The Dynamic Impact of biodiversity on Tourism: empirical evidence from Gambia

Darboe, sarjo (2024): The Dynamic Impact of biodiversity on Tourism: empirical evidence from Gambia.

Abstract

Abstract The recent infrastructural development and industrial actions around tourism development areas has increased which led to the degradation of coastal sites and protected areas in the Gambia, posing a threat to biodiversity loss and ecotourism. Thus, the research investigated the impact of biodiversity on tourism in The Gambia using the ARDL model between the periods of 1995-2020. The analysis has shown that biodiversity promotes tourism both in the short and long term. Similarly, economic growth has a positive impact on tourism. One of the policy implications is that, since tourism industry depends on the existence of biodiversity, therefore, biodiversity preservation should be a major interest for business sustainability by allocating resources for its preservation, in order to increase the viability of the sector.

• Item Type: MPRA Paper
• Language: English
• Keywords: biodiversity, tourism sector, The Gambia, ARDL, economic growth.
• Subjects: F - International Economics > F6 - Economic Impacts of Globalization > F64 - Environment; F - International Economics > F6 - Economic Impacts of Globalization > F68 - Policy

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