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This study examines the determinants of blue economy activities, namely tourism and fisheries, in 21 Asia and Pacific … island countries during the period 1996 to 2016. Using a panel data model, it was found that the size of the blue economy … positively depends on the gross fixed capital formation and access to electricity in Asia and Pacific island countries. We find …
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This study complements the extant literature by assessing how the rule of law and political stability modulate tourism … development dynamics (i.e. tourism receipts and tourism expenditure) to affect economic development in terms of gross domestic … modulates both tourism receipts and tourism expenditure for overall positive effects on economic development and (ii) political …
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modulate the incidence of some macroeconomic factors (i.e. domestic investment and trade openness) on tourism development. The … in modulating domestic investment for tourism development in terms of tourism receipts. It follows that, for the sampled … countries, promoting tourism development can be most effective if policies for enhancing domestic investment and promoting the …
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performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by … lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …
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