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real tourism exports. They find support for panel cointegration and the results suggest that a 1% increase in tourism …The contribution of tourism to the economic growth of Pacific Island countries (PICs) has achieved significance in the … substitution and agriculture to urban-based manufacturing and services sectors. Tourism is the main component of the services …
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The COVID-19 pandemic prompted a collapse in international tourism, severely impacting the tourism-dependent economies … in the Asia and Pacific region. Once countries start reopening, tourism diversion effects could accelerate the recovery … of previous shocks in tourism competitor countries on visitor inflows, with a particular focus on tourism …
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moments (GMM) estimation of the dynamic panel data model, this study finds that FDI restrictions have significant negative …This study investigates the impact of FDI regulatory restrictions on tourism growth. Using system generalized method of … effects on tourism growth, implying that liberalizing FDI policies could promote tourism growth. …
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. With the application of panel integration tests and the system generalized method of moments estimator, this study provides … non-spurious and consistent empirical estimation of a growth model. It is found that while natural disasters greatly …
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This appendix is an adjunct to the main report. It is not intended as a free-standing Country Program Evaluation (CPE) on the World Bank in Tonga. It provides additional underpinning and evidence for the overall story of the Bank's relevance and effectiveness in the PICs provided in the main...
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