Italy

Tourism Economics, 2007, vol. 13, issue 4, 603-613

Abstract: This paper analyses the empirical relationship between growth, country size and tourism specialization by using a data set covering the period 1980–2003. It finds that tourism countries are small and grow significantly faster than all the other subgroups considered in the analysis. Tourism appears to be an independent determining factor for growth: controlling for initial per capita income and for trade openness does not weaken the positive correlation between tourism specialization and growth. Another finding of the 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.

Keywords: small states; growth; cross-country comparisons (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (77)

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/000000007782696104 (text/html)

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: https://EconPapers.repec.org/RePEc:sae:toueco:v:13:y:2007:i:4:p:603-613

DOI: 10.5367/000000007782696104

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().