Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean

There exist legal channels for informational lobbying of U.S. policymakers by foreign principals. Foreign governments and private sector principals frequently and intensively use this institutional channel to lobby on trade and tourism issues. Thi...

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Main Authors:	Gawande, Kishore, Maloney, William, Montes Rojas, Gabriel V.
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ASSET POSITION ASSET POSITIONS ASSETS ASYMMETRIC INFORMATION BANKS BENEFICIARIES BOND CAPITAL FLOWS CD CHECKS COMMERCIAL POLICY CONFIDENCE CONSUMERS CPI DESTINATION COUNTRIES DESTINATION COUNTRY DESTINATIONS DEVALUATION DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC PRODUCERS DUMMY VARIABLE ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS LITERATURE ELASTICITY OF DEMAND ENDOGENOUS VARIABLES EQUILIBRIUM EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXOGENOUS VARIABLES EXPECTED UTILITY EXPENDITURE EXPENDITURES EXPORT EARNINGS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNAL ASSET EXTERNAL ASSETS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FLOW OF TOURISTS FOREIGN CURRENCY FUTURE RESEARCH GDP PER CAPITA GLOBAL MARKET GLOBALIZATION GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REVENUES HOST COUNTRY HOST GOVERNMENT HOTEL HOTEL REGISTRATIONS HOTELS IMPORTS INDUSTRIALIZATION INFORMATION ASYMMETRIES INFORMATION DISSEMINATION INFORMATIONAL ASYMMETRIES INSTRUMENT INTERNATIONAL BANK INTERNATIONAL SETTLEMENTS INTERNATIONAL TOURISM INTERNATIONAL TRADE INVESTIGATION JUSTICE KNOWLEDGE ECONOMY LAWS LEVIES LOBBYING LOBBYIST LOBBYISTS MACROECONOMIC SHOCKS MARKET ACCESS MEDIA MEDIA RELATIONS NASH EQUILIBRIUM NATURAL RESOURCES NEGATIVE SHOCK NUMBER OF TOURISTS OFFSHORE FINANCING OPEN ECONOMY PARKS PENALTY PER CAPITA INCOME POLITICIANS POSITIVE COEFFICIENT PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE SENSITIVITY PRODUCT DIFFERENTIATION PROTECTIONISM PROTECTIONIST PUBLIC OFFICIALS REAL EXCHANGE RATE REAL GDP RETURNS SCUBA DIVING SUSTAINABILITY TARIFF PREFERENCES TAX TAX RATES TOURISM TOURISM BOARDS TOURISM BUSINESSES TOURISM DEMAND TOURISM DESTINATIONS TOURISM DEVELOPMENT TOURISM INDUSTRIES TOURISM INDUSTRY TOURISM ISSUES TOURISM MANAGEMENT TOURISM ORGANIZATION TOURISM PROMOTION TOURISM RECEIPTS TOURISM RESEARCH TOURISM RESOURCES TOURISM SECTOR TOURISM SERVICES TOURIST TOURIST ARRIVALS TOURIST DEMAND TOURIST DESTINATIONS TOURISTS TRADE IN GOODS TRADE IN SERVICES TRADE POLICY TRADE PROMOTION TRANSPARENCY VACATION VIOLENCE WORLD TOURISM WORLD TOURISM ORGANIZATION WORLD TRADE WORLD TRADE ORGANIZATION
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spelling	okr-10986-40302021-04-23T14:02:14Z Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean Gawande, Kishore Maloney, William Montes Rojas, Gabriel V. ASSET POSITION ASSET POSITIONS ASSETS ASYMMETRIC INFORMATION BANKS BENEFICIARIES BOND CAPITAL FLOWS CD CHECKS COMMERCIAL POLICY CONFIDENCE CONSUMERS CPI DESTINATION COUNTRIES DESTINATION COUNTRY DESTINATIONS DEVALUATION DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC PRODUCERS DUMMY VARIABLE ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS LITERATURE ELASTICITY OF DEMAND ENDOGENOUS VARIABLES EQUILIBRIUM EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXOGENOUS VARIABLES EXPECTED UTILITY EXPENDITURE EXPENDITURES EXPORT EARNINGS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNAL ASSET EXTERNAL ASSETS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FLOW OF TOURISTS FOREIGN CURRENCY FUTURE RESEARCH GDP PER CAPITA GLOBAL MARKET GLOBALIZATION GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REVENUES HOST COUNTRY HOST GOVERNMENT HOTEL HOTEL REGISTRATIONS HOTELS IMPORTS INDUSTRIALIZATION INFORMATION ASYMMETRIES INFORMATION DISSEMINATION INFORMATIONAL ASYMMETRIES INSTRUMENT INTERNATIONAL BANK INTERNATIONAL SETTLEMENTS INTERNATIONAL TOURISM INTERNATIONAL TRADE INVESTIGATION JUSTICE KNOWLEDGE ECONOMY LAWS LEVIES LOBBYING LOBBYIST LOBBYISTS MACROECONOMIC SHOCKS MARKET ACCESS MEDIA MEDIA RELATIONS NASH EQUILIBRIUM NATURAL RESOURCES NEGATIVE SHOCK NUMBER OF