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on Tourism Economics |
| By: | Felipa de Mello-Sampayo; Sofia de Sousa-Vale |
| Abstract: | This paper applies likelihood-based panel cointegration techniques to examine the existence of a long run relationship between GDP, tourism earnings per tourist and total trade volume for a panel of European countries over the period 1988{2010. Removing the cross dependency, our panel tourism-led growth model indicates that tourism development has a higher impact on GDP in the North than in South European countries. The policy implication of this result is that for this group of countries, the best strategy is to raise tourism receipts. Furthermore, the volume of trade shows a signicant and much more stronger eect on the long run economic growth in our sample economies than tourism does. JEL Classication: F43; C33; L83 |
| Keywords: | Tourism; Economic growth; Rank tests; Panel unit root tests; Panel cointegration |
| Date: | 2012–05 |
| URL: | http://d.repec.org/n?u=RePEc:ise:isegwp:wp172012&r=tur |
| By: | Bouzahzah, Mohamed; El Menyari, Younesse |
| Abstract: | Given the strong contribution of tourism in the Moroccan economy, we propose in this paper to analyze the determinants of an empirical point of view of international tourism demand addressed to Morocco. To do this, we estimated a vector error correction (VECM) for the period 2000 - 2009 with a quarterly frequency. The results of our estimates show that long-term arrivals at border posts (specifically from France, Spain and Germany) depend positively on income, the accommodation capacity in classified establishments, the exchange rate and negatively on the relative price. Furthermore, our estimates indicate that external shock (especially a terrorist act) will have a significantly negative impact on tourism demand. |
| Keywords: | Tourism demand; stationarity; cointegration; VECM |
| JEL: | D12 C22 |
| Date: | 2012–05–25 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:39029&r=tur |
| By: | Katerina Ryglova (Department of Marketing and Trade, Faculty of Business and Economics, Mendel University in Brno); Ida Vajcnerova (Department of Marketing and Trade, Faculty of Business and Economics, Mendel University in Brno) |
| Abstract: | The paper deals with the issues concerning evaluating the quality of a destination in the context of tourism. A destination has to be looked on as a complex product of tourism consisting of products, services, natural resources, artificially created attractions and information being connected. The paper shows possible approaches towards the complex evaluation of destination quality. The first model is based on the ECSI methodology (European Consumer Satisfaction Index) and modifies it for evaluating the satisfaction of a visitor to a destination; the second model is based on the integrated approach towards quality management. |
| Keywords: | quality management, customer satisfaction, destination, tourism |
| JEL: | M |
| Date: | 2012–06 |
| URL: | http://d.repec.org/n?u=RePEc:men:wpaper:20_2012&r=tur |
| By: | Morkbak, Morten Raun; Jensen, Jorgen Dejgaard |
| Abstract: | Ways of increasing the market for local produce beyond the local residents within the local community, could include the following two potential solutions: 1) an expansion out to a more national/global market, which though would be costly in terms of transportation costs or 2) getting national/global consumers into the local market, e.g. as tourists. The objective of the present paper is to investigate the tourism's potential in the promotion of locally produced food products, within the perspective of context dependency and consumers' preferences for local produce. Firstly, people are asked to state their preferences for locally produced apples and honey, respectively. Secondly, we illustrate how preferences towards local produce depend on the situation, in which the consumers are placed. Applying a CE we find that for honey, the consumers' willingness to pay for local produce displays a considerable variation across respondents, suggesting that there could be a potential segmentation of respondents and their willingness to pay, which could imply the market to be highly niched. This is further investigated by applying a discrete mixture model. The findings from the DM model suggests that the market for the two characteristics local and Danish produce in both honey and apples and within both a daily and a holiday context is segmented into two groups - one group (2/3) who do not have particular high preferences towards neither Danish nor local produce and another group (1/3), who do have rather large preferences for both characteristics. |
| Keywords: | Food Consumption/Nutrition/Food Safety, |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaeafe:123525&r=tur |
| By: | Paolo Enria |
| Abstract: | Having defined place marketing and taken into consideration the public and private actors who contribute to the design of a strategic plan for the promotion of a local area, food and wine products are analyzed as an example of assets that can be emphasized in order to add value to the identity of a specific place and on which to build communication activities. The use of the concepts of “identity” and “spirit of a place” combined with the use of food and wine products as an example of typical local production can be a useful departure point around which to organize local development projects, especially if they are included in a coordinated promotion programme for the whole country. In fact, even while keeping the salient characteristics of each area distinct, it is necessary to plan combined promotion and communication policies, so as to promote local products as well as the historical, cultural and natural contexts in which they are produced, making the entire qualitative potential of our country more perceptible to the eyes of possible domestic and foreign investors and users. |
