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dc.titleThe Integrated Economic-Environmental Modeling (IEEM) Platform Approach to Tourism Investment Analysis: An Application to Costa Rica
dc.contributor.authorBanerjee, Onil
dc.contributor.authorMurguia, Juan M.
dc.contributor.authorCicowiez, Martin
dc.contributor.authorMoreda, Adela
dc.contributor.editorPerez, Darrel
dc.contributor.orgunitEnvironment, Rural Development and Risk Management Division
dc.coverageCosta Rica
dc.date.available2020-03-31T00:00:00
dc.date.issue2020-03-31T00:00:00
dc.description.abstractPublic investment in different types of tourism, from business to leisure tourism, has differentiated impacts on local economies, environment, people and government revenues. A fully integrated analytical approach such as the Integrated Economic-Environmental Modeling (IEEM) Platform is required to capture these multi-dimensional impacts. Applying IEEM to public investment in tourism in Costa Rica we find: investing in a higher skilled labor force particularly in traditional tourism-related activities will improve household welfare; similar increases in demand across all types of tourism show that Health tourism generates the greatest impact on household welfare, while Business tourism has the best prospects for reducing unemployment; Business tourism generates the largest increase in government revenues, but also has the largest greenhouse gas emission footprint, and; the whole of economy perspective of IEEM that captures direct, indirect and induced impacts results in a higher Net Present Value estimation of the investment.
dc.format.extent18
dc.identifier.doihttp://dx.doi.org/10.18235/0002288
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Integrated-Economic-Environmental-Modeling-IEEM-Platform-Approach-to-Tourism-Investment-Analysis-An-Application-to-Costa-Rica.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectNatural Capital
dc.subjectPublic Investment
dc.subjectEnvironmental Policy
dc.subjectTourism
dc.subjectSkilled Labor
dc.subjectCost-Benefit Analysis
dc.subjectEnvironmental Economy
dc.subjectInvestment in Tourism
dc.subjectIEEM Platform
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.jelcodeZ00 - Other Special Topics: General: General
dc.subject.jelcodeD58 - Computable and Other Applied General Equilibrium Models
dc.subject.jelcodeQ57 - Ecological Economics: Ecosystem Services • Biodiversity Conservation • Bioeconomics • Industrial Ecology
dc.subject.keywordsIEEM;Integrated Economic-Environmental Modeling;tourism investment
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00276
idb.operationRG-E1603
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