How fast are small tourism countries growing? Evidence from the data for 1980-2003

Tourism Economics

Volumn 13, Issue 4, 2007, Pages 603-613

  Brau, Rinaldo ^a   Lanza, Alessandro ^b   Pigliaru, Francesco ^a  

^a UNIVERSITY OF CAGLIARI   (Italy)

^b FONDAZIONE ENI ENRICO MATTEI   (Italy)

Author keywords

Cross country comparisons; Growth; Small states

Indexed keywords

COMPARATIVE STUDY; DATA SET; ECONOMIC GROWTH; TOURISM DEVELOPMENT; TOURISM ECONOMICS; TRADE FLOW;

EID: 38349079938     PISSN: 13548166     EISSN: None     Source Type: Journal    
DOI: 10.5367/000000007782696104     Document Type: Article

References (25)

1. Aghion, P., and Howitt, P. (1998), Endogenoms Growth Theory, The MIT Press, Cambridge, MA.
2. Armstrong, H.W., and Read, R. (1995), 'Western European microstates and EU autonomous regions: the advantages of size and sovereignty', World Development, Vol 23, pp 1229-1245.
3. Armstrong, H.W., and Read, R. (1998), 'Trade and growth in small states: the impact of global trade liberalisation', World Economy, Vol 21, pp 563-585.
4. Armstrong, H.W., de Kervenoael, R.J., Li, X., and Read, R. (1998), 'A comparison of the economic performance of different microstates and between microstates and larger countries', World Development, Vol 26, pp 639-656.
5. Brau, R., Lanza, A., and Pigliaru, F. (2005), 'An investigation on the growth performance of small tourism countries', in Lanza, A., Markandya, A., and Pigliaru, F., eds, The Economics of Tourism and Sustainable Development, Edward Elgar, Cheltenham, pp 8-29.
6. Briguglio, L. (1995), 'Small island developing states and their economic vulnerabilities', World Development, Vol 23, pp 1615-1632.
7. Candela, G., and Cellini, R. (1997), 'Countries' size, consumers' preferences and specialization in tourism: a note', Rivista Internazionale di Scienze Economiche e Commerciali, Vol 44, pp 451-457.
8. Easterly, W. (2001), 'The lost decades: developing countries' stagnation in spite of policy reform 1980-1998', Journal of Economic Growth, Vol 6, pp 135-157.
9. Easterly, W., and Kraay, A. (2000), 'Small states, small problems? Income, growth and volatility in small states', World Development, Vol 28, pp 2013-2027.
10. Feenstra, R. (1996), 'Trade and uneven growth' Journal of Development Economics, Vol 49, pp 229-256.
11. Grossman, G., and Helpman, E. (1991), Innovation and Growth in the Global Economy, The MIT Press, Cambridge, MA.
12. Lanza, A. (1997), 'Is tourism harmful to economic growth', Statistica, Vol 57, pp 421-433.
13. Lanza, A., and Pigliaru, E (1994), 'The tourism sector in the open economy', Rivista Internazionale di Scienze Economiche e Commerciali, Vol 41, pp 15-28.
14. Lanza, A., and Pigliaru, R (2000a), 'Tourism and economic growth: does country's size matter?', Rivista Internazionale di Scienze Economiche e Commerciali, Vol 47, pp 77-85.
15. Lanza, A., and Pigliaru, F (2000b), 'Why are tourism countries small and fast-growing?', in Fossati, A., and Panella, G., eds, Tourism and Sustainable Economic Development, Kluwer Academic Publishers, Dordrecht, pp 57-69.
16. Lanza, A., Urga, G., and Temple, P. (2003), 'The Lucas model of economic growth: an empirical application to tourism specialisation using multivariate cointegration', Tourism Management, Vol 24, pp 315-321.
17. Liu, Z., and Jenkins, C.L. (1996), 'Country size and tourism development: a cross-nation analysis', in Briguglio, L., Archer, B., Safari, J., and Wall, G., eds, Sustainable Tourism in Islands and Small States: Issues and Policies, Pinter, London, pp 90-117.
18. Lucas, R. (1988), 'On the mechanics of economic development', Journal of Monetary Economics, Vol 22, pp 3-42.
19. Mankiw, N.G., Romer, D., and Weil, D.N. (1992), 'A contribution to the empirics of economic growth', Quarterly Journal of Economics, Vol 107, pp 408-437.
20. Pigliaru, F. (2002), 'Turismo, crescita e qualità ambientale', in Paci, R., and Usai, S., eds, L'ultima spiaggia, CUEC, Cagliari, pp 17-42.
21. Read, R. (2004), 'The implications of increasing globalization and regionalism for the economic growth of small island states', World Development, Vol 32, pp 365-378.
22. Sinclair, M.T. (1998), 'Tourism and economic development: a survey', Journal of Development Studies, Vol 34, pp 1-51.
23. Srinivasan, T.N. (1986), 'The costs and benefits of being a small remote island landlocked or ministate economy', World Bank Research Observer, Vol 1, pp 205-218.
24. Valente, S. (2005), Growth, Conventional Production and Tourism Specialisation, Fondazione Eni Enrico Mattei Working Paper No 140.05, Milan.
25. WTO (2005), Tourism Market Trends, 2005 Edition, WTO, Madrid.