Research Article

An Economic Analysis of Tourism Contribution for Urban Poverty Reduction in Major Tourist Towns of North Shewa Zone, Amhara Region, Ethiopia

Table 9

Rotated component matrix.

Rotated component matrixComponentCommunalities

123
Few officials working on poverty reduction have education or training in using tourism as a poverty reduction tool0.7710.617
The poor lack access to credit in helping them to participate in the tourism economy0.6790.522
Outdated regulations make it impossible to develop innovative products and services0.6240.4840.640
The poor very often have limited access to tourism infrastructure and assets0.5750.4740.556
Governments and communities lack essential market knowledge to develop pro-tourism strategies and products0.7090.503
Lack of necessary transportation and communication infrastructure essential to meeting the needs of the tourism industry0.643447
A lack of government programs targeting the tourism informal sector in urban areas0.8150.683
Very little recognition of the potential of tourism development by aid agencies0.4610.7020.708
Governments and NGOs lack the organizational capacity to respond to the opportunities provided by tourism development0.4240.4740.462
Eigenvalues2.8461.2161.077
% of variance22.76817.53416.789

Source: Field Survey, 2021. Extraction method: principal component analysis. Rotation method: varimax with Kaiser normalization. ARotation converged in 8 iterations.