A Tale of Four CARICOM Countries

Griffith, Winston H.

doi:10.1080/00213624.2002.11506444

Cited by 15 publications

(6 citation statements)

References 3 publications

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“…Thus, there is a need to focus on product development efforts on arrangements consistent with local strengths, which is in line with the economic policies of respective governments, and incorporating the necessary investment for adequate infrastructure. Simultaneously, it is necessary to manage and mitigate the potential negative social and environmental impacts of tourism to ensure that this sector remains the dominant force in local development, as noted in research in the area of sustainable tourism and island development (Carlsen and Butler, 2010; Chen, 2006; Craigwell and Maurin, 2011; Graci and Dodds, 2010; Griffith, 2002; McLeod et al, 2022; Sharpley, 2003). Finally, socioeconomic barriers to economic growth, particularly in the case of SIDSs, reflect heavy dependency on foreign aid, cooperation, and preferential trade agreements.…”

Section: Research Context: Insularitymentioning

confidence: 99%

Air transport and tourism flows to islands: A panel analysis for southern European countries

Mazzola

Cirà

Ruggieri

et al. 2022

Journal of Tourism Research

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Air transport is an essential component of the tourism industry, and the number, frequency, and capacity of flight connections may influence the level of tourism demand, especially for island destinations. This paper evaluates the influence of air transport on tourism arrivals to selected islands in seven southern European Union countries to determine the nature of the relationship between tourist arrivals and air transport, specifically, whether air transport services generate tourism demand or merely enable touristic flows. The paper uses panel data and applies an econometric model with justifications for endogeneity and dynamic issues. Results show a moderate impact of transport infrastructures on generating additional tourist arrivals; however, the model shows that air transport is a prerequisite to developing tourism demand and is not the only determinant in increasing tourist arrivals. Tourist arrivals appear more a determinant than a consequence of changes in-flight connections.

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Section: Research Context: Insularitymentioning

confidence: 99%

Air transport and tourism flows to islands: A panel analysis for southern European countries

Mazzola

Cirà

Ruggieri

et al. 2022

Journal of Tourism Research

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“…Dış yardımların ve borçlanma masraflarının sabit olduğunu bir an için kabul edersek; gelişmekte olan ülkelerin ithalatının finansmanı, bu ülkelerin görünmeyen kalemler dengesine bağlı olduğu görülmektedir (Griffith, 2002). Bu nedenle, bu ülkeler ithalatı karşılamak ve borçlarını ödemek için dış turizm faaliyetlerinden elde ettikleri geliri arttırmak istemektedirler.…”

Section: öDemeler Dengesi Ve Turizmunclassified

“…Gelişmekte olan ülkelerin mal ihracatı dünya ticareti içinde küçük bir yere sahip iken ülkelerin mal ithalatının finansmanı çoğu kez transferlerin, sermaye hareketlerinin ve görünmeyen kalemlerin dengesine bağlı bulunmaktadır. Dış yardımların ve borçlanma masraflarının sabit olduğunu bir an için kabul edersek; gelişmekte olan ülkelerin ithalatının finansmanı, bu ülkelerin görünmeyen kalemler dengesine bağlı olduğu görülmektedir (Griffith, 2002). Bu nedenle, bu ülkeler ithalatı karşılamak ve borçlarını ödemek için dış turizm faaliyetlerinden elde ettikleri geliri arttırmak istemektedirler.…”

