LEADER 04786nam 2200721 450 001 9910464020203321 005 20190214191848.0 010 $a1-4623-2552-1 010 $a1-4527-9448-0 010 $a9786612841132 010 $a1-282-84113-0 010 $a1-4518-7020-5 035 $a(CKB)3170000000055003 035 $a(EBL)1607840 035 $a(SSID)ssj0001488793 035 $a(PQKBManifestationID)11863883 035 $a(PQKBTitleCode)TC0001488793 035 $a(PQKBWorkID)11463818 035 $a(PQKB)11588299 035 $a(OCoLC)466183813 035 $a(MiAaPQ)EBC1607840 035 $a(EXLCZ)993170000000055003 100 $a20140226h20082008 uy 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 10$aVacation over $eimplications for the Caribbean of opening U.S.-Cuba tourism /$fRafael Romeu ; authorized for distribution by Andy Wolfe 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$dİ2008 215 $a1 online resource (64 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/162 300 $aDescription based upon print version of record. 311 $a1-4519-1473-3 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Adapting Gravity Trade Theory; III. Data; IV. Estimation; V. Conclusions; Tables; 1. Descriptive Statistics of Caribbean Tourism; 2. Destination Tourist Base Concentration; 3. OECD and Caribbean Country Groups; 4. Hurricanes Making Landfall, 1995-2004; 5. Gravity Estimates of Caribbean Tourism; 6. Cuba: Estimates of Bilateral Tourist Arrivals; 7. The Impact on the Caribbean of Opening U.S. tourism to Cuba; 8. Alternative Estimates of U.S.-Cuba Unrestricted Tourism in the Caribbean; 9. Model 1: Projected Arrivals from Gravity Estimates 327 $a10. Model 3: Long-term Gravity Estimation with Industry Costs Figures; 1. OECD Tourist Arrivals; 2. Cuba-U.S. Tourism Distortions; 3. Evolution of Cuba in Caribbean Tourism; 4. Distribution of Tourist within Destinations; 5. Top Five Clients of Caribbean Destinations, 1995-2004; 6. Top Five Destinations of OECD Visitors, 1995-2004; 7. Clustering by Tourism Preferences 1995-2004; 8. Clustering by Fundamentals and Culture; 9. Cost Comparison Across Caribbean; 10. Market Concentration Based on Hotel Rooms, 1996-2004; 11. Airlines Owned by OECD and Caribbean Countries 327 $a12. Modeling of Tourist from the U.S.A 13. Modeling of Tourist Arrivals to Cuba; 14. Hotel Capacity Utilization; 15. Before and After Assuming U.S. Tourists New to Caribbean; 16. Pie Chart of Visitor Distribution Assuming All New U.S. Tourists; 17. Before and After Assuming No New U.S. Tourists; 18. Pie Chart of Visitor Distribution Assuming No New U.S. Tourists; 19. Map Assuming U.S. Arrivals Divert from the Rest of the Caribbean; 20. Caribbean by U.S. Arrivals and OECD by Arrivals to Cuba; 21. Gravity Estimates of Long-term Adjustment of Destinations; 22. Pie Charts of Gravity Estimates 327 $a23. Gravity Estimates of Percent Change in Arrivals 24. OECD, Caribbean, Relative Size with Open Tourism; VI. References; VII. Appendix 330 $aAn opening of Cuba to U.S. tourism would represent a seismic shift in the Caribbean's tourism industry. This study models the impact of such a potential opening by estimating a counterfactual that captures the current bilateral restriction on tourism between the two countries. After controlling for natural disasters, trade agreements, and other factors, the results show that a hypothetical liberalization of Cuba-U.S. tourism would increase long-term regional arrivals. Neighboring destinations would lose the implicit protection the current restriction affords them, and Cuba would gain market sh 410 0$aIMF Working Papers 606 $aTourism$zCaribbean Area$xEconometric models 606 $aTourism$zCuba$xEconometric models 606 $aInternational economic relations$xEconometric models 606 $aTourism$xEconometric models 607 $aCuba$xForeign economic relations$zUnited States$xEconometric models 607 $aUnited States$xForeign economic relations$zCuba$xEconometric models 608 $aElectronic books. 615 0$aTourism$xEconometric models. 615 0$aTourism$xEconometric models. 615 0$aInternational economic relations$xEconometric models. 615 0$aTourism$xEconometric models. 676 $a338.47917290452 700 $aRomeu$b Rafael$01028311 701 $aWolfe$b Andy$01028312 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464020203321 996 $aVacation over$92444282 997 $aUNINA