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Author : Ranjith Ihalanayake
Publisher :
ISBN 13 :
Total Pages : 286 pages
Book Rating : 4.:/5 (222 download)
Download or read book Assessing the Economic Impact of International Tourism in Sri Lanka written by Ranjith Ihalanayake and published by . This book was released on 1996 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sriyantha Fernando
Publisher : GRIN Verlag
ISBN 13 : 3668519102
Total Pages : 69 pages
Book Rating : 4.6/5 (685 download)
Download or read book An Assessment of the Impacts of Tourism in Sri Lanka written by Sriyantha Fernando and published by GRIN Verlag. This book was released on 2017-09-07 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Tourism - Miscellaneous, Griffith University, course: PhD, language: English, abstract: After the end of nearly three decades of civil war in 2009, Sri Lanka is experiencing a tourism boom with a record level of international tourist arrivals. The Sri Lankan government has now identified tourism as a main component in its post-war development strategy. Despite this new policy enthusiasm there is dearth of research on tourism in Sri Lanka. The purpose of this study, therefore, is to contribute to the literature on tourism in Sri Lanka in a number of ways. First, it provides a systematic historical narrative on Sri Lankan tourism and explains how Sri Lanka missed opportunities in the past. Second, it develops a Computable General Equilibrium (CGE) model focusing on tourism and constructs a database with an emphasis on tourism. Third, it examines the economy-wide effects of the post-war tourism boom in Sri Lanka.
Author : Udaya Konarasinghe
Publisher :
ISBN 13 :
Total Pages : 3 pages
Book Rating : 4.:/5 (13 download)
Download or read book Forecasting International Tourism Income of Sri Lanka written by Udaya Konarasinghe and published by . This book was released on 2019 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth of the tourism industry in Sri Lanka shows the historical development in mainly in two ways. That is the growth of tourist arrivals and income.Tourism impact on the economy of Sri Lanka, which rely heavily on foreign exchange earnings. This has been a general interest of the government. Therefore government needs reliable forecasting to cope with uncertain situations and developing sound strategies to maintain the growth of tourism industry. This study was focused to identify suitable trend model for forecasting international tourism income of Sri Lanka. Monthly income data from 2009 to 2013 were obtained from statistical reports of 2012 and 2013 of Sri Lanka Tourism Development Authority (SLTDA). Study concern the period of post war, which is after year 2009. Model fitting was done by utilizing data from January 2009 to April 2012 and data from May 2012 to May 2013 utilized for model verification. Four trend models were tested with log transformation including one linear and three non linear models. Residual plots and Anderson Darling tests for residuals were used as model validation criterion. Forecasting ability of the models was assessed by considering Mean Absolute Percentage Error (MAPE), Mean Square Error (MSE) and Mean Absolute Deviation (MAD). Box and whisker plot showed no outliers in the data set. Results revealed that Quadratic Trend Model has least MAPE's in model fitting and verification: 0.90% and 1.12 % respectively. MAD and MSE also confirmed the smallest deviation compared with other trend models. Residual plots and Anderson Darling test confirmed the normality of residuals. Also residuals Vs fits confirmed the independence of residuals. It was concluded that the Quadratic Trend Model with log transformation is suitable for forecasting international tourism income in Sri Lanka. It is recommended to try other time series techniques namely decomposition techniques, Auto Regressive Integrated Moving Average (ARIMA) models etc. to capture the seasonal behavior of the series.
