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Tourism flows to Caribbean islands an empirical note

By: Material type: TextTextSeries: Applied Economics Letters ; Volume , number ,New York Taylor & Francis 2013Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): Online resources: Summary: This article examines the determinants of tourism flows to 31 small-island Caribbean economies, from 12 source countries, using an empirical approach that accounts for the inherent heterogeneity of the tourism product and tourism consumers. The results show that tourism flows from the source markets to the Caribbean are income elastic, with the exception of flows from Spain and the USA, but are not very sensitive to price changes.
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This article examines the determinants of tourism flows to 31 small-island Caribbean economies, from 12 source countries, using an empirical approach that accounts for the inherent heterogeneity of the tourism product and tourism consumers. The results show that tourism flows from the source markets to the Caribbean are income elastic, with the exception of flows from Spain and the USA, but are not very sensitive to price changes.

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