G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Risk Management of Daily Tourist Tax Revenues for the Maldives
Michael McAleer; Riaz Shareef; Bernardo da Veiga
发表日期2005
出处Climate Change and Sustainable Development
出版年2005
语种英语
摘要International tourism is the principal economic activity for Small Island Tourism Economies (SITEs). There is a strongly predictable component of international tourism, specifically the government revenue received from taxes on international tourists, but it is difficult to predict the number of international tourist arrivals which, in turn, determines the magnitude of tax revenue receipts. A framework is presented for risk management of daily tourist tax revenues for the Maldives, which is a unique SITE because it relies entirely on tourism for its economic and social development. As these receipts from international tourism are significant financial assets to the economies of SITEs, the time-varying volatility of international tourist arrivals and their growth rate is analogous to the volatility (or dynamic risk) in financial returns. In this paper, the volatility in the levels and growth rates of daily international tourist arrivals is investigated.
特色分类G18,C32,L83,D81
关键词Small Island Tourism Economies (SITEs),International tourist arrivals,Tourism tax,Volatility,Risk,Value-at-Risk (VaR),Sustainable Tourism-@-Risk (ST@R)
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/risk-management-of-daily-tourist-tax-revenues-for-the-maldives/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117249
推荐引用方式
GB/T 7714
Michael McAleer,Riaz Shareef,Bernardo da Veiga. Risk Management of Daily Tourist Tax Revenues for the Maldives. 2005.
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