| JEL: | M31 M39 O18 O20 |
| Date: | 2012–06 |
| URL: | http://d.repec.org/n?u=RePEc:csc:cerisp:201208&r=tur |
| By: | Marco Corsino; Enrico Zaninotto |
| Abstract: | Productive efficiency in hotels varies greatly. Based on a large dataset on the hotel industry in an Italian region, a two-stage approach was used, first to distinguish the component of inefficiency arising from external factors, linked to destination, and then to isolate the role that firm-level variables play on hotel efficiency. Stage 1 was carried out with non-parametric frontier analysis; stage 2 was based on an econometric model which regresses inefficiency scores on a set of firm-level variables. Investment behavior was found to play an important role, and family management had a negative influence on productive efficiency. |
| Keywords: | Efficiency; Data Envelopment Analysis (DEA); Two-stage estimation; Hotel industry; Managerial practices |
| Date: | 2012–05 |
| URL: | http://d.repec.org/n?u=RePEc:trt:disawp:2012/03&r=tur |
| By: | Kim, Seung Gyu; Cho, Seong-Hoon; Roberts, Roland K.; Claassen, Roger |
| Abstract: | The main objective of this research is to propose a data-driven approach to estimate the amenity values of restoring urban forest landscapes at potential target sites. The approach allows establishing the overall price-driving time relationship between the amenity values attributable to both deforested and forested areas and their proximities to housing locations within a given community. Establishing the overall price-driving time relationship is important because the hedonic price model cannot be used to estimate the amenity values of yet to be restored urban forest landscapes that do not exist at the time of housing sales transactions. We estimated the sum of the differences between amenity values of deforested and forested areas on housing prices across different proximities to a potential restoration site. It can be viewed as a proxy for the value added to nearby houses resulting from a given urban forest restoration project at a potential target site. |
| Keywords: | urban forest landscapes, spatial hedonic model, travel distance, Land Economics/Use, |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaea12:123552&r=tur |
| By: | Céline Bérard (COACTIS - Université Lumière - Lyon II : EA4161 - Université Jean Monnet - Saint-Etienne); Nathalie Claveau (COACTIS - Université Lumière - Lyon II : EA4161 - Université Jean Monnet - Saint-Etienne); Isabelle Prim-Allaz (COACTIS - Université Lumière - Lyon II : EA4161 - Université Jean Monnet - Saint-Etienne); Berangere Szostak (COACTIS - Université Lumière - Lyon II : EA4161 - Université Jean Monnet - Saint-Etienne) |
| Abstract: | Les résultats de cette étude portant sur la Fête des Lumières (FdL) 2011 sont issus d'une collecte de données effectuée en trois temps : * Une étude qualitative, centrée sur les perceptions et attentes vis-à-vis de la FdL, a été exécutée auprès du grand public (15 répondants), d'acteurs économiques, de développement territorial ou d'infrastructures (7 répondants), de partenaires FdL (6 répondants) et de politiques au sein de la Ville de Lyon (6 répondants). * Une enquête de satisfaction in situ a été administrée à 290 participants (dont 40% de visiteurs " extérieurs ") sur les sites de la FdL 2011. * Un sondage ciblant les attitudes vis-à-vis de la FdL, ainsi que les freins et motivations à participer à cet événement, a été réalisé auprès d'un échantillon de 225 lyonnais. Dans cette synthèse, et en lien avec les objectifs assignés à l'étude, sont repris les résultats obtenus relativement : (a) aux représentations généralement associées à la FdL ; (b) à la satisfaction des différentes parties prenantes de la FdL ; (c) aux attentes, freins et motivations de l'ensemble des acteurs vis-à-vis de l'événement ; (d) aux caractéristiques sociodémographiques et comportementales des participants à la FdL. En définitive, des éléments de réflexion se dégagent de l'ensemble des résultats obtenus et permettent de discuter, en conclusion du présent rapport, quelques pistes d'action pour concevoir la FdL de demain. |
| Keywords: | Produit culturel, Fête des Lumières, Lyon, Etude qualitative, Etudes quantitatives |
| Date: | 2012–04–20 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-00699943&r=tur |
| By: | Henry-Osorio, Miguel; Mittelhammer, Ronald C. |
| Keywords: | Minimum power divergence, Cressie-Read statistics, contingent valuation, empirical likelihood, discrete choice, binary response models, Environmental Economics and Policy, Research Methods/ Statistical Methods, C13, C14, C25, Q51, |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaea12:123432&r=tur |
| By: | Rafael Boix; Jose-Luis Hervas-Oliver; Blanca De Miguel-Molina |
| Abstract: | What makes special the geography of the clusters of creative industries (CI)? This paper considers the symbolic knowledge-base and the preference for location in urban spaces observed in those clusters. The study avoids classic research designs based on synthetic knowledge bases and regional-based administrative-constrained design, using instead micro-data (550,000 firms in creative industries) and geo-statistical algorithms. Results contribute to the economic geography by: (i) providing a specific observation of the spatial dimension (where) in the cluster theory; (ii) identifying and mapping the clusters of CI in Europe; (iii) exploring particular forms of agglomeration and co-location (urban and non-urban) followed by clusters of CI. Results present implications for scholars and policy-makers suggesting to stress the articulation of within and between-cluster policy strategies for existing clusters rather than fostering the generation of new clusters. |
| Keywords: | creative industries, clusters, symbolic knowledge, micro-data, geolocalization |
| JEL: | R12 C49 Z0 |
| Date: | 2012–05 |
| URL: | http://d.repec.org/n?u=RePEc:egu:wpaper:1209&r=tur |
| By: | XIE, RAN; