2008
DOI: 10.2139/ssrn.2475871
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Tourism as a Driver of Economic Development: The Colombian Experience

Abstract: Abstract:The current paper analyzes the importance and potentials of the tourism sector for economic development. It is divided into four major parts. After a short introduction, section two presents some theoretical insights into the topic of economic development. Commenting on the most relevant components of the catching-up theory by Abramovitz (1986) and the structural change theory by Baumol (1967)

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Cited by 3 publications
(1 citation statement)
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“…Tourism is a long-term source of economic growth for developing countries as revealed by an increasing amount of studies (Balaguer and Cantavella-Jorda, 2002; Blake et al, 2008; Brau et al, 2007; Benkovic and Mejia, 2008; Croes and Vanegas, 2008; Dritsakis, 2004; Durbarry, 2004; Ghali, 1976; Hazari and Sgro, 1995; Jones, 2010; Narayan, 2004; Schubert et al, 2011; Sequeira and Nunes, 2008). These studies have two things in common.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Tourism is a long-term source of economic growth for developing countries as revealed by an increasing amount of studies (Balaguer and Cantavella-Jorda, 2002; Blake et al, 2008; Brau et al, 2007; Benkovic and Mejia, 2008; Croes and Vanegas, 2008; Dritsakis, 2004; Durbarry, 2004; Ghali, 1976; Hazari and Sgro, 1995; Jones, 2010; Narayan, 2004; Schubert et al, 2011; Sequeira and Nunes, 2008). These studies have two things in common.…”
Section: Literature Reviewmentioning
confidence: 99%