Is specialization in tourism Harmful to economic growth?

A. Lanza
A comparison between the growth-effect of specialization in tourism to the growth-effect associated with specialization in manufacturing, could lead to the conclusion that specialization in tourism is detrimental to economic growth. The continuous creation and introduction of new methods and products characterizes the manufacturing sector to an extent unknown to other sectors. The endogenous component of technical progress in manufacturing is of ten regarded as the factor that makes the whole economy grow at a...