IDEAS home Printed from https://ideas.repec.org/p/tsa/wpaper/0163mkt.html
   My bibliography  Save this paper

An Analysis Of The Reliance Of Small Island Developing States On Tourism

Author

Listed:
  • David Bojanic

    (UTSA)

Abstract

Small Island Developing States (SIDS) include low-lying coastal countries that share similar sustainable development challenges. For example, SIDS have limitations in regards to the raw materials, skilled labor, and technology necessary to compete in the global export markets. Therefore, tourism has become one of the most important industries in most SIDS and it is important to understand the true nature and impact of tourism in these countries. The purpose of this paper is to examine the reliance on tourism by SIDS countries relative to Non-SIDS countries. This study uses panel data from 1995 through 2010 for all of the countries in the five regions where there are SIDS. The findings demonstrate that there is a significant difference in tourism as a percentage of GDP, with SIDS having a higher percentage. Also, the comparison of other tourism variables suggests that SIDS rely more on tourism than Non-SIDS.

Suggested Citation

  • David Bojanic, 2013. "An Analysis Of The Reliance Of Small Island Developing States On Tourism," Working Papers 0163mkt, College of Business, University of Texas at San Antonio.
    • Handle: RePEc:tsa:wpaper:0163mkt
    as

    Download full text from publisher

    File URL: http://interim.business.utsa.edu/wps/mkt/0006MKT-578-2013.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Javier Capó Parrilla & Antoni Riera Font & Jaume Rosselló Nadal, 2005. "Dutch Disease in Tourism Economies. Evidence from Spain," CRE Working Papers (Documents de treball del CRE) 2005/01, Centre de Recerca Econòmica (UIB ·"Sa Nostra"), revised Jan 2005.
    2. Craigwell, Roland & Maurin, Alain, 2007. "A sectoral analysis of Barbados’ GDP business cycle," MPRA Paper 33428, University Library of Munich, Germany.
    3. Winston H. Griffith, 2002. "A Tale of Four CARICOM Countries," Journal of Economic Issues, Taylor & Francis Journals, vol. 36(1), pages 79-106, March.
    4. Fathimath Ghina, 2003. "Sustainable Development in Small Island Developing States," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 5(1), pages 139-165, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fabio Mazzola & Pietro Pizzuto & Giovanni Ruggieri, 2022. "Tourism and territorial growth determinants in insular regions: A comparison with mainland regions for some European countries (2008–2019)," Papers in Regional Science, Wiley Blackwell, vol. 101(6), pages 1331-1382, December.
    2. Bojanic, David C. & Lo, Melody, 2016. "A comparison of the moderating effect of tourism reliance on the economic development for islands and other countries," Tourism Management, Elsevier, vol. 53(C), pages 207-214.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bojanic, David C. & Lo, Melody, 2016. "A comparison of the moderating effect of tourism reliance on the economic development for islands and other countries," Tourism Management, Elsevier, vol. 53(C), pages 207-214.
    2. Giovanni Ruggieri & Patrizia Calò, 2022. "Tourism Dynamics and Sustainability: A Comparative Analysis between Mediterranean Islands—Evidence for Post-COVID-19 Strategies," Sustainability, MDPI, vol. 14(7), pages 1-13, March.
    3. Corral, Leonardo R. & Schling, Maja, 2017. "The impact of shoreline stabilization on economic growth in small island developing states," Journal of Environmental Economics and Management, Elsevier, vol. 86(C), pages 210-228.
    4. Brida, Juan Gabriel & London, Silvia & Rojas, Mara, 2012. "El turismo como motor de crecimiento económico: impacto de las preferencias intertemporales de los agentes [The tourism as economic growth engine: the impact of the agents time preferences]," MPRA Paper 36607, University Library of Munich, Germany.
    5. Ozdemir, Dicle, 2019. "Sectoral Business Cycle Asymmetries and Regime Shifts: Evidence from Turkey," Asian Journal of Applied Economics, Kasetsart University, Center for Applied Economics Research, vol. 26(2), December.
