nep-tur 2009-01-31 papers

on Tourism Economics

Issue of 2009‒01‒31
two papers chosen by
Antonello Scorcu
University of Bologna

Long run economic growth and tourism: inferring from Uruguay By Stefania Lionetti; Juan Gabriel Brida; Wiston Adrián Risso
Hotel Tax Collections and a Local Mega-Event By Dennis Coates

Long run economic growth and tourism: inferring from Uruguay

By:	Stefania Lionetti (IRE, Facolta' di Scienze Economiche, University of Lugano, Switzerland); Juan Gabriel Brida (School of Economics and Management - Free University of Bolzano, Italy); Wiston Adrián Risso (Department of Economics - University of Siena, Italy)
Abstract:	Argentina is the principal source of tourism in Uruguay. This paper analyzes the effects in the long run of tourism from Argentina on the economic growth of Uruguay. Using quarterly data from 1987.I to 2006.IV, the study uses co-integration analysis and shows the existence of one cointegrated vector among Uruguayan real per capita GDP, Argentinean tourism expenditure, and real exchange rate between Uruguay and Argentina, and tests that the causality relationship positively goes in one way from Argentinean tourism expenditure to real per capita GDP of Uruguay.
Keywords:	economic growth, tourism earnings, Johansen cointegration test, Granger causality
JEL:	C22 E01 F43 L83 O54
Date:	2008
URL:	http://d.repec.org/n?u=RePEc:lug:wpaper:0901&r=tur

Hotel Tax Collections and a Local Mega-Event

By:	Dennis Coates (Department of Economics, University of Maryland, Baltimore County)
Abstract:	Cities compete for the opportunity to host events that draw large crowds of visitors. The argument is that these visitors bring with them lots of spending in hotels and restaurants, providing jobs for workers in the service industry, and generating sales tax revenues for the city. In many places, there is also a separate tax on hotel and motel accommodations. Indeed, taxes on accommodations are one example of jurisdictions exporting their tax burdens, as people who pay the accommodations taxes are visitors. This paper looks for the beneficial impact of a megaevent by focusing on the accommodations tax collections in and around the jurisdiction that hosts the event.
Keywords:	sports, South Carolina, NASCAR, college football, tourism
JEL:	L83
Date:	2009–01
URL:	http://d.repec.org/n?u=RePEc:spe:wpaper:0901&r=tur

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