The economic impacts of tourism-related private investment in Jamaica

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cepal.articleNo3
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/PUB.2022/3-P
cepal.docTypeRevistas
cepal.jelCodeL83
cepal.jelCodeC68
cepal.jelCodeI3
cepal.jelCodeO1
cepal.jobNumberRVI135_Cicowiez
cepal.physicalDescriptiondiagramas., gráficos., tablas.
cepal.sdg1
cepal.topicEngECONOMIC GROWTH
cepal.topicEngINDUSTRIAL DEVELOPMENT
cepal.topicEngTOURISM
cepal.topicSpaCRECIMIENTO ECONÓMICO
cepal.topicSpaDESARROLLO INDUSTRIAL
cepal.topicSpaTURISMO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSUSTAINABLE DEVELOPMENT AND HUMAN SETTLEMENTS
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaDESARROLLO SOSTENIBLE Y ASENTAMIENTOS HUMANOS
dc.contributor.authorCicowiez, Martín
dc.contributor.authorOrdóñez, Romina
dc.coverage.spatialEngJAMAICA
dc.coverage.spatialSpaJAMAICA
dc.date.accessioned2022-03-28T13:36:50Z
dc.date.available2022-03-28T13:36:50Z
dc.date.issued2021-12
dc.description.abstractThis study assesses the economy-wide impacts of private investment in the hotel industry in Jamaica. Specifically, the paper develops a tourism-extended social accounting matrix (SAM) and a dynamic computable general equilibrium (CGE) model tailored to the Jamaican economy. To analyse impacts in terms of poverty and inequality, the CGE model results are linked with a microsimulation model. The results demonstrate that private tourism investments leading to an expansion of foreign demand for tourism can have positive impacts on national economies in terms of gross domestic product (GDP), employment, household incomes and poverty reduction. However, the distribution of benefits is dependent on socioeconomic factors such as the distribution of factor endowments among households. At the sectoral level, sectors catering more directly to tourism experience the highest rates of growth, while more export-oriented sectors do not fare as well given the upward pressure on prices and the real exchange rate resulting from higher tourism spending.
dc.formatTexto
dc.format.extentpáginas. 47-7
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/PUB.2022/3-P
dc.identifier.urihttps://hdl.handle.net/11362/47817
dc.language.isoeng
dc.physicalDescriptionp. 47-79; diagrs., grafs., tabls.
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.isPartOfSeriesNo135
dc.relation.translationLanguagespa
dc.relation.translationRecordLas repercusiones económicas de la inversión privada en el sector del turismo en Jamaica
dc.relation.translationUrihttps://hdl.handle.net/11362/47704
dc.rights.coarDisponible
dc.subject.unbisEngTOURISM
dc.subject.unbisEngINVESTMENTS
dc.subject.unbisEngPRIVATE SECTOR
dc.subject.unbisEngHOTEL INDUSTRY
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngPOVERTY MITIGATION
dc.subject.unbisEngEQUALITY
dc.subject.unbisEngEVALUATION
dc.subject.unbisEngMATHEMATICAL MODELS
dc.subject.unbisSpaTURISMO
dc.subject.unbisSpaINVERSIONES
dc.subject.unbisSpaSECTOR PRIVADO
dc.subject.unbisSpaINDUSTRIA HOTELERA
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaMITIGACION DE LA POBREZA
dc.subject.unbisSpaIGUALDAD
dc.subject.unbisSpaEVALUACION
dc.subject.unbisSpaMODELOS MATEMATICOS
dc.titleThe economic impacts of tourism-related private investment in Jamaica
dc.type.coarartículo
dc.usergroupbiblioteca
dspace.entity.typePublication
relation.isAuthorOfPublication91e602a5-63c1-42a7-b46d-194958bdb37a
relation.isAuthorOfPublication52c5b758-2f11-4052-876e-8648512e19b9
relation.isAuthorOfPublication.latestForDiscovery91e602a5-63c1-42a7-b46d-194958bdb37a
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