TOURISTS OFFSHORE FINANCING OPEN ECONOMY PARKS PENALTY PER CAPITA INCOME POLITICIANS POSITIVE COEFFICIENT PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE SENSITIVITY PRODUCT DIFFERENTIATION PROTECTIONISM PROTECTIONIST PUBLIC OFFICIALS REAL EXCHANGE RATE REAL GDP RETURNS SCUBA DIVING SUSTAINABILITY TARIFF PREFERENCES TAX TAX RATES TOURISM TOURISM BOARDS TOURISM BUSINESSES TOURISM DEMAND TOURISM DESTINATIONS TOURISM DEVELOPMENT TOURISM INDUSTRIES TOURISM INDUSTRY TOURISM ISSUES TOURISM MANAGEMENT TOURISM ORGANIZATION TOURISM PROMOTION TOURISM RECEIPTS TOURISM RESEARCH TOURISM RESOURCES TOURISM SECTOR TOURISM SERVICES TOURIST TOURIST ARRIVALS TOURIST DEMAND TOURIST DESTINATIONS TOURISTS TRADE IN GOODS TRADE IN SERVICES TRADE POLICY TRADE PROMOTION TRANSPARENCY VACATION VIOLENCE WORLD TOURISM WORLD TOURISM ORGANIZATION WORLD TRADE WORLD TRADE ORGANIZATION There exist legal channels for informational lobbying of U.S. policymakers by foreign principals. Foreign governments and private sector principals frequently and intensively use this institutional channel to lobby on trade and tourism issues. This paper empirically studies whether such lobbying effectively achieves its goal of trade promotion in the context of Caribbean tourism, and suggests the potential for using foreign lobbying as a vehicle for development. Panel data are used to explore and quantify the association between foreign lobbying by Caribbean principals and U.S. tourist arrivals to Caribbean destinations. A variety of sensitivity analyses support the finding of a strong association. The policy implications are obvious and potentially important for developing countries. 2012-03-19T19:08:41Z 2012-03-19T19:08:41Z 2009-02-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090210093447 http://hdl.handle.net/10986/4030 English Policy Research working paper ; no. WPS 4834 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Latin America & Caribbean Caribbean
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ASSET POSITION ASSET POSITIONS ASSETS ASYMMETRIC INFORMATION BANKS BENEFICIARIES BOND CAPITAL FLOWS CD CHECKS COMMERCIAL POLICY CONFIDENCE CONSUMERS CPI DESTINATION COUNTRIES DESTINATION COUNTRY DESTINATIONS DEVALUATION DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC PRODUCERS DUMMY VARIABLE ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS LITERATURE ELASTICITY OF DEMAND ENDOGENOUS VARIABLES EQUILIBRIUM EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXOGENOUS VARIABLES EXPECTED UTILITY EXPENDITURE EXPENDITURES EXPORT EARNINGS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNAL ASSET EXTERNAL ASSETS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FLOW OF TOURISTS FOREIGN CURRENCY FUTURE RESEARCH GDP PER CAPITA GLOBAL MARKET GLOBALIZATION GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REVENUES HOST COUNTRY HOST GOVERNMENT HOTEL HOTEL REGISTRATIONS HOTELS IMPORTS INDUSTRIALIZATION INFORMATION ASYMMETRIES INFORMATION DISSEMINATION INFORMATIONAL ASYMMETRIES INSTRUMENT INTERNATIONAL BANK INTERNATIONAL SETTLEMENTS INTERNATIONAL TOURISM INTERNATIONAL TRADE INVESTIGATION JUSTICE KNOWLEDGE ECONOMY LAWS LEVIES LOBBYING LOBBYIST LOBBYISTS MACROECONOMIC SHOCKS MARKET ACCESS MEDIA MEDIA RELATIONS NASH EQUILIBRIUM NATURAL RESOURCES NEGATIVE SHOCK NUMBER OF TOURISTS OFFSHORE FINANCING OPEN ECONOMY PARKS PENALTY PER CAPITA INCOME POLITICIANS POSITIVE COEFFICIENT PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE SENSITIVITY PRODUCT DIFFERENTIATION PROTECTIONISM PROTECTIONIST PUBLIC OFFICIALS REAL EXCHANGE RATE REAL GDP RETURNS SCUBA DIVING SUSTAINABILITY TARIFF PREFERENCES TAX TAX RATES TOURISM TOURISM BOARDS TOURISM BUSINESSES TOURISM DEMAND TOURISM DESTINATIONS TOURISM DEVELOPMENT TOURISM INDUSTRIES TOURISM INDUSTRY TOURISM ISSUES TOURISM MANAGEMENT TOURISM ORGANIZATION TOURISM PROMOTION TOURISM RECEIPTS TOURISM RESEARCH TOURISM RESOURCES TOURISM SECTOR TOURISM SERVICES TOURIST TOURIST ARRIVALS TOURIST DEMAND TOURIST DESTINATIONS TOURISTS TRADE IN GOODS TRADE IN SERVICES TRADE POLICY TRADE PROMOTION TRANSPARENCY VACATION VIOLENCE WORLD TOURISM WORLD TOURISM ORGANIZATION WORLD TRADE WORLD TRADE ORGANIZATION
