This work contains a critical review of main econometric studies that have addressed the analysis of causality between tourism and long-term economic growth. These studies have employed a variety of methodologies, models such as VAR, VECM, ARDL, ARCH, GARCH, cross section and panel data. In...

This paper reformulates the neoclassical Solow-Swan model of economic growth in discrete time by introducing a generic population growth law that verifies the following properties: 1) population is strictly increasing and bounded 2) the rate of growth of population is decreasing to zero as time...

This paper inspires from a real-life assignment problem faced by the Mexican Ministry of Public Education. We introduce a dynamic school choice problem that consists in assigning positions to overlapping generations of teachers. From one period to another, teachers can either retain their...

We present a theoretical explanation of inefficient early matching in matching markets. Our explanation is based on strategic complementarities and strategic unraveling. We identify a negative externality imposed on the rest of the market by agents who make early offers. As a consequence, an...

The use of cointegration tests has become very popular in the empirical analysis of the tourism-led growth hypothesis (TLGH). It was first introduced in the tourism economics literature by Balaguer and Cantavella-Jordà (2002) and then popularized by many researches which tried to assess the...

Tourism statistics are key sources of information for economic planners, tourism researchers and operators. Still, several cases of data inadequacy and inaccuracy are reported in literature. The aim of this paper is to describe Coarsened Exact Matching, a methodology useful to improve tourism...

This paper presents a comprehensive review of the econometric approaches for the analysis of tourism expenditure at individual level. The attempt to consider only regression models is novel in literature. The paper resumes 86 papers and 354 estimates of econometric models from data at individual...

This study analyzes the behavior of repeat visitors to a cultural resource, in this case the Museum of Antioquia in Medellin (Colombia), by estimating travel cost model. The empirical results highlight issues such as women are more likely to re-visit the museum that age is also an important...

Between 1985 and 1998, the growth rate of Chile was among the top four in the world (Massad, 2002, Gallego and Loayza, 2002) showing, moreover, a very heterogeneous behavior at regional level. The objective of this paper is to analyze how dissimilar are the economic performance of Chilean...