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International Tourism, Demand, And Gdp Implications: A Background And Empirical Analysis, Michael Brakke
International Tourism, Demand, And Gdp Implications: A Background And Empirical Analysis, Michael Brakke
Undergraduate Economic Review
International tourism, a primary source of growth for many countries, is inadequately represented in the economic literature. This paper attempts to expand upon past research, thereby supplementing some deficiencies and posing new questions. A pooled model for international tourism demand is constructed for 85 countries using fixed-effects specification. In addition to conventional variables, a variable representing political conditions acts as a proxy for the many exogenous impacts that affect tourism. The nature of tourism volatility due to the exogenous shocks is discussed, and a statistical link between concentrations in tourism as an export good and GDP volatility is explored.
An Ecotourism Quality Label For Maine? Insights From Sweden’S “Nature’S Best" Initiative, David Vail
An Ecotourism Quality Label For Maine? Insights From Sweden’S “Nature’S Best" Initiative, David Vail
Maine Policy Review
Nature-based tourism may be one way to revitalize lagging rural economies. David Vail offers “food for thought” based on Sweden’s recent development of an accreditation and branding process for eco-tourism operations. For an eco-tourism product to be awarded the label “Nature’s Best,” the operator must undergo a voluntary accreditation process which certifies that a set of quality standards has been met. Vail notes that effective marketing, ongoing financing, and demonstrated economic payoff both to operators and to local areas are key to determining the long-term success of Sweden’s “Nature’s Best” process. Like Sweden, he suggests, Maine may be able to …