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 …

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 …

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 …

While the world's attention is on dealing with the COVID-19 pandemic, climate change remains a greater existential … 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 …

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 …

We estimate a variety of exchange rate elasticities of international tourism. We show that, in addition to the … bilateral exchange rate between the tourism origin and destination countries, the exchange rate vis-à-vis the US dollar is also … an important driver of tourism flows and pricing. The effect of US dollar pricing is stronger for tourism destination …

This paper studies the role of airlift supply on the tourism sector in the Caribbean. The paper examines the relative …

The Caribbean share of the global tourism market has been declining. This study examines what is driving tourism flows …. It estimates the determinants of tourism and explores variations based on sample differences, and also constructs a … static nominal price comparison index. The paper finds that: (i) tourism arrivals and expenditure are sensitive to both price …

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 …