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Introduction; II. An Analytical Framework; III. Data; Table 1. Arrivals by Selected Regions and OECD Groups; Table 2. OECD Groupings by Labor Market Characteristics; Figure 1. U.S. Unemployment and Tourist Arrivals by Caribbean Country Groups; Figure 2. OECD Unemployment Grouped by Labor Market Characteristics; Figure 3. Tests for Unit Roots in Tourist Arrivals; Figure 4. OECD Real Wage Changes Against Hotel Price Inflation, 2009; IV. Empirical Results; Table 3. OLS Regressions of Tourism Arrivals on OECD Unemployment 327 $aTable 4. Estimates of the Determinants of Tourist ArrivalsTable 5. Model Fit of Tourist Arrivals; Table 6. Estimates of the Consumer Elasticity of Substitution; V. The Role of Changing U.S. Travel Costs to Cuba; Figure 5. Arrivals from U.S. and Close Relatives to Cuba, 1990-2009; Figure 6. Arrivals from Cubans Abroad and the Rest of the World, 2005-09; Figure 7. Income Per-Capita of OECD Countries and Cubans; Figure 8. Revenue per Tourist, Cuba and Dominican Republic; Figure 9. Customs Revenue Schedule, Selected Caribbean Countries; Table 7. Consular Fees for Selected LAC Countries 327 $aVI. ConclusionsAppendix I; References; Footnotes 330 $aThis study measures the impact of changing economic conditions in OECD countries on tourist arrivals to countries/destinations in Latin America and the Caribbean. A model of utility maximization across labor, consumption of goods and services at home, and consumption of tourism services across monopolistically competitive destinations abroad is presented. The model yields estimable equations arrivals as a function of OECD economic conditions and the elasticity of substitution across tourist destinations. Estimates suggest median tourism arrivals decline by at least three to five percent in res 410 0$aIMF Working Papers 606 $aTourism$zLatin America$xEconometric models 606 $aBusiness cycles$zLatin America$xEconometric models 606 $aGlobal Financial Crisis, 2008-2009 606 $aTourists$zOECD countries$xEconometric models 606 $aEuropeans$xTravel$zLatin America$xEconometric models 608 $aElectronic books. 615 0$aTourism$xEconometric models. 615 0$aBusiness cycles$xEconometric models. 615 0$aGlobal Financial Crisis, 2008-2009. 615 0$aTourists$xEconometric models. 615 0$aEuropeans$xTravel$xEconometric models. 700 $aRomeu$b Rafel$0936423 701 $aWolfe$b Andrew M$0936424 712 02$aInternational Monetary Fund.$bWestern Hemisphere Dept. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910451828203321 996 $aRecession and policy transmission to Latin American tourism$92109333 997 $aUNINA LEADER 01231nas 2200349 a 450 001 9910895754303321 005 20240413022243.0 035 $a(CKB)110978976779081 035 $a(CONSER)sn 92020753 035 $a(DE-599)ZDB3109962-2 035 $a(EXLCZ)99110978976779081 100 $a20751019a19709999 uy a 101 0 $aeng 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 04$aThe Haryana veterinarian 210 $aHissar, India $cCollege of Veterinary Medicine, Haryana Agricultural University 215 $a1 online resource 300 $aPublished by: College of Veterinary Sciences, Dec. 1973- 311 08$aPrint version: The Haryana veterinarian. 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