The effect of international visitors on poverty alleviation in Mexico: an approach from the misery index

The effectiveness of tourism as an instrument in combating poverty has emerged as an important subject of research. Tourism’s impact on poverty has traditionally been analyzed from the perspective of income or household consumption per capita. In contrast to these approaches, we analyzed the effect...

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Main Author: Fernando Sánchez López
Format: Article
Language:English
Published: Taylor & Francis Group 2022-12-01
Series:Journal of Applied Economics
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/15140326.2021.1977079
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author Fernando Sánchez López
author_facet Fernando Sánchez López
author_sort Fernando Sánchez López
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description The effectiveness of tourism as an instrument in combating poverty has emerged as an important subject of research. Tourism’s impact on poverty has traditionally been analyzed from the perspective of income or household consumption per capita. In contrast to these approaches, we analyzed the effect of the arrival of international visitors on poverty in Mexico by way of its impact on a modified misery index. To carry out this study, we used a bivariate structural vector autoregressive model, which indicates a negative unidirectional relationship from the international visitors to the misery index. Additionally, the historical decomposition shows that during the first COVID-19 wave, the changes in the international visitors highly explained the variations in the misery index.
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spelling doaj.art-f03e14270a7c443aa3e6154aeddb34f82022-12-22T02:21:46ZengTaylor & Francis GroupJournal of Applied Economics1514-03261667-67262022-12-0125183985510.1080/15140326.2021.1977079The effect of international visitors on poverty alleviation in Mexico: an approach from the misery indexFernando Sánchez López0Instituto de Investigaciones Económicas, Universidad Nacional Autónoma de México, MexicoThe effectiveness of tourism as an instrument in combating poverty has emerged as an important subject of research. Tourism’s impact on poverty has traditionally been analyzed from the perspective of income or household consumption per capita. In contrast to these approaches, we analyzed the effect of the arrival of international visitors on poverty in Mexico by way of its impact on a modified misery index. To carry out this study, we used a bivariate structural vector autoregressive model, which indicates a negative unidirectional relationship from the international visitors to the misery index. Additionally, the historical decomposition shows that during the first COVID-19 wave, the changes in the international visitors highly explained the variations in the misery index.https://www.tandfonline.com/doi/10.1080/15140326.2021.1977079International tourismOkun’s misery indexpovertystructural VAR
spellingShingle Fernando Sánchez López
The effect of international visitors on poverty alleviation in Mexico: an approach from the misery index
Journal of Applied Economics
International tourism
Okun’s misery index
poverty
structural VAR
title The effect of international visitors on poverty alleviation in Mexico: an approach from the misery index
title_full The effect of international visitors on poverty alleviation in Mexico: an approach from the misery index
title_fullStr The effect of international visitors on poverty alleviation in Mexico: an approach from the misery index
title_full_unstemmed The effect of international visitors on poverty alleviation in Mexico: an approach from the misery index
title_short The effect of international visitors on poverty alleviation in Mexico: an approach from the misery index
title_sort effect of international visitors on poverty alleviation in mexico an approach from the misery index
topic International tourism
Okun’s misery index
poverty
structural VAR
url https://www.tandfonline.com/doi/10.1080/15140326.2021.1977079
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