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1.
Tourism is perceived as an important source of foreign exchange that is used for financing economic growth. This study offers a modern approach to tourism-led growth and investigates the causal relationship between tourism and economic growth in the European, Asian and African countries that border the Mediterranean Sea. The study uses panel data for the period 1998–2011, and adopts a panel Granger causality analysis developed by Dumitrescu and Hurlin (2012) to assess the contribution tourism makes to economic growth in each country. The results indicate that the direction of causality between tourism and economic growth depends on the country group and tourism indicator. Furthermore, the European countries are better able to generate growth from tourism in the Mediterranean region. 相似文献
2.
Sustainable tourism management policies should aim at maximising economic benefits from tourist arrivals while minimising associated adverse impacts on the environment. This study assesses the short-run and long-run relationships between tourist arrivals, per capita economic output, emissions, energy consumption and capital formation, citing Nepal as a specific case study. We developed four hypotheses and tested them using time-series econometrics based on the autoregressive distributed lag model and Granger causality tests. The results provide strong evidence of an economy driven tourism sector where expansion in economic output leads to expansion in tourist arrivals. More tourist arrivals, in turn, generate positive impacts on gross capital formation. Energy consumption negatively affects tourist arrivals, calling for increased attention towards improving energy efficiency and energy diversity. We conclude that national policies to increase tourist arrivals should be integrated with national energy and environmental policies in order to facilitate the transition towards a sustainable tourism sector. 相似文献
3.
We propose a theoretical model and an empirical study that highlight the role of quality of tourism services and endogenous tourism in long-run economic growth. We study a theoretical growth model of international trade where tourism is the growth engine and quality of tourism services has a positive impact on long-term growth. We also provide an empirical analysis to test the relation between tourism, quality and economic growth in Spain over the period 1970–2010. Our results show that in the long run, tourist arrivals, quality of tourism accommodations, and foreign GDP have a positive effect on Spanish GDP. In the short term, changes in economic growth appear to lead to growth in tourist arrivals. Our findings support a two-way causal relationship between real GDP growth and tourism growth in Spain. 相似文献
4.
This paper shows that changes in timing and magnitude of seasonality in tourist flows can be measured by decomposing the change in the Gini index, a widely used index of seasonal concentration, into two components. One of them tracks the change in the pattern of seasonal fluctuations and the second captures the change in their magnitude. To assess whether changes in the seasonal pattern and magnitude are significant, a technique for testing hypotheses concerning the two components is developed. We examine changes in the seasonal concentration of tourist arrivals in six tourist destinations in the Veneto Region, one of the most tourism-oriented regions in Europe, from 2006 to 2016. The magnitude of seasonality significantly decreased in some destinations with a diversified tourism product, such as Euganean Spas and Lake Garda. The seasonal pattern remained substantially stable for all destinations except Venice, where a non-negligible shift in the seasonal pattern occurred. 相似文献
5.
This study investigates the impact of terrorist attacks and political violence on the number of tourist arrivals and overnight stays in Tunisia. The dataset employed consists of monthly data that covers the period from January 2000 to September 2016, which includes several political and terrorist attacks in Tunisia and the region. Empirically, we investigate the true data generating process (DGP) of these two proxies of tourism activity by accounting for four statistical properties that characterize these series: (1) seasonality, (2) unit roots, (3) breaks, and (4) long memory behavior.Our empirical findings show strong evidence of stationarity, five breaks in the tourist arrival time series and spurious long memory behavior. By estimating a 3-state Markov switching model consisting of the mean, trend, and variance, we find that the Tunisian Jasmine revolution and two recent terrorist attacks, one at the Bardo National Museum on March 18, 2015 and the other at the tourist resort at Port El Kantaoui, Sousse on June 26, 2015, played an important role in influencing the tourism activity of the country. Our empirical findings show also that local shocks have a more important impact than international shocks in influencing tourism activity. Interestingly, we find that the effects of terrorist shocks have a long duration compared to political violence shocks. Several security, marketing, and economic policies have been proposed and discussed in the paper. 相似文献
6.
