Showing 1 - 10 of 3,316
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/10011142022
Recently gravity trade models are applied to disaggregated trade data. Here many zeros are characteristic. In the presence of excess zeros usual Poisson Pseudo Maximum Likelihood (PPML) is still consistent, the variance covariance matrix however is invalid. Correct economic interpretation...
Persistent link: https://www.econbiz.de/10009326531
Persistent link: https://www.econbiz.de/10008591041
Singapore?s outward FDI is peculiar in important respects, even though it shares some characteristics with FDI undertaken by traditional investor countries. The focus of FDI in the manufacturing sector on lower-income Asian host countries suggests that the motivations and trade repercussions of...
Persistent link: https://www.econbiz.de/10008520242
, olive oil exports to Germany are positively related to the existence of direct marketing channels and to tourism. Therefore … Bestehen von direkten Absatzwegen und Tourismus verknüpft. Diese Einflussfaktoren sollten in Zukunft stärker von mediterranen …
Persistent link: https://www.econbiz.de/10011143145
borders. International tourism falls under General Agreement on Trade in Services (GATS) that provides a framework for … tourism as a service. Over the years, the tourism destinations as well as tourists by way of their origin have witnessed a … gradual but steady shift from developed to developing countries as delineated in the paper. Tourism has become the propulsion …
Persistent link: https://www.econbiz.de/10010940918
This Selected Issues paper for The Bahamas reports that the largest portion of tourism expenditure in The Bahamas comes … from stayover visitors, and total tourism spending has been stagnant. The Bahamas is a small open economy highly dependent … on tourism and the offshore financial sector. Private consumption expenditure in the country or countries of origin is …
Persistent link: https://www.econbiz.de/10005252900
международного туризма как в краткосрочном, так и в долгосрочном периодах (Tourism 2020 Vision). Образовательный туризм выделяется в …
Persistent link: https://www.econbiz.de/10011228554
This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the … demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly … servicing a destination, are also found to be significant determinants of tourism demand. …
Persistent link: https://www.econbiz.de/10005769110
home, and consumption of tourism services across monopolistically competitive destinations abroad is presented. The model … tourist destinations. Estimates suggest median tourism arrivals decline by at least three to five percent in response to a one …. Estimates of the elasticity of substitution suggest that tourism demand is highly price sensitive, and that a variety of costs …
Persistent link: https://www.econbiz.de/10008839340