How Long to Read Recession and Policy Transmission to Latin American Tourism

How Long Does it Take to Read Recession and Policy Transmission to Latin American Tourism?

It takes the average reader and 34 minutes to read Recession and Policy Transmission to Latin American Tourism by Mr.Andy M. Wolfe

Assuming a reading speed of 250 words per minute. Learn more

Description

This 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 response to a one percent increase in OECD unemployment, even after controlling for declines in OECD consumption and output gaps. Arrivals to individual destination are driven by differing exposure to OECD country groups sharing similar business cycle characteristics. Estimates of the elasticity of substitution suggest that tourism demand is highly price sensitive, and that a variety of costs to delivering tourism services drive market share losses in uncompetitive destinations. One recent cost change, the 2009 easing of restrictions on U.S. travel to Cuba, supported a small (countercyclical) boost to Cuba’s arrivals of U.S. non-family travel, as well as a pre-existing surge in family travel (of Cuban origin). Despite the US becoming Cuba’s second highest arrival source, Cuban policymakers have significant scope for lowering the relatively high costs of family travel from the United States.

How long is Recession and Policy Transmission to Latin American Tourism?

Recession and Policy Transmission to Latin American Tourism by Mr.Andy M. Wolfe is 34 pages long, and a total of 8,636 words.

This makes it 11% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Recession and Policy Transmission to Latin American Tourism Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Recession and Policy Transmission to Latin American Tourism aloud.

What Reading Level is Recession and Policy Transmission to Latin American Tourism?

Recession and Policy Transmission to Latin American Tourism is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Recession and Policy Transmission to Latin American Tourism?

Recession and Policy Transmission to Latin American Tourism by Mr.Andy M. Wolfe is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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