Section: öDemeler Dengesi Ve Turizmunclassified

Role of tourism on foreign exchange of developing countries and case of Turkey

Uğuz¹

2017

Pressacademia

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Purpose-An important factor restricting the development of developing countries is foreign exchange deficit. Investments require foreign exchange but sufficient foreign exchange can not be obtained through exports and it is difficult to obtain foreign exchange by means foreign capital, foreign aids and loans, and this makes the metioned countries find adequate and reliable sources. However, countries with rich natural and cultural heritage provide a significant portion of the the required foreign exchange for development with foreign tourism revenues. Methodology-In the study, in order to measure the effect of foreign tourism revenues on commodity trade balance in Turkey, using the monthly data in the period 1992: 1-2007: 1, long term relationship between variables was investigated with the Autoregressive Distributed Lag (ARDL) models. Findings-It has been determined that financial account and tourism account have a statistically significant effect in the resolved of the goods trade deficit. Conclusion-According to the obtained findings, policies and strategies for the development and strengthening of the tourism sector were presented. Keywords:Balance of payments, foreign exchange, tourism, Turkey, ARDL. JEL Codes: C01, F31, L83 GELİŞMEKTE OLAN ÜLKELERİN DÖVİZ GEREKSİNMESİNİN KARŞILANMASINDA TURİZMİN ROLÜ VE TÜRKİYE ÖRNEĞİ ÖZETAmaç-Gelişmekte olan ülkelerin kalkınmasını kısıtlayan önemli bir faktör döviz açığıdır. Yatırımların döviz gerektirmesi buna karşın, ihracat yoluyla yeterli dövizin elde edilememesi ve yabancı sermaye, dış yardım, dış borçlanma gibi yollarla döviz teminin güçlüğü, bu ülkeleri yeterli ve güvenilir döviz kaynakları bulmaya zorlamaktadır. Ancak zengin doğal ve kültürel mirasa sahip ülkeler, kalkınma için gerekli dövizin önemli bir kısmını dış turizmden elde edilen gelirlerle sağlamaktadır. Yöntem-Çalışmada, Türkiye'de dış turizm gelirlerinin mal ticareti dengesi üzerindeki etkisini ölçmek amacıyla, 1992:1-2007:1 dönemini kapsayan aylık veri seti kullanılarak değişkenler arasındaki uzun dönem ilişki Gecikmesi Dağıtılmış Otoregresif Model (ARDL) yardımı ile araştırılmıştır. Bulgular-Mal ticareti hesabındaki açığın kapatılmasında finans hesabı ve turizm hesabının istatistiksel olarak anlamlı bir etkiye sahip olduğu tespit edilmiştir. Sonuç-Elde edilen bulgulardan yola çıkarak, turizm sektörünün geliştirilmesi ve güçlendirmesine yönelik politika ve stratejiler sunulmuştur.

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“…The increase of tourism flows could have unexpected detrimental impacts on environments and local communities, deriving from the excess of tourism, called overtourism [14,15,16]. Monitoring tourism impacts is fundamental to avoid negative effects on environment and residents [17], and finding new opportunities for the local industry's expansion [18,19,20,21]. In terms of sustainability [2222] (1-20), for coastal or island areas is not easy being the territorial target for significant tourism flows.…”

Section: Introductionmentioning

confidence: 99%

Tourism Dynamics and Sustainability: A Compared Analysis in Mediterranean Islands. Evidence for Post-Covid-19 Strategies

Ruggieri¹,

Calò²

2022

Preprint

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Tourism may not sustainably support territories with limited natural resource stock as islands. The volume in visitor arrivals and the industry investments can increase the pressure even beyond sustainable levels. There is an evident and unresolved tension between these two great polarities, sustainability and economic growth driven by tourism. The aim for policymakers is to find an acceptable equilibrium between these two dimensions. This paper investigates the tourism evolution between 2007 and 2019 in 15 Mediterranean islands, comparing the tourism pressures through statistical indicators. The analysis will compare tourism demand and supply trends in these contexts. The performances will be evaluated to identify the Islands positioning between sustainability needs and tourism development opportunities considering post-covid-19 challenges.

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A Tale of Four CARICOM Countries

Cited by 15 publications

References 3 publications

Air transport and tourism flows to islands: A panel analysis for southern European countries

Air transport and tourism flows to islands: A panel analysis for southern European countries

Role of tourism on foreign exchange of developing countries and case of Turkey

Tourism Dynamics and Sustainability: A Compared Analysis in Mediterranean Islands. Evidence for Post-Covid-19 Strategies

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