Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global … countries where the carbon footprint of tourism constitute substantial share of carbon dioxide (CO2) emissions. This study … empirically investigates the impact of tourism on CO2 emissions in a relatively homogenous panel of 15 Caribbean countries over …

We compile a novel database on average public and private sector wages and public-private wage differentials, which we … counter-cyclically, increasing during economic downturns, and increases prior to elections. Both private sector wages and … inflation respond positively to changes in public wages, albeit with significant heterogeneity in the effects across countries …

increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …

The substantial increase in public sector wages in Mongolia introduced in the 2023 supplementary budget has raised … concerns about its potential spillover effects on private sector wages and subsequent inflationary pressures. Furthermore, both … public and private sector wages have grown on average faster than labor productivity in Mongolia during 2000-2023 with …

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. …

An opening of Cuba to U.S. tourism would represent a seismic shift in the Caribbean's tourism industry. This study … on tourism between the two countries. After controlling for natural disasters, trade agreements, and other factors, the … results show that a hypothetical liberalization of Cuba-U.S. tourism would increase long-term regional arrivals. Neighboring …