Identificador persistente para citar o vincular este elemento: http://hdl.handle.net/10553/70119
Título: The macroeconomic consequences of quality improvement policies in advanced tourism-led economies
Autores/as: Inchausti Sintes, Federico 
Clasificación UNESCO: 531290 Economía sectorial: turismo
Palabras clave: Dynamic General Equilibrium Model
Economic Growth
Export Diversification
Free Capital Movements
Income Elasticity, et al.
Fecha de publicación: 2020
Publicación seriada: Current Issues in Tourism 
Resumen: Traditional sun-and-beach destinations in advanced economies are facing increased competition from cheaper destinations in emerging countries. In contrast to other capital-intensive sectors, tourism, as a service-based activity, cannot make significant productivity gains to improve its competitiveness. Moreover, tourism-led economies have an underdeveloped industrial sector that limits opportunities for economic diversification. In this context, this paper presents a three-country dynamic CGE model to analyze the role of tourism quality improvements to achieve sustainable long-term economic growth in mature destinations in a context of international capital movements. According to the results, tourism-led economies may converge in real salaries with wealthier economies when focusing on high-end visitors. On the other hand, cheaper destinations achieve better returns from tourism activity in diversified economies.
URI: http://hdl.handle.net/10553/70119
ISSN: 1368-3500
DOI: 10.1080/13683500.2019.1679094
Fuente: Current Issues in Tourism[ISSN 1368-3500], v. 23(24)
Colección:Artículos
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