Click here for search results
Tourism sector in Panama : regional economic impacts and the potential to benefit the poor
 
Author:Klytchnikova, Irina; Dorosh, Paul; Collection Title:Policy Research working paper ; no. WPS 6183
Country:Panama; Date Stored:2012/08/29
Document Date:2012/08/01Document Type:Policy Research Working Paper
SubTopics:Cultural Policy; Tourism and Ecotourism; Transport Economics Policy & Planning; Accommodation & Tourism Industry; Cultural Heritage & PreservationLanguage:English
Region:Latin America & CaribbeanReport Number:WPS6183
Volume No:1 of 1  

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.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 25 pagesOfficial version*1.75 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.



Permanent URL for this page: http://go.worldbank.org/JCTSYAUXV0