The economics of small island tourism: international demand and country risk analysis
Shareef, Riaz
This study forms an entirely new area of research on Small Island Tourism Economies (SITEs). It addresses the importance of uncertainty in monthly international tourist arrivals and country risk indicators to the macroeconomy. Conditional volatilities are estimated for international tourist arrivals, and an economic interpretation from the estimated results is provided. In achieving these two objectives, this work presents an extensive assessment of the importantcharacteristics and the impact of tourism in SITEs in relation to their grossdomestic product, balance of payments, employment, and foreign direct investment, among other factors. This book is unique in giving emphasis to macroeconomic implications rather than an industry focus. "The Economics of Small IslandTourism" will appeal to academics at the under- and post-graduate levels involved in environmental and tourism management as well as tourism economics.
- ISBN: 978-1-84720-649-7
- Editorial: Edward Elgar
- Encuadernacion: Cartoné
- Páginas: 352
- Fecha Publicación: 31/12/2008
- Nº Volúmenes: 1
- Idioma: Inglés