Showing 1 - 10 of 306
The pervasive use of tax incentives is costly for the Caribbean countries, yet the benefits seem limited. Better policy coordination at the regional level is needed to help overcome the collective action problems and generate more revenue to support the much-needed infrastructure investment....
Persistent link: https://www.econbiz.de/10012301961
threat to vulnerable countries that are highly dependent on a weather-sensitive sector like tourism. Using a novel … multidimensional index, this study investigates the long-term impact of climate change vulnerability on international tourism in a … statistically and economically significant negative effect on international tourism revenues across the region. As extreme weather …
Persistent link: https://www.econbiz.de/10012392570
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/10014411223
is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and …
Persistent link: https://www.econbiz.de/10014395624
This paper studies recent developments in tourism in the East Caribbean countries (ECC) and reviews government policies … to support tourism. The paper also presents a model to explain the movements of tourist arrivals to the region during …
Persistent link: https://www.econbiz.de/10014396008
is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant …
Persistent link: https://www.econbiz.de/10009659894
This paper studies the role of airlift supply on the tourism sector in the Caribbean. The paper examines the relative …
Persistent link: https://www.econbiz.de/10011434735
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 …
Persistent link: https://www.econbiz.de/10012301934
The widespread availability of internet search data is a new source of high-frequency information that can potentially improve the precision of macroeconomic forecasting, especially in areas with data constraints. This paper investigates whether travel-related online search queries enhance...
Persistent link: https://www.econbiz.de/10012170113
Belize's tourism sector has witnessed impressive growth in recent years with overnight tourist arrivals registering … double digit annual growth rates since 2016. To guide the development of the tourism sector from 2012 to 2030, the government … endorsed a National Sustainable Tourism Master Plan in 2011, setting various initiatives and targets for the immediate and …
Persistent link: https://www.econbiz.de/10012154980