Showing 1 - 10 of 55
This study measures the impact of changing economic conditions in OECD countries on tourist arrivals to countries/destinations in Latin America and the Caribbean. A model of utility maximization across labor, consumption of goods and services at home, and consumption of tourism services across...
Persistent link: https://www.econbiz.de/10009487105
An opening of Cuba to U.S. tourism would represent a seismic shift in the Caribbean's tourism industry. This study … results show that a hypothetical liberalization of Cuba-U.S. tourism would increase long-term regional arrivals. Neighboring … destinations would lose the implicit protection the current restriction affords them, and Cuba would gain market share, but this …
Persistent link: https://www.econbiz.de/10014409021
This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base...
Persistent link: https://www.econbiz.de/10014409069
This paper analyzes the evolution of national accounts statistics compilation practices over the period of 2018 to 2021 for 189 economies. This is useful information for monitoring the quality of national accounts statistics and supporting identification of areas for improvement. Economies can...
Persistent link: https://www.econbiz.de/10015059215
This paper shows that aggregate investment expenditure shares on tradable and nontradable goods are very similar across countries and regions. Furthermore, the two expenditure shares have remained close to constant over time, with the average expenditure share on nontradables varying between...
Persistent link: https://www.econbiz.de/10005248190
Over the last decade, a number of methodological manuals on macroeconomic datasets were produced by the international community. For a number of reasons, these manuals could be viewed as fragmented, disconnected, and branching in various directions. This paper groups by topics and broad...
Persistent link: https://www.econbiz.de/10005248275
A key challenge in government budgeting is to define an appropriate balance between current and capital expenditures. Budgeting for government capital investment also remains not well-integrated into the formal budget preparation process in many countries. This paper aims to provide an overview...
Persistent link: https://www.econbiz.de/10005263712
This paper provides detailed empirical evidence on the saving behavior of Irish households using micro data from the 1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to characterize the life cycle profile of saving rates and to examine the response of...
Persistent link: https://www.econbiz.de/10005263766
The principles underlying the recording of changes in inventories are explained in the System of National Accounts, 1993 (1993 SNA), but operational guidelines on their measurement are lacking. This paper elaborates specific statistical techniques and their underlying assumptions for calculating...
Persistent link: https://www.econbiz.de/10005263775
Myanmar's multiple exchange rate system creates various economic distortions. This paper describes the exchange rate practices in Myanmar, develops a model of foreign exchange markets, and presents the efficiency costs imposed by quasi-fiscal operation under the current exchange rate regime. The...
Persistent link: https://www.econbiz.de/10005263840