tourism for a number of PICs. Moreover, if a strong two-way linkage is established between tourism and agriculture, Pacific …

This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the … demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly … servicing a destination, are also found to be significant determinants of tourism demand. …

The present paper investigates whether tourism specialization is a viable strategy for development. We estimate … standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques … for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based on the …

This Selected Issues paper analyzes the competitive threats to the tourism sector in the Eastern Caribbean Currency …

An opening of Cuba to U.S. tourism would represent a seismic shift in the Caribbean's tourism industry. This study … on tourism between the two countries. After controlling for natural disasters, trade agreements, and other factors, the … results show that a hypothetical liberalization of Cuba-U.S. tourism would increase long-term regional arrivals. Neighboring …

This Selected Issues paper for The Bahamas reports that the largest portion of tourism expenditure in The Bahamas comes … from stayover visitors, and total tourism spending has been stagnant. The Bahamas is a small open economy highly dependent … on tourism and the offshore financial sector. Private consumption expenditure in the country or countries of origin is …