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on Tourism Economics |
| By: | Chen, Yingtong; Wu, Fei; Zhang, Dayong; Ji, Qiang |
| Abstract: | The impact of international tourism on biodiversity risks has received considerable attention, yet quantitative research in this field remains relatively limited. This study constructs a biodiversity risk index for 155 countries and regions spanning the years 2001 to 2019, analysing how international tourism influences biodiversity risks in destination countries. The results indicate that the growth of international tourism significantly elevates biodiversity risks, with these effects displaying both lagging and cumulative characteristics. Furthermore, spatial analysis shows that international tourism also intensifies biodiversity risks in neighbouring countries. The extent of its impact varies according to the tourism model and destination. In addition, government regulations and international financial assistance play a crucial role in mitigating the biodiversity risks associated with international tourism. |
| Date: | 2025–05–22 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:m2xy4_v1 |
| By: | Daniel Cunha; Mr. Rodrigo Garcia-Verdu; Pedro Juca Maciel |
| Abstract: | We explore the relationship of recessions and tourism cycles on the economic performance of tourism-dependent Small Developing States (SDS). Using local projections regressions, we examine how these cycles affect potential output growth and its drivers—investment and employment—and estimate the short-run elasticity of tourism growth to economic activity. Our findings reveal that the long-term influence of recessions are less persistent in SDS than in larger emerging markets, as tourist-dependent economies experience faster recoveries from recessions. Moreover, we use Cabo Verde as a natural experiment to assess the short-term relation of tourism on growth and found that tourism's short-run elasticity to growth is around 0.4 over 12 months, with limited spillovers to non-tourism areas. |
| Keywords: | Small Developing States; Tourism; Growth |
| Date: | 2025–05–23 |
| URL: | https://d.repec.org/n?u=RePEc:imf:imfwpa:2025/103 |
| By: | Laura Conti; Marco Francesconi; Giulio Papini; Michel Serafinelli; Gabriella Conti |
| Abstract: | This paper documents how the local labor market (LLM) responds to a change in touristic attractiveness. Leveraging largely underutilized data from several sources, we exploit a unique classification of Italian localities based on their main touristic assets and aggregate trends in foreign tourists' choices in a shift-share research design. Looking at all LLMs, we find a strong positive relationship between changes in attractiveness and changes in the local tourism-related economic activity, with a positive impact on tourism expenditure and tourism employment, but no effect on total employment. In high-unemployment LLMs, however, we find evidence of sizable total employment effects and large indirect effects generated through industries related to tourism and firms in the nontradable sector. We observe no effects on wage growth. We discuss our results in the context of the current policy debate on the role of tourism in the development of the local economy. |
| Keywords: | tourism, job growth, unemployment, local spillovers, heterogeneity |
| JEL: | R11 J21 R12 R23 Z30 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11914 |