CCL Webinar: The effect of domestic and international tourism on economic complexity: A Global Perspective
Join the monthly webinar series organized by the Center for Collective Learning!
The Center for Collective Learning (CCL) at Corvinus Institute for Advanced Studies (CIAS) invites you to the research talk titled The effect of domestic and international tourism on economic complexity: A Global Perspective by Dr. Canh Phuc Nguyen from UEH University.
Date and location:
17 April 2024, 10:00 a.m. (CET), Online
Please register HERE
Abstract:
Dr. Canh’s study investigates the impacts of domestic and international tourism on the geography of economic activities, contributing to the burgeoning field of economic complexity. Despite the significant role of tourism in many economies, its impact on a nation’s economic complexity remains underexplored. Utilizing a robust methodological approach and a comprehensive sample of 123 economies, including 45 high-income countries (HICs), 33 upper-middle-income countries (UMCs), and 45 lower-middle-income countries (LMCs) over two decades, this study addresses potential endogeneity issues and provides new insights into the relationship between tourism and economic complexity. The findings reveal that both international and domestic tourism spending could significantly contribute to improving economic complexity in the global sample. However, the influences of international tourism vary depending on the income level of the economy. The study underscores that tourism as a service sector can be a key driver of economic complexity.
The event is part of CCL’s monthly webinar series. Learn more about the program, and about our invited speakers from our website.
Should you have any questions, please contact Veronika Hamar, at veronika.hamar@uni-corvinus.hu