The Phenomenon of Tourism Poverty Trap: Is It Possible that Tourism Breaks the Vicious Circle of Poverty in Emerging Destinations?

Puig-Cabrera, Miguel; Robles, Concepción Foronda

doi:10.1080/10875549.2020.1716916

Cited by 5 publications

(2 citation statements)

References 34 publications

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“…In the short run, the interest rates had their intended effect: study participants were much more likely to open and use accounts with higher interest rates when the interest rates were active. 2 But, the effect sizes are modest: moving from no interest to 20 percent interest increased the six-month closing balance of individual and joint accounts by $1.31 and $2.08, respectively.…”

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confidence: 98%

The Persistent Power of Behavioral Change: Long-Run Impacts of Temporary Savings Subsidies for the Poor

Schaner

2018

American Economic Journal: Applied Economics

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I use a field experiment in rural Kenya to study how temporary incentives to save impact long-run economic outcomes. Study participants randomly selected to receive large temporary interest rates on an individual bank account had significantly more income and assets 2.5–3.5 years after the interest rates expired. These changes are much larger than the short-run impacts on experimental bank account use and almost entirely driven by growth in entrepreneurship. In contrast, interest rates on joint accounts and modest cash payments did not significantly impact long-run economic outcomes. (JEL C93, D13, D14, D90, G21, I32, O12)

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confidence: 98%

The Persistent Power of Behavioral Change: Long-Run Impacts of Temporary Savings Subsidies for the Poor

Schaner

2018

American Economic Journal: Applied Economics

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“…Following the assumption that tourism contributes to development (UNWTO, 2018; Puig-Cabrera and Foronda-Robles, 2020), the empirical method of this work consists of a panel data analysis including a total of seven SIDS to measure the contribution of both economic diversification and tourism specialization to well-being based on the Agenda 2030 approach between 2005 and 2019. Given the trend of SIDS to have a high degree of tourism development (WTTC, 2021), the Caribbean was chosen as the pilot area for being one the most tourism-dependent regions worldwide (UNWTO, 2020).…”

Section: Methodsmentioning

confidence: 99%

Tourism towards the well-being of Small Island Developing States: Tourism Agenda 2030

Puig-Cabrera

Vas²,

Beltrán-Bueno³

et al. 2022

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Purpose The purpose of this study is to contrast the capacity of tourism-specialized and non-tourism-specialized systems in small developing insular societies to achieve a well-being model aligned with the Agenda 2030. Design/methodology/approach The empirical method of this work consists of a panel-corrected standard errors analysis for a total of seven Caribbean Small Island Developing States (SIDS) to measure the contribution of both economic diversification and tourism specialization to well-being in the Agenda 2030 framework. Time period considered in the analysis include 2005–2019. Findings Linear and nonlinear relationships reveal the need to conjugate both tourism specialization and economic diversification in the 2030-development agendas of small developing insular societies as both represent a means to achieve a well-being model aligned with the Agenda 2030. Originality/value One of the main novelties of this work is that development is analyzed from a multidimensional point of view (standard of living, access to education and health services), as an integrated thinking that considers any tourism development model that defines a route with Sustainable Development Goals (SDGs) and Agenda 2030 as main destination in SIDS. Specifically, practical implications are given combining recommendations to foster development and face poverty (SDG-1), while inequalities situations are reduced (SDG-10) and decent jobs are generated (SDG-8). These implications also focus on strengthening local suppliers of goods and services from other sectors to be integrated into the destination value chain (SDG-2), ensuring access to education (SDG-4) and contributing to gender equality (SDG-5).

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The Tourism–Poverty Nexus: Does Tourism Spending Influence Poverty Rates? Empirical Evidence from Regional Vietnamese Data

Truc

Bentzen

2021

Journal of Poverty

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This paper addresses the question of whether tourism spending will decrease poverty. Real incomes and tourism spending are usually positively correlated, thus complicating the question of causality from tourism spending to poverty. Regional Vietnamese data are applied in a test of whether tourism spending -in a model of poverty -will increase the forecasting performance compared to a model including only incomes.The test results reveal no improvement of the forecasting performance when tourism spending is included.Thus, there is no evidence of a direct link from tourism spending to poverty, but there may be indirect effects via incomes.

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The Phenomenon of Tourism Poverty Trap: Is It Possible that Tourism Breaks the Vicious Circle of Poverty in Emerging Destinations?

Cited by 5 publications

References 34 publications

The Persistent Power of Behavioral Change: Long-Run Impacts of Temporary Savings Subsidies for the Poor

The Persistent Power of Behavioral Change: Long-Run Impacts of Temporary Savings Subsidies for the Poor

Tourism towards the well-being of Small Island Developing States: Tourism Agenda 2030

The Tourism–Poverty Nexus: Does Tourism Spending Influence Poverty Rates? Empirical Evidence from Regional Vietnamese Data

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