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Crowding Out or Cashing In? The Divergent Effects of Public–private Partnerships on the Market Value of Restaurants

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Journal of Hospitality & Tourism Research: The Professional Journal of the Council on Hotel, Restaurant, and Institutional Education

Published online on

Abstract

Journal of Hospitality & Tourism Research, Ahead of Print.
This study examines the impact of a Public–private partnership on the market value of restaurant firms, revealing how a Public–private partnership in tourism promotion may yield uneven economic consequences across hospitality sub-sectors—a crowding-out ...