Author : Sriyantha Fernando
Publisher :
ISBN 13 : 9781521790878
Total Pages : 238 pages
Book Rating : 4.7/5 (98 download)
Download or read book Tourism in Sri Lanka and a Computable General Equilibrium (CGE) Analysis of the Effects of Post-War Tourism Boom written by Sriyantha Fernando and published by . This book was released on 2015-11-17 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this study is two-fold. First, it aims to undertake a systematic and comprehensive analysis of the performance of the Sri Lankan tourism sector using historical data and policy documents and to present a historical narrative on tourism. Second, it aims to analyse the effects of the post-war tourism boom on the Sri Lankan economy within an economy-wide framework by developing a computable general equilibrium (CGE) model, labelled as SLCGE-Tourism. In the process of achieving the above objectives, the study addressed two knowledge gaps related to Sri Lankan tourism as identified in the literature. The first knowledge gap is that there is a lack of systematic historical analysis of Sri Lankan tourism both in terms of policy and data. This study contributes significantly in addressing this knowledge gap by undertaking a number of complementary analyses. Firstly, it undertakes a systematic and comprehensive analysis of post-independence tourism promotion strategies in the economic development process. It shows that Sri Lanka had many post-independence advantages, especially given its strategic location in the Indian Ocean and on the major air and sea routes between Europe and the Far East. However, it missed opportunities due to inward-oriented development policies implemented by successive governments until 1977 and the three-decade long civil war and other political violence ending in 2009Secondly, it carries out two systematic econometric studies on tourism demand and volatility within the Sri Lankan context by using well-recognised econometric techniques. In the first econometric study, data on monthly tourism arrivals is used to model volatility of tourist arrivals for the first time in the case of Sri Lanka and as such this represents a contribution to the tourism literature in Sri Lanka. As generally accepted, and in common with many other tourist destinations, the empirical results of this study demonstrate that the Sri Lankan tourism industry is very sensitive to political violence, exchange rate changes, and seasonal variations. The analysis suggests that significant increases in political violence lowered tourist arrivals in Sri Lanka and created a substantial amount of volatility in tourism demand. The second econometric study explores empirically whether the targets set in the recent Tourism Development Strategy (TDS) by the Sri Lankan government are achievable or realistic by using a simple econometric model. The econometric analysis suggests that tourist arrivals to Sri Lanka would increase by 26 percent per year if a peaceful environment can be maintained in Sri Lanka. This is broadly consistent with the targets set out in the TDS without the benefit of systematic modelling work. The second knowledge gap was that there was a lack of an integrated economy-wide modelling model capable of use for examining the impact of tourism on the Sri Lankan economy. This study has addressed this knowledge gap by developing a tourism-focused CGE model. Its usefulness has been demonstrated by examining the economy-wide effects of the recent tourism boom and associated policy targets on the Sri Lankan economy in the second part of the thesis. The projected results of the model support the view that tourism can play a major role in the post-war development in Sri Lanka in terms of economic growth and employment generation. However, both the macro and sectoral results demonstrate that the expansion of tourism will not assist the economy without imposing some negative impacts on some other sectors in the economy. It is clear from the results of policy simulations carried out with the model that a tourism boom may lead to 'Dutch disease' type effects. The manufacturing export sectors, such as wearing apparel, may suffer as a result of an appreciation of the real exchange rate due to the tourism boom. The results also demonstrate that positive effects of a tourism boom on the economy would be much stronger.
Author : Abbaya Attanayake
Publisher :
ISBN 13 :
Total Pages : 310 pages
Book Rating : 4.:/5 (314 download)
Download or read book The Impact of International Tourism on the Economy and Society in Sri Lanka written by Abbaya Attanayake and published by . This book was released on 1983 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Álvaro Matias
Publisher : Springer Science & Business Media
ISBN 13 : 3790827258
Total Pages : 288 pages
Book Rating : 4.7/5 (98 download)
Download or read book Tourism Economics written by Álvaro Matias and published by Springer Science & Business Media. This book was released on 2011-07-28 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The assessment of local, regional or national impacts of an influx of tourists – of different kind and origin – has in recent years become a new challenge for economics research in the tourism sector. There is a clear need to develop solid methodologies through which the socio-economic impacts of tourism can be assessed. Tourism impact assessment – as a systematic approach to the estimation of socio-economic effects of tourism on relevant parts of the economy – has become a timely response to the need for appropriate information for stakeholders, both public and private. The present volume brings together a set of recent impact studies – of both a theoretical-methodological and an applied policy-oriented nature – , which have been selected on the basis of their originality or novel contribution to the research in this field.
