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The Dynamic Impact of biodiversity on Tourism: empirical evidence from Gambia

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  • Darboe, sarjo

Abstract

The recent infrastructural development and industrial actions around tourism development areas has increased which led to the degradation of coastal sites and protected areas in the Gambia, posing a threat to biodiversity loss and ecotourism. Thus, the research investigated the impact of biodiversity on tourism in The Gambia using the ARDL model between the periods of 1995-2020. The analysis has shown that biodiversity promotes tourism both in the short and long term. Similarly, economic growth has a positive impact on tourism. One of the policy implications is that, since tourism industry depends on the existence of biodiversity, therefore, biodiversity preservation should be a major interest for business sustainability by allocating resources for its preservation, in order to increase the viability of the sector.

Suggested Citation

  • Darboe, sarjo, 2024. "The Dynamic Impact of biodiversity on Tourism: empirical evidence from Gambia," MPRA Paper 120063, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:120063
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    References listed on IDEAS

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    More about this item

    Keywords

    biodiversity; tourism sector; The Gambia; ARDL; economic growth.;
    All these keywords.

    JEL classification:

    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy

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