Abstract

ABSTRACT Over recent decades tourism has fostered intense economic growth in many small and/or island countries. However, the relationship between growth, tourism and economic size of these countries has never been satisfactorily explained. This paper aims firstly to analyse the determining factors of the intense tourism development observed in small countries; and secondly, to provide a framework which helps to explain why small countries specialised in tourism have recorded relatively high economic growth rates over recent decades. Structural change at a sectoral level is the mechanism used to explain the rapid growth of small tourism countries. However, the lack of available data means that the empirical results are not conclusive.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.