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

  • Noriko Ishikawa
  • Mototsugu Fukushige

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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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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  1. 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.
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  4. Russell Davidson & James G. MacKinnon, 1980. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Working Papers 378, Queen's University, Department of Economics.
  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. Jacint Balaguer & Manuel Cantavella-Jordá, 2000. "Tourism As A Long-Run Economic Growth Factor: The Spanish Case," Working Papers. Serie EC 2000-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  7. 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.
  8. 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.
  9. 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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