Boosting Tourism's Contribution to Growth and Development: Analysis of Evidence

Martín Cicowiez, Onil Banerjee and Emily Morris

No 8423, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: In this study we develop an evidence-based tool to help to guide policy and investment choices, to maximize developmental returns from tourism. Specifically, we develop a tourism-extended social accounting matrix and computable general equilibrium and microsimulation models customized for tourism investment analysis. To demonstrate the approach, we develop these data structures for Belize, at both national and regional levels. The framework developed herein can be used to quantify the direct and indirect, and short- and long-run impacts of tourism investments. Anticipating application of the approach to tourism investment analysis in the Central American Region, we provide a stock take of the availability of data to develop a similar suite of models for other countries in the region.

Keywords: ex-ante economic impact analysis; tourism investment analysis; tourism development; economy-wide model; microsimulation model; Belize; Central America (search for similar items in EconPapers)
Date: 2017-05
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Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Boosting tourism's contribution to growth and development: Analysis of the evidence (2018)
Working Paper: Boosting Tourism’s Contribution to Growth and Development: Analysis of Evidence (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:8423

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