Blackman, Allen; Naranjo, María Angélica; Robalino, Juan - In: World Development 58 (2014) C, pp. 41-52
According to advocates, eco-certification can stem environmental damages from tourism in developing countries. Yet we … data to analyze the Blue Flag beach certification program in Costa Rica where nature-based tourism has caused significant … control for self-selection bias. We find that Blue Flag certification spurs significant new hotel investment, particularly in …