Mohan, Preeya; Strobl, Eric (2023). Tourism and tax revenue: evidence from stay-over tourists in the Eastern Caribbean. Current issues in tourism, 27(8), pp. 1185-1207. Taylor & Francis 10.1080/13683500.2023.2202307
Full text not available from this repository.This paper investigated the impact of international stay-over arrivals on tax revenue for tourism-dependent Small Island Developing States (SIDS). To this end, we constructed a unique monthly panel data set of stay-over arrivals and tax revenue and its various components for the period 2002–2018 for Eastern Caribbean SIDS. A Bartik-type instrumental variables estimator exploiting differences in the exposure to and the extent of shocks in the origin markets was used to quantify the impact of stay-over arrivals on tax revenue and its different sources. Our results showed a large cumulative positive elasticity to tourism arrivals of 26.98% for total revenue, 26.86% for goods and services revenue, 23.62% for international trade and transactions revenue, 20.5% for income and profits revenue and 5.54% for property revenue. The findings demonstrate the region’s strong dependence on tourism for government income.
Item Type: |
Journal Article (Original Article) |
|---|---|
Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Economics 10 Strategic Research Centers > Oeschger Centre for Climate Change Research (OCCR) |
UniBE Contributor: |
Strobl, Eric Albert |
Subjects: |
300 Social sciences, sociology & anthropology > 330 Economics |
ISSN: |
1368-3500 |
Publisher: |
Taylor & Francis |
Language: |
English |
Submitter: |
Julia Alexandra Schlosser |
Date Deposited: |
18 Dec 2023 08:32 |
Last Modified: |
16 Jun 2024 02:20 |
Publisher DOI: |
10.1080/13683500.2023.2202307 |
URI: |
https://boris.unibe.ch/id/eprint/190036 |
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