    6. Brida, Juan Gabriel & Pereyra, Juan Sebastián & Such, María Jesús & Pulina, Manuela, 2011. "Causalidad entre turismo y crecimiento económico de largo plazo: una revisión crítica de la literatura econométrica [Causality between tourism and long-term economic growth: a critical review of th," MPRA Paper 37332, University Library of Munich, Germany, revised 2011.
    7. Leonardo Corral & Maja Schling & Cassandra Rogers & Janice Cumberbatch & Fabian Hinds & Naijun Zhou & Michele H. Lemay, 2016. "The Impact of Coastal Infrastructure Improvements on Economic Growth: Evidence from Barbados," IDB Publications (Working Papers) 95978, Inter-American Development Bank.
    8. Francesco Macheda & Roberto Nadalini, 2020. "The Danger of a “Geyser Disease†Effect: Structural Fragility of the Tourism-Led Recovery in Iceland," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(1), pages 50-76, March.
    9. Francesco Macheda & Roberto Nadalini, 2019. "The Danger of a “Geyser Disease” Effect: Structural Fragility of the Tourism-Led Recovery in Iceland," Working Papers 0038, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
    10. Robertico Croes & Manuel A. Rivera, 2017. "Tourism’s potential to benefit the poor," Tourism Economics, , vol. 23(1), pages 29-48, February.
    11. José María Martín Martín & Jose Manuel Guaita Martínez & José Antonio Salinas Fernández, 2018. "An Analysis of the Factors behind the Citizen’s Attitude of Rejection towards Tourism in a Context of Overtourism and Economic Dependence on This Activity," Sustainability, MDPI, vol. 10(8), pages 1-18, August.
    12. Robertico Croes, 2014. "The Role of Tourism in Poverty Reduction: An Empirical Assessment," Tourism Economics, , vol. 20(2), pages 207-226, April.
    13. Ermanno Affuso & Khandokar M. Istiak & Alex Sharland, 2022. "Sovereign wealth funds and economic growth," Journal of Asset Management, Palgrave Macmillan, vol. 23(3), pages 201-214, May.
    14. Jessica Mercer & Tiina Kurvits & Ilan Kelman & Stavros Mavrogenis, 2014. "Ecosystem-Based Adaptation for Food Security in the AIMS SIDS: Integrating External and Local Knowledge," Sustainability, MDPI, vol. 6(9), pages 1-32, August.
    15. Nesrin Tuncay & Ceyhun Can Özcan, 2020. "The effect of Dutch disease in the tourism sector: the case of Mediterranean countries," Tourism and Hospitality Management, University of Rijeka, Faculty of Tourism and Hospitality Management, vol. 26(1), pages 97-114, June.
    16. Corral, Leonardo & Schling, Maja & Rogers, Cassandra & Cumberbatch, Janice & Hinds, Fabian & Zhou, Naijun & Lemay, Michele H., 2016. "The Impact of Coastal Infrastructure Improvements on Economic Growth: Evidence from Barbados," IDB Publications (Working Papers) 7860, Inter-American Development Bank.
    17. Tan Yigitcanlar & Jamile Sabatini-Marques & Cibele Lorenzi & Nathalia Bernardinetti & Tatiana Schreiner & Ana Fachinelli & Tatiana Wittmann, 2018. "Towards Smart Florianópolis: What Does It Take to Transform a Tourist Island into an Innovation Capital?," Energies, MDPI, vol. 11(12), pages 1-32, November.
    18. Tanja Broz & Dinko Dubravcic, 2011. "The Dutch Disease in Unwonted Places. Why has Croatia been Infected while Slovenia Remains in Good Health?," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 9(1), pages 47-66.
    19. Bhaghoe, Sailesh, 2018. "A Monthly Economic Activity Index System for Suriname," EconStor Preprints 226693, ZBW - Leibniz Information Centre for Economics.
    20. Christopher R. Loeffler & Luciana Tartaglione & Miriam Friedemann & Astrid Spielmeyer & Oliver Kappenstein & Dorina Bodi, 2021. "Ciguatera Mini Review: 21st Century Environmental Challenges and the Interdisciplinary Research Efforts Rising to Meet Them," IJERPH, MDPI, vol. 18(6), pages 1-27, March.

    More about this item

    Keywords

    Small Island Developing States (SIDS); tourism trade; economic development; panel data.;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F10 - International Economics - - Trade - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tsa:wpaper:0163mkt. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wendy Frost (email available below). General contact details of provider: https://edirc.repec.org/data/cbutsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.