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

Author

Listed:
  • Bianca Biagi

    (University of Sassari, CRENoS (Cerdeña, Italy))

  • Maria Gabriela Ladu

    (University of Sassari, CRENoS (Cerdeña, Italy))

  • Vicente Royuela

    (Department of Econometrics. University of Barcelona)

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.

Suggested Citation

  • Bianca Biagi & Maria Gabriela Ladu & Vicente Royuela, 2015. "“Human development and tourism specialization. Evidence from a panel of developed and developing countries”," AQR Working Papers 201504, University of Barcelona, Regional Quantitative Analysis Group, revised Apr 2016.
    • Handle: RePEc:aqr:wpaper:201504
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    References listed on IDEAS

    as
    1. Bianca Biagi & Claudio Detotto, 2020. "Crime as Tourism Externality," Regional Studies, Taylor & Francis Journals, vol. 48(4), pages 693-709, July.
    2. Easterly, William, 2007. "Inequality does cause underdevelopment: Insights from a new instrument," Journal of Development Economics, Elsevier, vol. 84(2), pages 755-776, November.
    3. Baltagi, Badi H & Griffin, James M, 1984. "Short and Long Run Effects in Pooled Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(3), pages 631-645, October.
    4. Jan Fagerberg, 2000. "Europe at the Crossroads: The Challenge from Innovation-based Growth," Working Papers on Innovation Studies 20000913, Centre for Technology, Innovation and Culture, University of Oslo.
    5. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    6. Bianca Biagi & Alessandra Faggian, 2004. "The effect of Tourism on the House Market: the case of Sardinia," ERSA conference papers ersa04p44, European Regional Science Association.
    7. Michael Binder & Georgios Georgiadis, 2011. "Determinants of Human Development: Capturing the Role of Institutions," CESifo Working Paper Series 3397, CESifo.
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    Cited by:

    1. Ebru a layan-Akay & Muhammed H. Van, 2017. "Determinants of the Levels of Development Based on the Human Development Index:Bayesian Ordered Probit Model," International Journal of Economics and Financial Issues, Econjournals, vol. 7(5), pages 425-431.
    2. Croes, Robertico & Ridderstaat, Jorge & van Niekerk, Mathilda, 2018. "Connecting quality of life, tourism specialization, and economic growth in small island destinations: The case of Malta," Tourism Management, Elsevier, vol. 65(C), pages 212-223.

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    More about this item

    Keywords

    Human Development Index; tourism development; capability approach; externalities JEL classification: 015; 010; D62;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities

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