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on Tourism Economics |
| By: | Parroco, Anna Maria; Vaccina, Franco; De Cantis, Stefano; Ferrante, Mauro |
| Abstract: | Many pleasure trips are often characterized by the visit of more than a single destination. Despite the topic is well documented in literature, the empirical studies are limited to a few pioneering studies. This lack may be attributable to the failure of tourism organizations to collect data on multi-destination trip behaviors, as it results, for example, from the system of European statistics on tourism (according to the Council Directive 95/57 EC), where no information on the average number of destinations visited within a single trip are provided. This paper aims to analyze the main implications of multi-destination trips both on tourism statistics and in tourism planning, and to describe the research design and the solutions adopted for the analysis of incoming tourism in Sicily. Some results related to the number of destinations visited and on the main travel itineraries undertaken by tourists in Sicily derived from the survey are presented. -- |
| Keywords: | Multi-destination trip,tourists behaviors,spatial movements,tourism statistics,border survey |
| JEL: | L83 C83 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:ifwedp:201221&r=tur |
| By: | Mohcine Bakhat (Economics for Energy); Jaume Roselló (University of the Balearic Islands) |
| Abstract: | During the last years, tourism has received increasing attention due to its environmental impacts. Particularly, the use of fossil energy has been considered as one of its major environmental problems and also one of the factors directly related to climatic change. Various studies have estimated the contribution of tourism to environmental damage using a sectorial perspective, evaluating the impact of air transport, the accommodation sector or other tourism-related economic sector. In this paper, the contribution of tourism to diesel oil and gasoline consumption is considered from a broader framework, taking advantage of monthly information collected from different sources. Considering the case study of the Balearic Islands (Spain) and using a conventional econometric model that includes data for monthly stocks of tourists, the influence of tourism on diesel oil and gasoline demand is estimated. |
| Keywords: | Diesel oil demand, gasoline demand, tourism contribution, environment impacts |
| Date: | 2011–09 |
| URL: | http://d.repec.org/n?u=RePEc:efe:wpaper:05-2011&r=tur |
| By: | Javier Campos (Department of Applied Economic Analysis. University of Las Palmas de Gran Canaria); Juan Luis Jiménez (Department of Applied Economic Analysis. University of Las Palmas de Gran Canaria); Ancor Suárez-Alemán (Department of Applied Economic Analysis. University of Las Palmas de Gran Canaria) |
| Abstract: | Using a dataset from consumption patterns in the island of Gran Canaria collected by the authors, this paper attempts to quantify some non-positive effects of tourism on local destination retail markets for goods and services. In particular, we empirically prove, controlling by factors such as population, size of supermarkets or number of competitors, two main effects: first, that supermarkets located in touristic areas charge higher prices than those in non-touristic areas; and second, that brand diversity is lower in the same stores, particularly in the case of smaller ones. These results confirm that local population do not always benefit from living in a touristic city and possibly provide a more balanced view on the positive and negative side of tourism. |
| Keywords: | tourism effects, prices, brand diversity, supermarkets, Canary Islands. JEL classification: L83, L13. |
| Date: | 2012–05 |
| URL: | http://d.repec.org/n?u=RePEc:ira:wpaper:201211&r=tur |
| By: | Mayers, Sherry-Ann; Jackman, Mahalia |
| Abstract: | This paper evaluates whether the tourism cycles of Barbados can be regarded as a direct consequence of business cycles of the UK, US, Canada and Barbados. The cyclical components of the series are extracted using the structural time series framework by Harvey, 1989, and the interrelations between the variables are evaluated using innovation accounting. The variance decompositions suggests that shocks to the source country business cycle series can explain up to 25 percent of the future variation of the Barbadian tourism cycle. Shocks to the Barbadian business cycle only seem to significantly affect the Canadian tourist cycle. This implies that for tourist arrivals from the US and UK are more influenced by economic developments in their respective home countries, rather than those of Barbados. Finally, Granger-causality tests indicate that past values of the source country business cycles can help better predict present values tourist arrivals to Barbados, while past values of the Barbadian cycle only Granger-cause the Canadian tourist cycle. An interesting observation is that there appears to be some delay in the reaction of the tourism cycle to the business cycles. Thus, policy makers should take advantage of the delay between the two cycles, and adopt some form of countercyclical policy to soften the impact of negative income shocks in the UK, US or Canada on the Barbadian economy. |