Author :
Publisher : Intelligence Centre Pacific Asia Travel Association
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.E/5 ( download)
Download or read book Economic Impact Assessment of the Travel & Tourism Industry written by and published by Intelligence Centre Pacific Asia Travel Association. This book was released on 1993 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lesley Pender
Publisher : SAGE
ISBN 13 : 9780761940227
Total Pages : 380 pages
Book Rating : 4.9/5 (42 download)
Download or read book The Management of Tourism written by Lesley Pender and published by SAGE. This book was released on 2005 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides detailed coverage of the breadth of issues involved in the management of tourism businesses. It explains and supports fundamental business management aspects whilst examining specific techniques required for the successful management of a variety of tourism businesses.
Author :
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (154 download)
Download or read book The Economic Impact of Tourism in Sri Lanka written by and published by . This book was released on 1993 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Clement A Tisdell
Publisher : World Scientific
ISBN 13 : 9814513806
Total Pages : 1001 pages
Book Rating : 4.8/5 (145 download)
Download or read book Handbook Of Tourism Economics: Analysis, New Applications And Case Studies written by Clement A Tisdell and published by World Scientific. This book was released on 2013-03-08 with total page 1001 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Tourism Economics: Analysis, New Applications and Case Studies provides an up-to-date, concise and readable coverage of the most important topics in tourism economics. It pays attention to relevant traditional topics in tourism economics as well as exciting emerging topics in this field — topics which are expected to be of continuing importance. In doing this, it takes account of advances in economic thought, analysis and applied methods.Contributions provide applications of economic analysis to tourism policy and constructive assessment of contemporary thought about tourism economics. The handbook includes several in-depth case studies such as the contribution of tourism to economic development in selected countries including China, India, Japan and Australia, Portugal and Fiji. Coming from diverse countries (both industrialised and developing) and established in the field of tourism economics, travel and management, many of the contributors have been consultants to governments, private organisations, and international bodies, including the UN World Tourism Organisation, the OECD and UNEP. Experts contributing to this volume include the President of the International Association of Tourism Economics, as well as its Secretary-General, the Secretary-General of the Tourism Research Centre (Association of Tourism Research Institutes), the Founder-Fellow of the International Academy for the Study of Tourism and the former Director of the UK's Centre for Social and Economic Research on the Global Environment (CSERGE).
Author : Sriyantha Fernando
Publisher :
ISBN 13 : 9783668440760
Total Pages : 20 pages
Book Rating : 4.4/5 (47 download)
Download or read book The Tourism-Led Development Strategy in Sri Lanka written by Sriyantha Fernando and published by . This book was released on 2017-05-09 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2017 in the subject Tourism, University of Kelaniya, language: English, abstract: Sri Lanka has an ability to become one of the best tourism countries in Asia. However, it missed opportunities on a number of occasions due to inappropriate economic policies, continuous political violence and wars. Since 1983 the Sri Lankan tourism sector was seriously affected by the nearly three decades of separatist war which ended in May 2009. Immediately after the end of the war tourism in Sri Lanka bounced back and it now has become the engine of economic growth in post war Sri Lanka. In this paper, a historical analysis has been undertaken to demonstrate how Sri Lanka missmatched their development strategies in terms of tourism, although the country had potential to attract record number of tourists. The post-war tourism boom has given Sri Lankans and the Sri Lankan tourism sector new hopes and optimism. This paper demonstrates that the Sri Lankan tourism sector has potential and opportunities to play a vital role in the post-war inclusive development strategy in terms of generating much needed foreign exchange, poverty alleviation via employment generation, accelerating economic growth and uplifting living standards of all Sri Lankans.
