Publication: On Linkages and Leakages: Measuring the Secondary Effects of Tourism
No Thumbnail Available
Date
2010
ISSN
13504851
Published
2010
Author(s)
Editor(s)
Abstract
Tourism multipliers are widely used tools of services trade analysis. Yet, their derivation and interpretation has often been inconsistent and confusing. This article presents a unifying approach for calculating indicators of tourism linkages and leakages, derives these multipliers for a large sample of more than 150 countries and statistically assesses the relationship among the multipliers, along with several other economic indicators. Contrary to widely held views, the multipliers for tourism linkages and leakages are noncomplementary, as they are based on different economic concepts, so that no particular correlation is to be expected. This independence is confirmed in the empirical cross-country analysis. Moreover, the analysis finds a positive association between the degree of linkages and per-capita income, trade openness and the friendliness of the business climate.
Link to Data Set
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Citations
Collections
Related items
Showing items related by metadata.
Publication Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean(2009)There exist legal channels for informational lobbying of US policymakers by foreign principals. Foreign governments and private sector principals frequently and intensively use this institutional channel to lobby on trade and tourism issues. This paper empirically studies whether such lobbying effectively achieves its goal of trade promotion in the context of Caribbean tourism, and suggests the potential for using foreign lobbying as a vehicle for development. Panel data are used to explore and quantify the association between foreign lobbying by Caribbean principals and US tourist arrivals to Caribbean destinations. A variety of sensitivity analyses support the finding of a strong association. The policy implications are obvious and potentially important for developing countries.Publication Debt Enforcement around the World(2008)Insolvency practitioners from 88 countries describe how debt enforcement will proceed against an identical hotel about to default on its debt. We use the data on time, cost, and the likely disposition of the assets (preservation as a going concern vs. piecemeal sale) to construct a measure of the efficiency of debt enforcement in each country. This measure is strongly correlated with per capita income and legal origin and predicts debt market development. Several characteristics of debt enforcement procedures, such as the structure of appeals and availability of floating charge finance, influence efficiency.Publication Kenya's Tourism : Polishing the Jewel(Washington, Dc, 2010)Kenya's tourism product lines and its source markets function in a cross-sectoral context, which leads to cross-cutting public and private sector issues. Tourism has played a major role in Kenya's development despite economic jolts from time-to-time by internal and external shocks. In 2006 and 2007 the economy grew rapidly and tourism, after a jolt in early 2008, rebounded thanks to market conditions and some solid marketing. The global recession, of course, has since intervened, and Kenya will have to continue with bold and committed actions if it is to regain its iconic position in world tourism. Value chain analysis of safari, coastal, and business and conference tourism highlights constraints and opportunities. Current tourism enterprises are hampered by significant taxation and regulation. Peaks and valleys in tourism flows have exacerbated already limited access to capital necessary for the sector to be competitive. The key to sustainability lies in Kenya's ability to provide a mix of tourism products -safari, coastal, cultural/heritage and business and conference - while protecting the very assets these products celebrate.Publication Malawi - Travel and Tourism : Realizing the Potential(World Bank, 2010-12-01)Malawi sits amid a vibrant Travel and Tourism (T&T) region that is growing rapidly and increasing its world market share. Proximate to countries with thriving T&T sectors, Malawi has a relatively underdeveloped diversity of natural, cultural, and man-made attractions. It is challenged to embrace effective policies that will enable public and private sector alignment to achieve a viable niche as an economically productive, multi experience destination in its own right. It is important to view tourism as a national priority across sectors and ministries in Malawi. Thus, there is the need to better understand the economic potential of Malawi's T&T sector and recommend strategies to promote a level of competitiveness that leads to further economic growth, employment generation, and poverty reduction. The goal is to identify the economic potential of T&T in Malawi. The objective of T&T in Malawi is to delivering economic growth and diversification is to analyze the value of T&T in Malawi.Publication Ethiopia - In Makeda's Footsteps : Towards a Strategy for Pro-Poor Tourism Development(Washington, DC, 2006-06)The Government of Ethiopia (GOE) has set in train an initiative to develop the tourism sector in Ethiopia. This study supports this objective through in depth analysis of the supply and demand sides of the sector and by proposing a focused and viable strategy to grow tourist visitation and revenues whilst supporting the GOE poverty reduction goals. The study identified that tourism generated approximately US$ 132 million in in country expenditure revenue from a base of about 150,000 foreign visitors who came to Ethiopia for various purposes such as leisure, business and conferences and to visit friends and relatives. The study established that each of these categories of visitor have different expenditure and length of stay characteristics and based on this suggests a strategy of focusing on the development of leisure tourism, identifying this as the segment with the most potential to deliver growth. A final theme focuses on the need to improve demand for tourism and to work on the image of Ethiopia. Several strategies are suggested including marketing and business development support for Ethiopian tour operators and accommodation owners. A major issue identified is that Ethiopia has little defined product being sold in the market place. It is expected that a strategy that defines product, develops it and improves its delivery will yield improved demand and image results.
Users also downloaded
Showing related downloaded files
No results found.