spellingShingle	ASSET POSITION ASSET POSITIONS ASSETS ASYMMETRIC INFORMATION BANKS BENEFICIARIES BOND CAPITAL FLOWS CD CHECKS COMMERCIAL POLICY CONFIDENCE CONSUMERS CPI DESTINATION COUNTRIES DESTINATION COUNTRY DESTINATIONS DEVALUATION DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC PRODUCERS DUMMY VARIABLE ECONOMETRIC MODELS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS LITERATURE ELASTICITY OF DEMAND ENDOGENOUS VARIABLES EQUILIBRIUM EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXOGENOUS VARIABLES EXPECTED UTILITY EXPENDITURE EXPENDITURES EXPORT EARNINGS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNAL ASSET EXTERNAL ASSETS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FLOW OF TOURISTS FOREIGN CURRENCY FUTURE RESEARCH GDP PER CAPITA GLOBAL MARKET GLOBALIZATION GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REVENUES HOST COUNTRY HOST GOVERNMENT HOTEL HOTEL REGISTRATIONS HOTELS IMPORTS INDUSTRIALIZATION INFORMATION ASYMMETRIES INFORMATION DISSEMINATION INFORMATIONAL ASYMMETRIES INSTRUMENT INTERNATIONAL BANK INTERNATIONAL SETTLEMENTS INTERNATIONAL TOURISM INTERNATIONAL TRADE INVESTIGATION JUSTICE KNOWLEDGE ECONOMY LAWS LEVIES LOBBYING LOBBYIST LOBBYISTS MACROECONOMIC SHOCKS MARKET ACCESS MEDIA MEDIA RELATIONS NASH EQUILIBRIUM NATURAL RESOURCES NEGATIVE SHOCK NUMBER OF TOURISTS OFFSHORE FINANCING OPEN ECONOMY PARKS PENALTY PER CAPITA INCOME POLITICIANS POSITIVE COEFFICIENT PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE SENSITIVITY PRODUCT DIFFERENTIATION PROTECTIONISM PROTECTIONIST PUBLIC OFFICIALS REAL EXCHANGE RATE REAL GDP RETURNS SCUBA DIVING SUSTAINABILITY TARIFF PREFERENCES TAX TAX RATES TOURISM TOURISM BOARDS TOURISM BUSINESSES TOURISM DEMAND TOURISM DESTINATIONS TOURISM DEVELOPMENT TOURISM INDUSTRIES TOURISM INDUSTRY TOURISM ISSUES TOURISM MANAGEMENT TOURISM ORGANIZATION TOURISM PROMOTION TOURISM RECEIPTS TOURISM RESEARCH TOURISM RESOURCES TOURISM SECTOR TOURISM SERVICES TOURIST TOURIST ARRIVALS TOURIST DEMAND TOURIST DESTINATIONS TOURISTS TRADE IN GOODS TRADE IN SERVICES TRADE POLICY TRADE PROMOTION TRANSPARENCY VACATION VIOLENCE WORLD TOURISM WORLD TOURISM ORGANIZATION WORLD TRADE WORLD TRADE ORGANIZATION Gawande, Kishore Maloney, William Montes Rojas, Gabriel V. Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean
geographic_facet	Latin America & Caribbean Caribbean
relation	Policy Research working paper ; no. WPS 4834
description	There exist legal channels for informational lobbying of U.S. policymakers by foreign principals. Foreign governments and private sector principals frequently and intensively use this institutional channel to lobby on trade and tourism issues. This paper empirically studies whether such lobbying effectively achieves its goal of trade promotion in the context of Caribbean tourism, and suggests the potential for using foreign lobbying as a vehicle for development. Panel data are used to explore and quantify the association between foreign lobbying by Caribbean principals and U.S. tourist arrivals to Caribbean destinations. A variety of sensitivity analyses support the finding of a strong association. The policy implications are obvious and potentially important for developing countries.
format	Publications & Research :: Policy Research Working Paper
author	Gawande, Kishore Maloney, William Montes Rojas, Gabriel V.
author_facet	Gawande, Kishore Maloney, William Montes Rojas, Gabriel V.
author_sort	Gawande, Kishore
title	Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean
title_short	Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean
title_full	Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean
title_fullStr	Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean
title_full_unstemmed	Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean
title_sort	foreign informational lobbying can enhance tourism : evidence from the caribbean
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090210093447 http://hdl.handle.net/10986/4030
_version_	1764389582699233280

Foreign Informational Lobbying Can Enhance Tourism : Evidence from the Caribbean

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