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This meta-analysis summarizes and explains the variation in the deterring effect of distance on tourism flows by analyzing 870 estimates from 139 primary studies utilizing data covering the last 25 years. We find substantial heterogeneity among studies that mostly correlates with (unobserved)...
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This chapter is structured in three parts. The first part outlines the methodological steps, involving both theoretical and empirical work, for assessing whether an observed allocation of resources across countries is efficient. The second part applies the methodology to the long-run allocation...
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