Description: Tourism Sector in Panama : Regional Economic Impacts and the Potential to Benefit the Poor

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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 lagging regions are under debate. Many studies have evaluated the growth impacts of the tourism sector but few have analyzed...

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Bibliographic Details
Main Authors:	Klytchnikova, Irina, Dorosh, Paul
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ACCOMMODATIONS ACCURATE ASSESSMENT ADVENTURE TOURISM AIR AIRPORT ARTISANS BASIC BEACHES BRIDGE CAPITAL INVESTMENT CAR CAR RENTAL CARIBBEAN COAST COASTAL AREAS COASTAL TOURISM CONSUMER SPENDING CONSUMERS CONTACT WITH TOURISTS CRAFT CRUISE CRUISE SHIPS CULTURAL HERITAGE CULTURAL SITE CULTURAL TOURISM DOMESTIC FLIGHTS DOMESTIC TOURISM DOMESTIC TOURISTS ECONOMIC GROWTH ECONOMIC IMPACTS OF TOURISM ECONOMIC IMPACTS OF TOURISM DEVELOPMENT ECOTOURISM ENTRY POINTS EXCURSIONS FISHING FOREIGN TOURIST FOREIGN TOURISTS FOREIGN VISITORS GOVERNMENT POLICIES HANDICRAFTS HOTEL HOTEL OPERATORS HOTELS IMPACT OF TOURISM IMPACTS OF TOURISM INDIGENOUS COMMUNITIES INDIGENOUS COMMUNITY INDIGENOUS GROUPS INTERNATIONAL TOURISM INTERNATIONAL TOURIST INTERNATIONAL TOURIST ARRIVALS INTERNATIONAL TOURISTS INTERNATIONAL TRANSPORT INTERNATIONAL TRAVEL LOCAL FOOD LOCAL TRANSPORTATION LODGING MASS TOURISM MESOAMERICAN BIOLOGICAL CORRIDOR MINING NATURAL AREAS NATURAL HABITATS NATURAL RESOURCES NUMBER OF TOURISTS PACKAGE TOUR PASSENGERS PERSONAL TRAVEL REAL ESTATE RECREATION RESORTS RESTAURANTS SAFETY SOUVENIRS SPORTS SUSTAINABLE TOURISM TEXTILES TOUR TOUR OPERATORS TOURISM TOURISM AUTHORITY TOURISM DEMAND TOURISM DESTINATIONS TOURISM DEVELOPMENT TOURISM ECONOMY TOURISM FLOWS TOURISM GROWTH TOURISM INDUSTRY TOURISM RECEIPTS TOURISM REVENUES TOURISM SATELLITE ACCOUNT TOURISM SECTOR TOURIST ACCOMMODATION TOURIST ARRIVALS TOURIST DESTINATIONS TOURIST EXPENDITURE TOURIST REVENUES TOURISTS TRANSIT TRANSIT PASSENGERS TRANSPORT TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION INFRASTRUCTURE TRAVELERS TRIP TRIPS TRUE UNCONTROLLED TOURISM DEVELOPMENT VACATION VISITOR VISITORS WORLD TOURISM WORLD TOURISM ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2012/08/16648506/tourism-sector-panama-regional-economic-impacts-potential-benefit-poor http://hdl.handle.net/10986/12025

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Summary:	Tourism is one of Latin America's fastest growing industries but the impact of tourism on the poor and the effects on lagging 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. As a country marked by a "dual economy," Panama shares with other Latin American countries a fast growing, modern urban sector side by side with impoverished rural and peri-urban populations. Tourism has been growing in Panama and contributes at least 6 percent of gross domestic product. This paper presents the results of a top-down assessment of the impact of tourism spending on growth and poverty at the regional (province) level in Panama using a Social Accounting Matrix model. As revealed by this study, the tourism sector has large multiplier effects on the Panamanian economy and has the potential for significant benefits to the poor. But tourism's poverty benefits are neither automatic nor ubiquitous. They depend on where and how supply chains are structured and on the way tourists spend their money.