Economic policy, tourism trade and productive diversification
Over the past two decades, tourism exports have been a major driver of economic growth in many emerging and developing countries. Yet, increased tourism revenues do not automatically translate into structural transformation and broad-based economic development. Drawing on cross-sectional data, this paper gauges the extent to which tourism has contributed to economic diversification in a large sample of developing countries. An econometric model is used to assess the relative importance of a country's natural endowments, level of development, institutional maturity, business environment, and trade regulations in explaining cross-country differences in linkages between tourism and the general economy. The central findings contain encouraging lessons for developing countries: domains that are more amenable to policy interventions in the short term, such as the business environment or trade regulations, matter most in fostering productive linkages between tourism and the general economy. In contrast, fixed factors, such as land availability, or longer-terms goals, such as advances in the level of development, have less influence.
Volume (Year): (2013)
Issue (Month): 135-136 ()
|Contact details of provider:|| Postal: |
Phone: 33 01 53 68 55 00
Fax: 33 01 53 68 55 01
Web page: http://www.cepii.fr
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Chen, Lein Lein & Devereux, John, 1999. "Tourism and Welfare in Sub-Saharan Africa: A Theoretical Analysis," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 8(2), pages 209-27, July.
- Francesco Pigliaru & Adriana Di Liberto & Rinaldo Brau, 2011.
"Tourism and Development: A recent phenomenon built on old (institutional) roots?,"
ERSA conference papers
ersa10p990, European Regional Science Association.
- Rinaldo Brau & Adriana Di Liberto & Francesco Pigliaru, 2011. "Tourism and Development: A Recent Phenomenon Built on Old (Institutional) Roots?," The World Economy, Wiley Blackwell, vol. 34(3), pages 444-472, 03.
- Francesco Pigliaru & Rinaldo Brau & Adriana Di Liberto, 2010. "Tourism and Development: A Recent Phenomenon Built on Old (Institutional) Roots?," Working Papers 2010.16, Fondazione Eni Enrico Mattei.
- Adamos Adamou & Sofronis Clerides, 2010.
"Prospects and Limits of Tourism-Led Growth: The International Evidence,"
Review of Economic Analysis,
Rimini Centre for Economic Analysis, vol. 2(3), pages 287-303, September.
- Adamos Adamou & Sofronis Clerides, 2009. "Prospects and Limits of Tourism-Led Growth: The International Evidence," Working Paper Series 41_09, The Rimini Centre for Economic Analysis, revised Jan 2009.
- Glenn Jenkins & HEDI LAHOUEL, 1981. "Inflation And Taxation," Development Discussion Papers 1981-08, JDI Executive Programs.
- Richard Newfarmer & William Shaw & Peter Walkenhorst, 2009. "Breaking Into New Markets," World Bank Publications, The World Bank, number 2616.
When requesting a correction, please mention this item's handle: RePEc:cii:cepiei:2013-q3-4-135-136-1. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.