Tourism specialization and economic development [[electronic resource] ] : evidence from the UNESCO World Heritage List / / prepared by Rabah Arezki, Reda Cherif, and John Piotrowski

• Autore: Arezki Rabah
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, IMF Institute and Fiscal Affairs Dept., 2009
• Descrizione fisica: 1 online resource (26 p.)
• Disciplina: 301.24
• Soggetto topico: Tourism; Economic development
• Soggetto genere / forma: Electronic books.
• Altri autori: CherifReda PiotrowskiJohn M
• Note generali: "July 2009."
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; I. Introduction; Figures; 1. Economic Growth and Tourism Specialization; II. UNESCO World Heritage List as An Instrument for Tourism Specialization; 2. UNESCO World Heritage Around the World; Tables; 1. Regional and Historical Distribution of World Heritage Sites (2002); 2. Correlation Between Total UNESCO World Heritage Sites and Average UN Voting Coincidence, 1980-2000; III. Empirical Investigation; A. Data and Specification; B. Results; 3. Benchmark Regressions; C. Robustness; IV. Conclusion; Appendixes; I. Data Description and Sources; Appendix Tables; 1. Data Description ; 2. Countries Included in the SampleII. Additional Robustness Checks; 3. Robustness using Various WHL; 4. Robustness to Using Only Cultural Sites; 5. Robustness to Removing various Centuries from the WHL; 6. Robustness to Using Additional Instruments for Tourism; 7. Robustness to using Different Measures of GDP; References
• Sommario/riassunto: The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based on the UNESCO World Heritage List. We find that there is a positive relationship between the extent of tourism specialization and economic growth. An increase of one standard deviation in the share of tourism in exports leads to about 0.5 percentage poi
• Titolo autorizzato: Tourism specialization and economic development
• ISBN: 1-4623-8099-9; 1-4527-6217-1; 1-4518-7323-9; 9786612843877; 1-282-84387-7
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910464009403321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/09/176.