Author : C. Michael Hall
Publisher : Routledge
ISBN 13 : 1317665880
Total Pages : 488 pages
Book Rating : 4.3/5 (176 download)
Download or read book The Routledge Handbook of Tourism in Asia written by C. Michael Hall and published by Routledge. This book was released on 2016-09-13 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia is regarded as the fastest growing area for international and domestic tourism in the world today and over the next 20 years. Given the economic, social and environmental importance of tourism in the region, there is a need for a comprehensive and readable overview of the critical debates and controversies in tourism in the region and the major factors that are affecting tourism development both now and in the foreseeable future. This Handbook provides a contemporary survey of the region and its continued growth and development as a key destination and generator of tourism, which is marked by a high proportion of intra-regional travel. The book is divided into five sections. This first section provides an introduction to the region and context to the nationally focused chapters. The next three sections are then broadly based on the three UNWTO Asian regions: South-East Asia, South and Central Asia, and East and North-East Asia, providing readers with a valuable snapshot of tourism at various scales, and from various approaches and positions. The concluding section considers future prospects for tourism in Asia. The handbook is interdisciplinary in coverage and is also international in scope through its authorship and content. It presents a range of perspectives and understanding of the processes and forces that are shaping tourism in this fascinating and dynamic region that is one of the focal points of global tourism. This is essential reading for students, researchers and academics interested in tourism in the growth region of Asia now and in the future.
Author : P.M.B. Jayathilake
Publisher :
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4.:/5 (13 download)
Download or read book Determinants of Demand for International Tourism in Sri Lanka written by P.M.B. Jayathilake and published by . This book was released on 2014 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: International tourism has become a popular global leisure event and emerged as a major source of foreign exchange earnings for the developing countries. This study seeks to investigate the determinants of demand for international tourism in Sri Lanka within the framework of bounds test approach to cointegration. Data were gathered from formal sources of various publications of World Bank and Tourism Development Authority of Sri Lanka. Data analysis was performed using Unit root tests followed by bounds test to cointegration based on Autoregressive Distributed Lag. The results reveal that tourism price in the country, travelling cost, income and exchange rates, tourism prices at alternative destinations are significant determinants of the international tourism demand to the country in the long run. The implication of these results for policy makers is that a more attentions is required to pay for the economic factors associated with the international tourism in order to keep the tourism price in the country at a competitive level.
Author : Jennifer L. Solotaroff
Publisher : World Bank Publications
ISBN 13 : 1464810680
Total Pages : 218 pages
Book Rating : 4.4/5 (648 download)
Download or read book Getting to Work written by Jennifer L. Solotaroff and published by World Bank Publications. This book was released on 2020-03-18 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sri Lanka has shown remarkable persistence in low female labor force participation rates—at 36 percent from 2015 to 2017, compared with 75 percent for same-aged men—despite overall economic growth and poverty reduction over the past decade. The trend stands in contrast to the country’s achievements in human capital development that favor women, such as high levels of female education and low total fertility rates, as well as its status as an upper-middle-income country. This study intends to better understand the puzzle of women’s poor labor market outcomes in Sri Lanka. Using nationally representative secondary survey data—as well as primary qualitative and quantitative research—it tests three hypotheses that would explain gender gaps in labor market outcomes: (1) household roles and responsibilities, which fall disproportionately on women, and the associated sociophysical constraints on women’s mobility; (2) a human capital mismatch, whereby women are not acquiring the proper skills demanded by job markets; and (3) gender discrimination in job search, hiring, and promotion processes. Further, the analysis provides a comparison of women’s experience of the labor market between the years leading up to the end of Sri Lanka’s civil war (2006†“09) and the years following the civil war (2010†“15). The study recommends priority areas for addressing the multiple supply- and demand-side factors to improve women’s labor force participation rates and reduce other gender gaps in labor market outcomes. It also offers specific recommendations for improving women’s participation in the five private sector industries covered by the primary research: commercial agriculture, garments, tourism, information and communication technology, and tea estate work. The findings are intended to influence policy makers, educators, and employment program practitioners with a stake in helping Sri Lanka achieve its vision of inclusive and sustainable job creation and economic growth. The study also aims to contribute to the work of research institutions and civil society in identifying the most effective means of engaging more women— and their untapped potential for labor, innovation, and productivity—in Sri Lanka’s future.
