The economics of small island tourism
Subtitle: international demand and country risk analysis
By: Riaz Shareef, Suhejla Hoti and Michael McAleer.
Contributors: Hoti, Suhejla.; McAleer, Michael.
Series: Fondazione Eni Enrico Mattei (FEEM) series on economics, the environment and sustainable development
Publisher: Edward Elgar
Published: 2008
Place of publication: Cheltenham, Glos, UK; Northampton, Mass
Language: eng
Number of pages: 332
ISBN-13: 9781847206497
Subjects: Tourism; Islands; States, Small
Description: "This study forms an entirely new area of research on Small Island Tourism Economies (SITEs). It addresses the importance of uncertainty in monthly international tourist arrivals and country risk indicators to the macroeconomy. Conditional volatilities are estimated for international tourist arrivals, and an economic interpretation from the estimated results is provided. In achieving these two objectives, this work presents an extensive assessment of the important characteristics and the impact of tourism in SITEs in relation to their gross domestic product, balance of payments, employment and foreign direct investment, among other factors. This book is unique in giving emphasis to macroeconomic implications rather than an industry focus.

The Economics of Small Island Tourism will appeal to academics at the undergraduate and postgraduate levels involved in environmental and tourism management as well as tourism economics."--BOOK JACKET.
Notes: Includes bibliographical references and index.