How fast are small tourist countries growing? The 1980-2003 evidence

Rinaldo Brau (), A. Lanza () and Francesco Pigliaru

Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia

Abstract: We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset covering the period 1980-2003. We find that tourism countries grow significantly faster than all the other sub-groups considered in our analysis. Tourism appears to be an independent determining factor for growth, and the reason for that is neither because they are poorer than the average, nor because they are very open to trade. Another finding of our paper is that small states are fast growing only when 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; tourism; cross country comparisons (search for similar items in EconPapers)
JEL-codes: F43 O57 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-evo, nep-hpe, nep-soc and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Related works:
Working Paper: How Fast are Small Tourist Countries Growing? The 1980-2003 Evidence (2007)
Working Paper: How Fast are Small Tourist Countries Growing? The 1980-2003 Evidence (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:200614

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