The economic impact of tourism in SIDS

Stephen Albert Pratt

Research output: Journal article publicationJournal articleAcademic researchpeer-review

101 Citations (Scopus)

Abstract

Small Island Developing States (SIDS) are faced with many challenges to economic development. Tourism is seen as a viable, and sometimes, only means of economic growth. This research compares the economic impact of tourism to seven SIDS. The research employs input output analysis, linkage analysis and a CGE model to assess the macroeconomic and sectoral impacts of increased tourism in these islands. The findings show that the transportation sector remains a key sector. The tourism income multipliers show that tourism generates a large amount of economic activity but the income that remains in the destinations is often very small. The results show that taking advantage of economies of scale maybe a way to maximize the benefits from tourism.
Original languageEnglish
Pages (from-to)148-160
Number of pages13
JournalAnnals of Tourism Research
Volume52
DOIs
Publication statusPublished - 1 May 2015

Keywords

  • Computable general equilibrium model
  • Economic impact
  • Input output analysis
  • Islands
  • Linkages
  • SIDS

ASJC Scopus subject areas

  • Development
  • Tourism, Leisure and Hospitality Management

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