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In this short paper we analyze the impact of tourist demand in hotel rooms on the investment of hotels on environmental quality. We show that when income of the tourists increases, then to maintain the demand for rooms, the hotels must in-crease the investment on the environmental quality of the...
Persistent link: https://www.econbiz.de/10005836929
This paper describes the dynamics of economic performance for the sub-national Mexican states from 1970 to 2006; the state variables used are the levels and the growth rates of per capita GDP. The authors situate this approach in a conceptual and methodological panorama of the existent literature....
Persistent link: https://www.econbiz.de/10010823175
The environmental quality of destination has become a tool that hotels have to hold the tourism demand. In this paper we are going to present a model of vertical differentiation in the accommodation industry, where differentiation is associated with quality. Additionally, we assume the existence...
Persistent link: https://www.econbiz.de/10008646814
The purpose of this study is to investigate the contribution of tourism to economic growth in Colombia. First, we perform an ex-post analysis and quantify the contribution of the tourism to economic growth from the early 90’s until 2006 by disaggregating growth of real GDP per capita into...
Persistent link: https://www.econbiz.de/10008646839
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...
Persistent link: https://www.econbiz.de/10011260426
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...
Persistent link: https://www.econbiz.de/10010629561
This paper studies the determinants of repeat visiting in Uruguay, where loyal visitors are a relevant part of the total. From a statistical point of view, the number of times a visitor has been to a place constitutes count data. In this regard available information on Uruguay presents relevant...
Persistent link: https://www.econbiz.de/10010758607
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...
Persistent link: https://www.econbiz.de/10011049689
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...
Persistent link: https://www.econbiz.de/10011019210
Persistent link: https://www.econbiz.de/10010115442