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The economic impact of tourism in SIDS

Pratt, Stephen (2015) The economic impact of tourism in SIDS. Annals of Tourism Research, 52 . 148 - 160. ISSN 0160-7383

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    Small Island Developing States (SIDS) are faced with many challenges to economic development. Tourism is seen as a viable, and sometimes, only means of economic growth. This research compares the economic impact of tourism to seven SIDS. The research employs input output analysis, linkage analysis and a CGE model to assess the macroeconomic and sectoral impacts of increased tourism in these islands. The findings show that the transportation sector remains a key sector. The tourism income multipliers show that tourism generates a large amount of economic activity but the income that remains in the destinations is often very small. The results show that taking advantage of economies of scale maybe a way to maximize the benefits from tourism.

    Item Type: Journal Article
    Uncontrolled Keywords: SIDS, Islands, Economic impact, Computable general equilibrium model, Input output analysis, Linkages
    Subjects: H Social Sciences > H Social Sciences (General)
    Divisions: Faculty of Business and Economics (FBE) > School of Tourism and Hospitality Management
    Depositing User: Stephen Pratt
    Date Deposited: 14 Feb 2019 11:22
    Last Modified: 14 Feb 2019 11:22

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