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 …

The Cuban revolution and the subsequent US embargo on Cuba helped shape the tourism sector in the Caribbean …, facilitating the birth and growth of alternative destinations. Therefore, the apprehension of the Caribbean tourism industry … towards a change in US travel policy to Cuba is understandable, but likely unwarranted. The history of tourism in the region …

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-a-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 …

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 …

Tourism has become the main driver of economic growth and employment and the most important source of income in the … ECCU. Preserving and, possibly, enhancing the competitiveness of the tourism product is key for these countries …. Unfortunately, the evidence shows that tourism arrivals to the ECCU have been declining slightly while global demand for tourism is …

This paper investigates the drivers of reserves in emerging markets (EMs) and small island (SIs) and develops an …

This paper seeks to document key characteristics of small island states in the Pacific. It restricts itself to a … development indicators. We show that small island states in the Pacific are different from countries in other regional groupings …