Tourism and economic structural change with endogenous wealth and human capital and elastic labor supply
The purpose of this study is to introduce tourism to a small-open growth with endogenous wealth and human capital. We develop the model on the basis of the Solow- Uzawa growth model, Arrow’s learning by doing, the literature of small-open economic growth models, and ideas from tourism economics. The...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2016-12-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1227.pdf
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