IDEAS home Printed from https://ideas.repec.org/a/ris/ecoint/0394.html
   My bibliography  Save this article

The Impact of Growth in the Tourism Sector on Economic Development: The Experience of Selected Caribbean Countries

Author

Listed:

Abstract

This paper empirically examines the impact of tourism expansion on the economic development of selected Caribbean countries. Through the use of pooled data, the paper finds that tourism expansion has exerted a positive impact on the economic development of Barbados, Antigua and Barbuda, and Anguilla. The application of the error-correction methodology, however, produced results which suggested that the agricultural sector has contracted as the tourism sector expanded.

Suggested Citation

  • Modeste, Nelson C., 1995. "The Impact of Growth in the Tourism Sector on Economic Development: The Experience of Selected Caribbean Countries," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 48(3), pages 375-385.
    • Handle: RePEc:ris:ecoint:0394
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Moore, Winston R. & Harewood, Leandra & Grosvenor, Tiffany, 2010. "The Supply Side Effects of Climate Change on Tourism," MPRA Paper 21469, University Library of Munich, Germany.
    2. Bahman Huseynli, 2024. "The Effect of Tourism Revenues and Inflation on Economic Growth in Balkan Countries," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 150-165.
    3. -, 2011. "An assessment of the economic impact of climate change on the tourism sector in Saint Lucia," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38612, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Vanegas Sr., Manuel & Croes, Robertico, 2007. "Tourism, Economic Expansion and Poverty in Nicaragua: Investigating Cointegration and Causal Relations," Staff Papers 7306, University of Minnesota, Department of Applied Economics.
    5. Jerzy Korzeniewski & Maciej Kozłowski, 2020. "Development of tourism in Polish poviats in the years 2010–2017," Quality & Quantity: International Journal of Methodology, Springer, vol. 54(5), pages 1591-1612, December.
    6. Lin, Tun & De Guzman, Franklin, 2007. "Tourism for pro-poor and sustainable growth: economic analysis of tourism projects," MPRA Paper 24994, University Library of Munich, Germany.
    7. Anis Omri & Mohamed Shahbaz & Anissa Chaibi & Christophe Rault, 2015. "A panel analysis of the effects of oil consumption, international tourism, environmental quality and political instability on economic growth in MENA region," Working Papers 2015-613, Department of Research, Ipag Business School.
    8. Holzner, Mario, 2011. "Tourism and economic development: The beach disease?," Tourism Management, Elsevier, vol. 32(4), pages 922-933.
    9. Arslanturk, Yalcin & Balcilar, Mehmet & Ozdemir, Zeynel Abidin, 2011. "Time-varying linkages between tourism receipts and economic growth in a small open economy," Economic Modelling, Elsevier, vol. 28(1-2), pages 664-671, January.
    10. Zia Ullah & Rana Tahir Naveed & Atta Ur Rehman & Naveed Ahmad & Miklas Scholz & Mohammad Adnan & Heesup Han, 2021. "Towards the Development of Sustainable Tourism in Pakistan: A Study of the Role of Tour Operators," Sustainability, MDPI, vol. 13(9), pages 1-17, April.
    11. Waheed Ahmad & Tariq Majeed & Zubaria Andlib, 2020. "Tourism Led Growth Hypothesis: Empirical Evidence From Five South Asian Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 9(1), pages 51-59, March.
    12. -, 2011. "An assessment of the economic impact of Climate Change on the Macroeconomy in the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 40037, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. Tang, Chor Foon & Abosedra, Salah, 2014. "The impacts of tourism, energy consumption and political instability on economic growth in the MENA countries," Energy Policy, Elsevier, vol. 68(C), pages 458-464.
    14. Robertico Croes & Manuel A. Rivera, 2017. "Tourism’s potential to benefit the poor," Tourism Economics, , vol. 23(1), pages 29-48, February.
    15. Faiza Manzoor & Longbao Wei & Muhammad Asif & Muhammad Zia ul Haq & Hafiz ur Rehman, 2019. "The Contribution of Sustainable Tourism to Economic Growth and Employment in Pakistan," IJERPH, MDPI, vol. 16(19), pages 1-14, October.
    16. Mosab I. Tabash & Suhaib Anagreh & Bilal Haider Subhani & Mamdouh Abdulaziz Saleh Al-Faryan & Krzysztof Drachal, 2023. "Tourism, Remittances, and Foreign Investment as Determinants of Economic Growth: Empirical Evidence from Selected Asian Economies," Economies, MDPI, vol. 11(2), pages 1-15, February.
    17. -, 2011. "An assessment of the economic impact of climate change on the tourism sector in Montserrat," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38611, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:ecoint:0394. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Angela Procopio (email available below). General contact details of provider: https://edirc.repec.org/data/cacogit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.