We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998 … variables. We show that the tourism sector is adequate for the economic growth of medium or low-income countries, though not … growth, we try to explain tourism arrivals conditional on GDP and other covariates such as safety, prices and education level …

On average, tourism-specialized countries grow more than others. This fact is inconsistent with economic theory as, in … problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth …