Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor

Tourism is one of Latin America's fastest growing industries, but the impact of tourism on the poor and the effects on developing regions are under debate. Many studies have evaluated the growth impacts of the tourism sector but few have analyzed the impact of tourism on the economy and poverty at t...

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Main Authors: Klytchnikova, Irina, Dorosh, Paul A.
Format: Journal Article
Language:Inglés
Published: Wiley 2013
Subjects:
Online Access:https://hdl.handle.net/10568/152980
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author Klytchnikova, Irina
Dorosh, Paul A.
author_browse Dorosh, Paul A.
Klytchnikova, Irina
author_facet Klytchnikova, Irina
Dorosh, Paul A.
author_sort Klytchnikova, Irina
collection Repository of Agricultural Research Outputs (CGSpace)
description Tourism is one of Latin America's fastest growing industries, but the impact of tourism on the poor and the effects on developing regions are under debate. Many studies have evaluated the growth impacts of the tourism sector but few have analyzed the impact of tourism on the economy and poverty at the subnational level in developing countries. This paper presents the results of a top‐down assessment of the impact of tourism spending on growth and poverty at the regional level in Panama using a Social Accounting Matrix multiplier model. As revealed by this study, the tourism sector has large multiplier effects on the Panamanian economy — higher than the Panama Canal and almost twice as high as the textiles sector or Free Zone of Colon — and has the potential for significant benefits to the poor, but these benefits depend on where and how supply chains are structured and on the way tourists spend their money.
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spelling CGSpace1529802024-11-15T08:53:06Z Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor Klytchnikova, Irina Dorosh, Paul A. cultural methods cultural factors cultural behaviour cultural heritage ecotourism tourism transport economic policies Tourism is one of Latin America's fastest growing industries, but the impact of tourism on the poor and the effects on developing regions are under debate. Many studies have evaluated the growth impacts of the tourism sector but few have analyzed the impact of tourism on the economy and poverty at the subnational level in developing countries. This paper presents the results of a top‐down assessment of the impact of tourism spending on growth and poverty at the regional level in Panama using a Social Accounting Matrix multiplier model. As revealed by this study, the tourism sector has large multiplier effects on the Panamanian economy — higher than the Panama Canal and almost twice as high as the textiles sector or Free Zone of Colon — and has the potential for significant benefits to the poor, but these benefits depend on where and how supply chains are structured and on the way tourists spend their money. 2013-05 2024-10-01T13:55:25Z 2024-10-01T13:55:25Z Journal Article https://hdl.handle.net/10568/152980 en Limited Access Wiley Klytchnikova, Irina; and Dorosh, Paul A. 2013. Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor. Natural Resources Forum 37(2): 70-79. Special Issue on Tourism. https://doi.org/10.1111/1477-8947.12019
spellingShingle cultural methods
cultural factors
cultural behaviour
cultural heritage
ecotourism
tourism
transport
economic policies
Klytchnikova, Irina
Dorosh, Paul A.
Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor
title Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor
title_full Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor
title_fullStr Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor
title_full_unstemmed Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor
title_short Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor
title_sort tourism sector in panama regional economic impacts and the potential to benefit the poor
topic cultural methods
cultural factors
cultural behaviour
cultural heritage
ecotourism
tourism
transport
economic policies
url https://hdl.handle.net/10568/152980
work_keys_str_mv AT klytchnikovairina tourismsectorinpanamaregionaleconomicimpactsandthepotentialtobenefitthepoor
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