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Tourism is the largest source of foreign exchange to Saint Lucia and has a substantial direct and in | Publications | 2017-03-15 08:25:09

Tourism is the largest source of foreign exchange to Saint Lucia and has a substantial direct and indirect impact on economic activity. Consequently, identifying what drives the demand for the Saint Lucian product is crucial in assessing future sector performance. More specifically, a robust understanding of the determinants of tourism demand to St. Lucia can ensure consistency with marketing regimes and provide avenues for industry stakeholders to remain competitive and achieve a sustainable sector. This piece therefore intends to model tourist arrivals, by main source market, in an econometric VAR. The VAR estimated results generated indicated that the income variables explained more of the variation in US stay-over arrivals, whereas the price variables were found to better explain the disparity in the levels of UK and Canadian stay-over arrivals to Saint Lucia.

Filename: An-Investigation-of-the-Determinants-of-Tourism-Demand-to-Saint-Lucia.pdf | Size: 968.19 KB
Downloads: 7044

Saint Lucia Productivity Summary Report 2000-2015 | Publications | 2017-03-02 12:27:44

Saint Lucia Productivity Summary Report 2000-2015

Filename: saint-lucia-productivity-study-summary-2000-2015.pdf | Size: 1.49 MB
Downloads: 3741

Caribbean Growth Forum [CGF] - Newsletter Issue 1 | Publications | 2017-02-09 06:41:45

Caribbean Growth Forum [CGF] - Newsletter Issue 1

Filename: CGF-Newsletter-Issue-#1.pdf | Size: 847.53 KB
Downloads: 1637

Explaining the Saint Lucia Housing Deficit [Presentation] | Publications | 2017-02-03 08:11:59

Explaining the Housing Deficit in Saint Lucia [PowerPoint Presentation]

Filename: Explaining-the-Housing-Deficit-in-Saint-Lucia-PPT.pdf | Size: 703.74 KB
Downloads: 2107

Explaining the Saint Lucia Housing Deficit | Publications | 2017-02-03 08:09:37

Explaining the Housing Deficit in Saint Lucia

Filename: Explaining-the-St-Lucian-Housing-Deficit.pdf | Size: 290.56 KB
Downloads: 4689

Saint Lucia - The Cyclically Adjusted Balance [Presentation] | Publications | 2017-02-02 08:46:36

Saint Lucia - The Cyclically Adjusted Balance [PowerPoint Presentation]

Filename: CAP-Presentation-Final-ppp.pdf | Size: 838.15 KB
Downloads: 1452