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on Tourism Economics |
| By: | Marianna Succurro; Federico Boffa (Dipartimento di Economia e Statistica, Università della Calabria) |
| Abstract: | This study explores how direct online booking affects the variation in hotel bed-places occupancy rate between peak and off-peak periods, thereby contributing to three strands of literature, respectively the determinants of seasonality, the tourist information acquisition process and the impact of the internet on tourism. The empirical analysis, covering 18 countries over the 1997-2007 period, investigates the impact of an increase in the use of the internet by consumers on the seasonal variation in the occupancy rate. We find that internet actually increases the variation in occupancy. We contribute to reduce the lack of a theoretical framework in this field by developing a formal model to illustrate why and how the reduction in search cost entailed by the use of the internet can indeed lead to a higher seasonality. |
| Keywords: | Internet, Search Costs, Net Occupancy Rate of bed-places |
| JEL: | D40 D83 L11 |
| Date: | 2010–11 |
| URL: | http://d.repec.org/n?u=RePEc:clb:wpaper:201020&r=tur |
| By: | Hristos Doucouliagos; John Hall |
| Date: | 2010–12–01 |
| URL: | http://d.repec.org/n?u=RePEc:dkn:econwp:eco_2010_18&r=tur |
| By: | John M. Gowdy (Department of Economics, Rensselaer Polytechnic Institute, Troy NY 12180-3590, USA); Richard Howarth (Dartmouth College); Clem Tisdell (University of Queensland) |
| Abstract: | This chapter presents the economic logic behind the concept of discounting the future and discusses how it applies to biodiversity conservation. How should economists account for the effects of biodiversity and ecosystem losses in the immediate and distant future? We discuss how to integrate traditional cost-benefit analysis with other approaches to understand and measure, where possible, environmental values. We conclude that losses of biodiversity and ecosystems have properties that make it difficult to apply standard welfare analysis including discounting the future. Difficulties include: (1) it is a phenomenon having global as well as local consequences, (2) its impacts are long-term and irreversible, (3) pure uncertainty is pervasive, (4) changes are non-marginal and non-linear. And (5) questions of inter- and intra-generational equity are central. This paper will be published as Chapter Six in Pushpam Kumar (ed.). An output of TEEB: The Economics of Ecosystems and Biodiversity. London: Earthscan. 2010. |
| JEL: | A10 A11 P48 |
| Date: | 2010–11 |
| URL: | http://d.repec.org/n?u=RePEc:rpi:rpiwpe:1008&r=tur |