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threat to vulnerable countries that are highly dependent on a weather-sensitive sector like tourism. Using a novel … multidimensional index, this study investigates the long-term impact of climate change vulnerability on international tourism in a … statistically and economically significant negative effect on international tourism revenues across the region. As extreme weather …
Persistent link: https://www.econbiz.de/10012392570
The pervasive use of tax incentives is costly for the Caribbean countries, yet the benefits seem limited. Better policy coordination at the regional level is needed to help overcome the collective action problems and generate more revenue to support the much-needed infrastructure investment....
Persistent link: https://www.econbiz.de/10012301961
Island Tourism Economies analysed in this paper vary profoundly in their size, land area, and location. Moreover, they have … their prospects for self reliance in economic development, and their overwhelming reliance on tourism as a source of exports … analyses the geographical, historical, economic, tourism-oriented and institutional characteristics, as well as vulnerability …
Persistent link: https://www.econbiz.de/10011324897
We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998 … variables. We show that the tourism sector is adequate for the economic growth of medium or low-income countries, though not … growth, we try to explain tourism arrivals conditional on GDP and other covariates such as safety, prices and education level …
Persistent link: https://www.econbiz.de/10011324906
Environmental resources constitute the 'raw materials' for tourism. This sector represents the driving force behind the …. This work systematically examines the effects and the feedbacks that the economy of tourism may generate in small areas …
Persistent link: https://www.econbiz.de/10011335688
Tourism plays a major part in the development strategies of both developing and developed countries because of the … tourism sector in a hope of reaping more economic benefits. However, it is still debatable whether tourism is beneficial for … al., 1998; Blake, 2000; Blake et. al., 2003; Dwyer et al., 2003), argue that tourism expansion is beneficial to the …
Persistent link: https://www.econbiz.de/10010312443
In this paper we try to build a bridge between the traditional analysis of the evolution of tourism destinations and … economic growth theory. With such an aim we develop an environmental growth model for an economy specialized in tourism and we … derive the pattern of tourism development with numerical calculations. The results of our simulations do not contradict the …
Persistent link: https://www.econbiz.de/10010312512
On average, tourism-specialized countries grow more than others. This fact is inconsistent with economic theory as, in … problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth …
Persistent link: https://www.econbiz.de/10010312575
Persistent link: https://www.econbiz.de/10011326267
is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant …
Persistent link: https://www.econbiz.de/10009659894