Author : Adi lumaksono
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (681 download)
Download or read book The Economic Impact of International Tourism in Indonesia written by Adi lumaksono and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Udaya Konarasinghe
Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (13 download)
Download or read book Forecasting Employment of Tourism Industry in Sri Lanka written by Udaya Konarasinghe and published by . This book was released on 2019 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tourism industry in Sri Lanka is growing over the recent past; increasing arrivals from various destinations. As a result, the employment in the industry also shows a rapid growth, but there were very few attempts in forecasting employment in the tourism industry in Sri Lanka. Hence, the objective of the study was to find out the suitable forecasting techniques for total employment of tourism industry in Sri Lanka. Annual employment data for the period of 1970 to 2015 were obtained from the Sri Lanka Tourism Development Authority (SLTDA). Karl Pearson's correlation used to test the correlation between total employment and tourist arrivals. Time series plots used for pattern identification. Simple Regression Model (SRM) and Auto Distributed Lag Model (ADLM) tested for forecasting. The Anderson-Darling test used to test the normality of data and residuals. Ljung-Box Q test, Auto-Correlation Functions (ACF) and Durbin-Watson (DW) test used to test the independence of residuals. Augmented Dickey-Fuller (ADF) test used to test the stationary of the series. Forecasting ability of the models was assessed by both relative and absolute measurements of errors. The SRM was not successful, but the ADLM satisfied the validation criterion. Both relative and absolute measurements of ADLM were very low. Hence, the ADLM is recommended for forecasting total employment of tourism industry in Sri Lanka. The results of this study will be facilitating for decision making and various strategy development related to overcome the surplus and shortfall of employment. It will be useful for workforce planning in both public and the private sector in the tourism industry. It is useful for developing various training programs such as workshops, academic and professional courses related to hospitality management. Further, the finding of the study can be used to assess the economic benefits to the host community in various tourism areas in Sri Lanka.
Author : Sriyantha Fernando
Publisher :
ISBN 13 : 9781521712450
Total Pages : 27 pages
Book Rating : 4.7/5 (124 download)
Download or read book Tourism Demand, Volatility and Post-War Tourism in Sri Lanka written by Sriyantha Fernando and published by . This book was released on 2016-06 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historically Sri Lanka has always been a tourist destination for centuries because of its strategic location and uniqueness. Although Sri Lankan tourism sector has been growing since 1967, International tourist arrivals to Sri Lanka have experienced notable fluctuations during the nearly three decades of civil war, particularly between 1983 and 2009. Sri Lankan tourism has managed to recover quickly since the end of the war in 2009. After recognising the role of post-war tourism, the Sri Lankan government has launched the Tourism Development Strategies (TDS) for the period 2011-2016. Firstly, The paper carried out systematic statistical analysis for Sri Lankan tourism focussing in particular on the civil war and associated political violence. Secondly, the paper empirically explored whether the targets set in the TDS by the Sri Lankan government are achievable or realistic by using a simple econometric model. Furthermore, post-war tourism development and the tourism boom are being evaluated within the context of the current political and economic situation. The empirical results of the first study demonstrating that the Sri Lankan tourism industry is very sensitive to political violence, exchange rate changes, and seasonal variations. The analysis suggests that significant increases in political violence lowered tourist arrivals in Sri Lanka and created a substantial amount of volatility in tourism demand. The results of the second study indicate that the Sri Lankan tourism industry was in a favourable position to achieve the targets until 2014 but missing the targets in 2015 and it is a challenge to achieve of 2.5 million tourism arrivals by 2016. A number of policy inferences can be drawn from this study. Given the limited resources available to the Sri Lankan government and the competing claims on these resources, development of strategies for and active promotion of public-private partnerships aimed at creating new tourism related infrastructure (hotel resorts, cruise line facilities, road transport upgrades, etc.) are recommended. There is should be a consideration for promoting the country as a price competitive and safe tourism destination. Finally, the country has to maintain political stability and work towards reconciliation process with improved governance and maintaining rules of law in order for the development strategy to be fully realised.
