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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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Author Info

  • Noriko Ishikawa

    (Graduate School of Science and Technology, Kobe University)

  • Mototsugu Fukushige

    ()
    (Graduate School of Economics, Osaka University)

Abstract

The Amami Islands are located 380 kilometers 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

Paper provided by Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP) in its series Discussion Papers in Economics and Business with number 05-24.

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Length: 18 pages
Date of creation: Sep 2005
Date of revision:
Handle: RePEc:osk:wpaper:0524

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Web page: http://www.econ.osaka-u.ac.jp/
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Related research

Keywords: Tourism Multiplier; Fiscal Multiplier; Remote Islands; Amami Islands;

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References

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  1. 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.
  2. 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.
  3. 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.
  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. Rukmani Gounder, 2001. "Aid-growth nexus: empirical evidence from Fiji," Applied Economics, Taylor & Francis Journals, vol. 33(8), pages 1009-1019.
  6. 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.
  7. 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.
  8. 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.
  9. Francesco Aiello, 1999. "Effects of STABEX on ACPs' economic growth: Further evidence," Applied Economics, Taylor & Francis Journals, vol. 31(9), pages 1033-1042.
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Citations

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Cited by:
  1. 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.
  2. 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.
  3. repec:ebl:ecbull:v:3:y:2008:i:21:p:1-8 is not listed on IDEAS
  4. 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.
  5. 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.
  6. 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).

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