The Economic Complex Tourism Relationship

Mazilu, Mirela

doi:10.5593/sgem2014/b51/s20.097

Cited by 1 publication

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“…Another example is documented by Njoya and Nikitas (2020), who explain how to minimise imports of manufactured food in Senegal, reflecting on the effect of food and beverage processing, caused by tourism hotels and restaurants operating; and argue, by government backing agritourist development initiatives, such as farm-based accommodation, agricultural festivals, and farm-tours. Mazilu et al (2014) underline that tourism per se decreases dependence on local resources, as an increasing number of technologies, food, and health services are imported in today's globalised economy. Food imports for tourist consumption not only represent a waste of the Caribbean's precious foreign cash reserve, but also a loss of potential employment and income in agriculture, the poorest and slowest-growing sector of the economy (Belisle, 1994).…”

Section: Introductionmentioning

confidence: 99%

The food import: International tourism nexus in Croatia: An application of the ARDL and NARDL approach and causality

Šergo

Gržinić

2021

Ekonomika poljoprivrede

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The purpose of this study is to examine the relationship between food import dependency and the international tourist arrivals in Croatia during the period spanning 1969-2018. In this paper, we provide empirical evidence on the above hypothesis by detecting the causality between foods imports represented as various food products and international tourism arrivals, that suit as a proxy for tourism consumption. The study method was able to capture symmetries in the relationship between some food import products and tourism, known as autoregressive-distributed lags, but not for all imported food items designed for this study. Since an asymmetric analysis, in such cases, requires the use of nonlinear models, we use nonlinear models and find evidence of asymmetric cointegration. For almost two decades before the global COVID-19 crisis, we conclude, Croatia's food imports grew rapidly, and these imports appear to be mainly driven by exports of services linked to pervasive tourism expansion.

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Section: Introductionmentioning

confidence: 99%