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Tourism's role in the upstate New York economy

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  • Richard Deitz

Abstract

We begin with a broad discussion of how tourism has emerged as a force in the U.S. and regional economies. We follow with an examination of the industry's size and growth in upstate New York. We also show that the state's rural economy is generally more dependent on tourism than are its metro areas. Finally, despite its size, upstate New York's tourism industry is growing faster than the overall economies of Dutchess Country, Glens Falls, Jamestown, and Binghamton - thus making the industry an increasingly important contributor to growth.

Suggested Citation

  • Richard Deitz, 2004. "Tourism's role in the upstate New York economy," The Regional Economy of Upstate New York, Federal Reserve Bank of New York, issue Spr.
  • Handle: RePEc:fip:fednre:y:2004:i:spr
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    File URL: https://www.newyorkfed.org/medialibrary/media/research/regional_economy/Spring04.pdf
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    References listed on IDEAS

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    1. Carolyn Sherwood-Call, 1990. "Assessing regional economic stability: a portfolio approach," Economic Review, Federal Reserve Bank of San Francisco, issue Win, pages 17-26.
    2. Glaeser, Edward L & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1992. "Growth in Cities," Journal of Political Economy, University of Chicago Press, vol. 100(6), pages 1126-1152, December.
      • Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1991. "Growth in Cities," NBER Working Papers 3787, National Bureau of Economic Research, Inc.
      • Glaeser, Edward Ludwig & Kallal, Hedi D. & Scheinkman, Jose A. & Shleifer, Andrei, 1992. "Growth in Cities," Scholarly Articles 3451309, Harvard University Department of Economics.
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