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Impacts of tourism and fiscal expenditure to remote islands: the case of the Amami islands in Japan

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  • Noriko Ishikawa
  • Mototsugu Fukushige

Abstract

The Amami islands are located 380 km southwest of Japan proper. These islands have two economic features: they are islands that many tourists visit because of their natural resources and they are an undeveloped area where the central government of Japan provides large fiscal subsidies. We investigate the impacts of tourism and fiscal expenditure simultaneously. The results show that one tourist and about 52 000 yen (about US$480) fiscal expenditure are substitutable in the end.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 14 (2007)
Issue (Month): 9 ()
Pages: 661-666

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Handle: RePEc:taf:apeclt:v:14:y:2007:i:9:p:661-666

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References

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  1. Sef Baaijens & Peter Nijkamp & Kees Van Montfort, 1998. "Explanatory Meta-analysis for the Comparison and Transfer of Regional Tourist Income Multipliers," Regional Studies, Taylor & Francis Journals, vol. 32(9), pages 839-849.
  2. Azmat Gani, 1998. "Macroeconomic determinants of growth in the South Pacific island economies," Applied Economics Letters, Taylor & Francis Journals, vol. 5(12), pages 747-749.
  3. P. K. Narayan, 2003. "Macroeconomic impact of natural disasters on a small island economy: evidence from a CGE model," Applied Economics Letters, Taylor & Francis Journals, vol. 10(11), pages 721-723.
  4. Jacint Balaguer & Manuel Cantavella-Jorda, 2002. "Tourism as a long-run economic growth factor: the Spanish case," Applied Economics, Taylor & Francis Journals, vol. 34(7), pages 877-884.
  5. Francesco Aiello, 1999. "Effects of STABEX on ACPs' economic growth: Further evidence," Applied Economics, Taylor & Francis Journals, vol. 31(9), pages 1033-1042.
  6. MacKinnon, James G. & White, Halbert & Davidson, Russell, 1983. "Tests for model specification in the presence of alternative hypotheses : Some further results," Journal of Econometrics, Elsevier, vol. 21(1), pages 53-70, January.
  7. Davidson, Russell & MacKinnon, James G, 1981. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Econometrica, Econometric Society, vol. 49(3), pages 781-93, May.
  8. Baaijens, Sef & Nijkamp, Peter, 2000. "Meta-Analytic Methods for Comparative and Exploratory Policy Research: An Application to the Assessment of Regional Tourist Multipliers," Journal of Policy Modeling, Elsevier, vol. 22(7), pages 821-858, December.
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Cited by:
  1. Noor-e-Saher, 2011. "Impact of Oil Prices on Economic Growth and Exports Earning: In the Case of Pakistan and India," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(40), pages 117-151, June.
  2. Aviral Kumar Tiwari, 2011. "Tourism, Exports and FDI as a Means of Growth: Evidence from four Asian Countries," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(40), pages 131-151, June.
  3. Noriko Ishikawa & Mototsugu Fukushige, 2006. "Impacts of Tourism and Fiscal Expenditure on Remote Islands in Japan: A Panel Data Analysis," Discussion Papers in Economics and Business 06-21, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
  4. repec:ebl:ecbull:v:3:y:2008:i:21:p:1-8 is not listed on IDEAS
  5. Schubert, Stefan Franz & Brida, Juan Gabriel, 2009. "A Dynamic Model of Economic Growth in a Small Tourism Driven Economy," MPRA Paper 16737, University Library of Munich, Germany.
  6. Brida, Juan Gabriel & Barquet, Andrea & Risso, Wiston Adrián, 2009. "Causality between Economic Growth and Tourism Expansion: Empirical Evidence from Trentino - Alto Adige," MPRA Paper 25316, University Library of Munich, Germany, revised 14 Dec 2009.

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