The impact of hurricane strikes on tourist arrivals in the Caribbean

• Autores: Charley Granvorka, Eric Strobl
• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 19, Nº. 6, 2013, págs. 1401-1409
• Idioma: inglés
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• Resumen

  • The authors quantify the impact of hurricane strikes on the tourism industry in the Caribbean. To this end they first derive a hurricane destruction index that allows them to calculate the actual wind speed experienced at any locality relative to the hurricane eye of a passing or land falling hurricane. They then employ this hurricane index in a cross-country panel data context to estimate its impact on country-level tourist numbers. The results suggest that an average hurricane strike causes tourism arrivals to be about 2% lower than they would have been had no strike occurred.