Capital Investment in Tourism: A Global Investigation

Pages: 1 - 27
Published: Dec 15, 2020
Abstract
This study contributes to the literature by establishing the linkages between new institutional economics, public finance theory, and tourism economics, to explore the motives of capital investment into the tourism industry. We apply panel data techniques across a global sample of 150 countries, running from 2003 through 2017, encompassing 53 Low- and Lower-Middle-Income Economies (LMEs), 44 Upper-Middle-Income Economies (UMEs), and 53...
Paper Details
Title
Capital Investment in Tourism: A Global Investigation
Published Date
Dec 15, 2020
Pages
1 - 27
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