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on Tourism Economics |
| By: | Rabah Arezki; Reda Cherif; John Piotrowski |
| Abstract: | The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based on the UNESCO World Heritage List. We find that there is a positive relationship between the extent of tourism specialization and economic growth. An increase of one standard deviation in the share of tourism in exports leads to about 0.5 percentage point in additional annual growth, everything else being constant. Our result holds against a large array of robustness checks. |
| Keywords: | Cross country analysis , Development , Economic growth , Economic models , Time series , Tourism , |
| Date: | 2009–08–13 |
| URL: | http://d.repec.org/n?u=RePEc:imf:imfwpa:09/176&r=tur |
| By: | Salman, Khalik (Mid Sweden University); Arnesson, Leif (Mid Sweden University); Sörensson, Anna (Mid Sweden University); Shukur, Ghazi (CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology) |
| Abstract: | This paper estimates the demand for tourism to Sweden and Norway for five countries: Denmark, the United Kingdom, Switzerland, Japan, and the United States. For each visiting country, and for Sweden and Norway, we specify separate equations by including relative information. We then estimate these equations using Zellner’s Iterative Seemingly Unrelated Regressions (ISUR). The benefit of this model is that the ISUR estimators utilize the information present in the error correlation of the cross regressions (or equations) and hence are more efficient than single equation estimation methods such as ordinary least squares. Monthly time series data from 1993:01 to 2006:12 are used. The results show that the consumer price index, some lagged dependent variables, and several monthly dummies (representing seasonal effects) have a significant impact on the number of visitors to the SW6 region in Sweden and Tröndelag in Norway. We also find that, in at least some cases, relative prices and exchange rates have a significant effect on international tourism demand. |
| Keywords: | tourism demand; significant factors; Iterative Seemingly Unrelated Regressions (ISUR) |
| JEL: | C51 L83 |
| Date: | 2009–09–28 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:cesisp:0198&r=tur |
| By: | Solenn Mornet (USTV - Université du Sud Toulon-Var - UFR Lettres et Sciences Humaines - Ministère de l'Enseignement Supérieur et de la Recherche Scientifique) |
| Abstract: | It has been decades since we could hear about sustainable tourism with such buzzwords as “ecotourism”, “green tourism” and many others. Today the tourism sector is the world's biggest economic activity. Travel responsibly is gaining importance due to the now rampant awareness regarding environmental issues all over the World. It is nowadays fashionable to sell something “green” and not only in the tourism sector. It has become a commercial argument and that is why we can wonder about the real commitments it involves. In a meantime, if “green” is a marketing purpose, does it mean anything to the consumer and does it influence their choices? Taking care of the environment may be a fad these years, but it is a worldwide one. What does it mean in terms of actions? And as we know travelling is felt as something important to everyone and as everybody feels concerned by environmental issues, then why is ecotourism still marginal within the tourism sector? |
| Keywords: | Ecotourisme, Environnement, Green |
| Date: | 2009–09 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:dumas-00418827_v1&r=tur |
| By: | Julia Anna Rebutin (USTV - Université du Sud Toulon-Var - UFR Lettres et Sciences Humaines - Ministère de l'Enseignement Supérieur et de la Recherche Scientifique) |
| Abstract: | Indigenous affairs are always sensitive and controversial. For centuries, Indigenous populations around the world have suffered from oppression, discrimination and genocide. Even though Governments today are trying to improve their situation, most Indigenous communities are still marginalized disadvantaged minorities lacking in opportunities, and are therefore not integrated to the mainstream population. Social enterprise applied to tourism can offer Indigenous peoples opportunities to develop their economic potential and to become empowered, self-sufficient communities. |
| Keywords: | Entreprise sociale, Tourisme indigène, Tourisme aborigène, Commodification, Modèle économique |
| Date: | 2009–09–07 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:dumas-00418823_v1&r=tur |
| By: | Patrick A. Imam |
| Abstract: | In recent years, recommendations for countries to unilaterally dollarize/eurorize have become common, particularly when the countries lack economic credibility. After exploring the characteristics of dollarizing/eurorizing economies, we look at the merits and costs of unilateral eurorization for Cape Verde, a highly tourism based economy that has become increasingly integrated into the euro-zone area and that has a strong macroeconomic track record. We illustrate that neither the benefits nor the costs of unilateral eurorization are large and conclude that there is no compelling case to change the current exchange rate arrangement at this point in time. Econometrically, we assess the characteristics of dollarized economies and demonstrate that few of them apply to Cape Verde, further confirming that Cape Verde does not fit the pattern of most dollarizing countries. |
| Keywords: | Benefits , Cape Verde , Cross country analysis , Currency pegs , Currency substitution , Dollarization , Exchange rate regimes , Fiscal policy , Monetary systems , |
| Date: | 2009–07–14 |
| URL: | http://d.repec.org/n?u=RePEc:imf:imfwpa:09/146&r=tur |
| By: | Matthieu Thiercy (USTV - Université du Sud Toulon-Var - UFR Lettres et Sciences Humaines - Ministère de l'Enseignement Supérieur et de la Recherche Scientifique) |
| Abstract: | As soon as it was discovered by the Western world a few centuries ago, Southeast Asia started to inspire and fascinate. As centuries went by, conquistadores became travelers until these travelers became tourists: these bustling conquerors of a new kind. Straightaway, the unknown began to be subjected to our own colonialist perceptions and loose approaches of otherness. What used to be exotic, because it was untouched by the illnesses of our modern worlds, has turned into what is intrinsically within our constant reach. Exoticism has become something we deal with frequently and eagerly aim at. Our lives are full of goals we desperately seek to attain. Travels and tourism have successfully lured their practitioners into thinking this ‘better other living elsewhere' has always been within reach. If our willingness to control and define otherness according to our own standards is inherent to all tourists, it now turns out to be the contrary. Exoticism is now chasing after markets and ruling over a powerful marketing machinery that does not fail to have important consequences over destinations, hosts and guests alike. In response to that, tourists and the industry as a whole are trying to manage exoticism so that it does not turn down on what it has been primarily brought up for. However, how coherent is this willingness to manage otherness and conflict with the Other? How does Southeast Asia promote its exoticism in the first place? This is what I will try to answer in this work... |
| Date: | 2009–09 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:dumas-00419161_v1&r=tur |
| By: | Dinh Pho Tran (USTV - Université du Sud Toulon-Var - UFR Lettres et Sciences Humaines - Ministère de l'Enseignement Supérieur et de la Recherche Scientifique) |
| Abstract: | Depuis plusieurs années, le tourisme joue un rôle très important pour le Vietnam. Grâce à la nouvelle politique des autorités, le tourisme se développe de plus en plus, il représente maintenant 40% de l'économie du pays. Pourtant, le gouvernement n'a pas une stratégie spécifique et réfléchie afin d'engager le Vietnam dans une politique touristique qui convienne véritablement au pays. Il semble que le développement du tourisme soit encore vague et contradictoire. Les acteurs du secteur ne pensent qu'au développement à court terme. Donc, cela a causé beaucoup de problèmes pour la société et l'environnement du pays. En revanche, avec son potentiel actuel, le Vietnam pourrait faire croître le tourisme non seulement pour l'économie mais encore pour protéger l'environnement et la société. C'est la raison pour laquelle nous choisissons le tourisme durable. C'est un chemin vraiment nouveau pour le tourisme du Vietnam. Nous espérons que ce sera efficace pour ce pays en voie de développement. |
| Date: | 2009–09 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:dumas-00418763_v1&r=tur |