The Dynamic Impact of biodiversity on Tourism: empirical evidence from Gambia

Sarjo Darboe

MPRA Paper from University Library of Munich, Germany

Abstract: Abstract The recent infrastructural development and industrial actions around tourism development areas has increased which led to the degradation of coastal sites and protected areas in the Gambia, posing a threat to biodiversity loss and ecotourism. Thus, the research investigated the impact of biodiversity on tourism in The Gambia using the ARDL model between the periods of 1995-2020. The analysis has shown that biodiversity promotes tourism both in the short and long term. Similarly, economic growth has a positive impact on tourism. One of the policy implications is that, since tourism industry depends on the existence of biodiversity, therefore, biodiversity preservation should be a major interest for business sustainability by allocating resources for its preservation, in order to increase the viability of the sector.

Keywords: biodiversity; tourism sector; The Gambia; ARDL; economic growth. (search for similar items in EconPapers)
JEL-codes: F64 F68 (search for similar items in EconPapers)
Date: 2024-02-07
New Economics Papers: this item is included in nep-env and nep-tur
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