01597cas a2200241 a 4500 AALejournalIMF005485 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451871357 1018-5941 BD-DhAAL BD-DhAAL Tsounta, Evridiki. What Attracts Tourists to Paradise? / Evridiki Tsounta. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (20 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly affected by economic developments in the source countries, while price considerations and external shocks (such as hurricanes and wars) are also important. Supply factors, such as developments in foreign direct investment and the number of airlines servicing a destination, are also found to be significant determinants of tourism demand. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2008/277 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/277/001.2008.issue-277-en.xml IMF e-Library