Tourism and Economic Development: Evidence from Mexico’s Coastline
结合墨西哥微观数据与空间均衡模型,发现旅游业带来显著地方经济收益,但全国层面的收益主要来自市场整合效应,而非地方溢出。
Tourism is a fast-growing services sector in developing countries. This paper combines a rich collection of Mexican microdata with a quantitative spatial equilibrium model and a new empirical strategy to study the long-term economic consequences of tourism both locally and in the aggregate. We find that tourism causes large and significant local economic gains relative to less touristic regions that are in part driven by significant positive spillovers on manufacturing. In the aggregate, however, these local spillovers are largely offset by reductions in agglomeration economies among less touristic regions, so that the national gains from trade in tourism are mainly driven by a classical market integration effect.