The main objective of this paper is to determine the effect of Foreign Direct Investment on the hospitality sector in the Colombian economic growth. This is estimated using a method that uses the Gross Domestic Product –GDP- per capita and its disaggreg

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Susana Uribe Montoya
Universidad de La Sabana

Loly Aylú Gaitán Guerrero
Universidad de La Sabana

Keywords

Foreign Direct Investment, Tourism, Hospitality, Colombia

Abstract

The main objective of this paper is to determine the effect of Foreign Direct Investment on the hospitality sector in the Colombian economic growth. This is estimated using a method that uses the Gross Domestic Product –GDP- per capita and its disaggregated data according to the different economic sectors, providing an ex post assessment of the contribution of tourism on GDP growth. The results show that Colombia has competitive levels in tourism contribution to GDP, although its level is low compared to countries where the sector is the most active player in their economies.

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Published
May 21, 2013

Article Details

How to Cite
Uribe Montoya, S., & Gaitán Guerrero, L. A. (2013). The main objective of this paper is to determine the effect of Foreign Direct Investment on the hospitality sector in the Colombian economic growth. This is estimated using a method that uses the Gross Domestic Product –GDP- per capita and its disaggreg. AD-Minister, (22), 83–94. Retrieved from https://publicaciones.eafit.edu.co/index.php/administer/article/view/2029
Issue
No. 22 (2013): Two decades of economic liberalization and globalization in Latin America
Section
Research Articles
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