United States international tourism policy 总被引：1，自引：0，他引：1
David L. Edgell 《Annals of Tourism Research》1983,10(3):427-434
This article describes the key mechanisms in the United States for tourism policy-making. It points out the importance of tourism policy and planning for the orderly growth of tourism in the future. The important features of the National Tourism Policy Act of 1981 are presented. The article concludes by suggesting the policy role of the United States Government in furthering tourism interests within the context of international economic and trade policy. 相似文献
7.
This paper considers three econometric models to determine the relationship between macroeconomic variables and tourism demand. Tourism demand is measured by the inbound visitor's population and also by on-the-ground expenditures. The database is an unbalanced panel of 218 countries over the period 1995–2012. There is evidence that an increase in the World's GDP per capita, a depreciation of the national currency, and a decline of relative domestic prices do help boost tourism demand. The World's GDP per capita is more important when explaining arrivals, but relative prices become more important when we use expenditures as the proxy for tourism demand. We cannot reject the hypothesis of a relative prices unitary elasticity of expenditures. Additionally, we have partitioned our data by income level and by Continent. Results are robust in the first partition, but less robust in the second, although the main conclusions still hold. Finally, we draw policy implications from our findings. 相似文献
8.
This paper studies how local food specialities can affect the attractiveness of tourist destinations, distinguishing between market-expanding and business-stealing effects. We surveyed 1100 Italians in their home about their intention to visit or revisit three popular mountain resorts in Northern Italy (Valtellina, Valle d’Aosta, Trentino), and about their experience, knowledge, and appreciation of five well-known local food products of these places (Pizzoccheri pasta, Bresaola dried beef, Fontina cheese, Melinda apples, Speck smoked ham). We find that product experience positively affects the likelihood of (re)visiting both a product's place of origin and the other mountain destinations (market-expanding effect). Conversely, the correct identification of the product's place of origin may reduce the intention to (re)visit the other destinations (business-stealing effect). Finally, strong appreciation for a local food speciality has a positive effect only on the intention to (re)visit the place of origin. 相似文献
9.
What protects travel and leisure companies from a global pandemic, such as COVID-19? To answer this question, we investigate data on over 1200 travel and leisure companies in 52 countries. We consider 80 characteristics, such as company financial ratios, macroeconomic variables, and government policy responses. Using regressions and machine learning tools, we demonstrate that firms with low valuations, limited leverage, and high investments have been more immune to the pandemic-induced crash. We also find a beneficial effect of stringent containment and closure policies. Finally, our results indicate that countries with less individualism may be better positioned to cope with the pandemic. Our findings have implications for regulatory bodies, managers, and investors concerning future pandemic outbreaks. 相似文献
10.
This paper studies the existence of two different supply operators in the peer-to-peer accommodation rental market for the city of Madrid. We specifically analyse spatial dependencies in price formation and whether the so-called professional hosts (i.e. those who have several Airbnb listings) set prices differently from single-property hosts. To this end, hedonic price models are estimated with and without spatial price dependence. Listings’ structural characteristics and accessibility measures to transportation hubs and sightseeing spots are considered in the regressions. Results provide clear evidence that price mimicking is higher among non-professional hosts whereas professional hosts set prices more independently. 相似文献
11.
Esra Balli Ciler Sigeze Muge Manga Sevda Birdir Kemal Birdir 《Asia Pacific Journal of Tourism Research》2019,24(3):219-232
This study explores the impact of tourism on economic growth considering CO2 emissions utilizing panel data techniques for a sample of Mediterranean countries. The cointegration tests reveal that there is a positive long-run equilibrium between tourism, CO2 emissions and economic growth. This positive long-run relationship may suggest that tourism increases the level of CO2 emissions and has a statistically significant impact on economic growth in Mediterranean countries. Emirmahmutoglu and Kose (2011. Testing for Granger causality in heterogeneous mixed panels. Economic Modelling, 28(3), 870–876.) test results reveal that the tourism-led growth hypothesis, which suggests that tourism contributes to economic growth, is valid for Egypt, Italy, and Spain. Additionally, there exists a bidirectional relationship between tourism and economic growth both in Morocco and Turkey. 相似文献