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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/10013252040
that normally operate smoothly in the background. Among the issues, the long delays that port congestion may have caused in …
Persistent link: https://www.econbiz.de/10013293933
is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and …
Persistent link: https://www.econbiz.de/10013065148
The widespread availability of internet search data is a new source of high-frequency information that can potentially improve the precision of macroeconomic forecasting, especially in areas with data constraints. This paper investigates whether travel-related online search queries enhance...
Persistent link: https://www.econbiz.de/10012840606
Belize's tourism sector has witnessed impressive growth in recent years with overnight tourist arrivals registering … double digit annual growth rates since 2016. To guide the development of the tourism sector from 2012 to 2030, the government … endorsed a National Sustainable Tourism Master Plan in 2011, setting various initiatives and targets for the immediate and …
Persistent link: https://www.econbiz.de/10012843508
The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest … dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity … model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect …
Persistent link: https://www.econbiz.de/10013053035
This paper develops a gravity model framework to estimate the impact of infectious diseases on bilateral tourism flows … among 38,184 pairs of countries over the period 1995-2017. The results confirm that international tourism is adversely … tourism flows to advanced economies, the magnitude and statistical significance of the impact of infectious diseases are much …
Persistent link: https://www.econbiz.de/10012827591
In this paper, we review developments in Japanese inbound tourism and investigate the main determinants of its rapid … growth prior to the COVID-19 pandemic. Using a panel autoregressive distributed lag (ARDL) model with data on 34 tourism … source markets from 1996Q1 to 2018Q4, we find that not only tourist income and tourism-related relative prices, also visa …
Persistent link: https://www.econbiz.de/10013315121
This paper improves short-term forecasting models of monthly tourism arrivals by estimating and evaluating a time …-series model with exogenous regressors (ARIMA-X) using a case of Aruba, a small open tourism-dependent economy. Given importance of …, the pandemic changed econometric relationships between the tourism arrivals and their main determinants, and accuracy of …
Persistent link: https://www.econbiz.de/10014237877
Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global … countries where the carbon footprint of tourism constitute substantial share of carbon dioxide (CO2) emissions. This study … empirically investigates the impact of tourism on CO2 emissions in a relatively homogenous panel of 15 Caribbean countries over …
Persistent link: https://www.econbiz.de/10014076818