| Keywords: | Tourism; Business Cycle; Barbados |
| JEL: | E32 N16 L83 |
| Date: | 2011 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:38646&r=tur |
| By: | Jean Michel Chapuis (EIREST - Equipe interdisciplinaire de recherches sur le tourisme - Université Paris I - Panthéon Sorbonne) |
| Abstract: | This research note discusses the distinction between these two concepts of perceptions of fairness, based on the theory of distributive justice and procedural justice, in order to helps understand consumer behavior. With a sample of 250 tourists in French Polynesia and a structural equation model, tourists do not confuse price fairness and pricing fairness. The theoretical implications are that future research should use two distinct scales. For managers, the study suggests that the attention devoted to explaining the fairness of the pricing has more impact on consumer satisfaction than some attempts to explain the price. |
| Keywords: | consumer perceptions, price fairness, pricing fairness, tourism study |
| Date: | 2012–03–04 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-00694108&r=tur |
| By: | Börjesson, Maria (KTH) |
| Abstract: | It is sometimes argued that standard state-of-practice logit based models cannot forecast the demand for substantially reduced travel times, for instance due to High Speed Rail (HSR). The present paper investigates this issue by reviewing travel time elasticities for long-distance rail travel in the literature and comparing these with elasticities observed when new HSR lines have opened. This paper also validates the Swedish official long-distance model and its forecasted demand for a proposed new HSR track, using aggregate data revealing how the air-rail modal split varies with the difference in generalized travel time between rail and air. The official linear-in-parameters long-distance model is also compared to a model applying Box-Cox transformations. The paper contributes to the empirical literature on long-distance travel, long-distance elasticities and HSR passenger demand forecasts. Results indicate that the Swedish state-of-practice model, and similar models, is indeed able to predict the demand for a HSR reasonably well. The non-linear model, however, has better model fit and slightly higher elasticities. |
| Keywords: | High speed rail; Travel demand; Forecasting; Air-rail share; Cost-benefit analysis |
| JEL: | C25 D61 J22 R41 R42 |
| Date: | 2012–05–03 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:ctswps:2012_012&r=tur |
| By: | Börjesson, Maria (KTH, ABE) |
| Abstract: | The parameters for travel time and travel cost are central in travel demand forecasting models. Since valuation of infrastructure investments requires prediction of travel demand for future evaluation years, inter-temporal variation of the travel time and travel cost parameters is a key issue in forecasting. Using two identical stated choice experiments conducted among Swedish drivers with an interval of 13 years, 1994 and 2007, this paper estimates the inter-temporal variation in travel time and cost parameters. It is found that the travel time parameter has remained constant over time but that the travel cost parameter has declined in real terms. The trend decline in the cost parameter can be entirely explained by higher average income level in the 2007 sample compared to the 1994 sample. The results support the recommendation to keep the travel time parameter constant over time in forecast models but to deflate the travel cost parameter according to forecasts of income increases among travellers and the relevant income elasticity of the cost parameter. Evidence from this study further suggests that the inter-temporal and the cross-sectional income elasticity of the cost parameter are equal. The average elasticity is found to be -0.8- -0.9 in the present sample of drivers, and the elasticity is found to increases with real income level, both in the cross-section and over time. |
| Keywords: | Travel demand forecasting; Inter-temporal income elasticity; Marginal disutility of time; Marginal disutility of cost; Time parameter; Cost parameter; Stated preference; Replicated survey |
| JEL: | C25 D61 J22 R41 R42 |
| Date: | 2012–05–04 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:ctswps:2012_016&r=tur |
| By: | Hu, Wuyang; Pelton, Marie E.; Pagoulatos, Angelos |
| Abstract: | Recreational horseback riding is an important but less studied component of the equine industry. Using choice experiment data collected from a survey conducted in Kentucky, this study assesses rider preferences and economic values associated with various equestrian trail characteristics. Results indicate that although individuals have different opinions, trail characteristics such as length of trail, scenic views, and distance from home all have significant economic implications. In addition, riders prefer trails that are restricted for horse-riding only. Policy implications on maintaining current and creating new trails are given based on these results. |
| Keywords: | choice experiment, economic valuation, equestrian trail, Land Economics/Use, Resource /Energy Economics and Policy, Q26, |
| Date: | 2012–05–02 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaea12:123212&r=tur |