International Journal of Tourism Research · 2012 · 16 citations · 14 references
Tourism ManagementTourism PerformanceTourism SupplyInternational TourismDevelopment EconomicsTourism Receipts ContributeTourism ReceiptsInter‐temporal Budget ApproachTourism DemandEcotourismHealth SciencesEconomicsAccountingSocial ImpactCurrent Account DeficitsTourism PlanningDestination MarketingEconomic PolicyBusinessCase StudyTourismForeign Exchange
ABSTRACT Given Barbados’ recent history of persistent current account deficits and reliance on tourism as a major source of foreign exchange and driver of the economy, this paper investigated the contribution of tourism receipts to the sustainability of Barbados’ current account deficits. Utilizing an inter‐temporal budget approach, it was found that Barbados’ current account deficits were weakly sustainable as a result of tourism's contribution, underscoring the island's dependence on the industry. Copyright © 2012 John Wiley & Sons, Ltd.
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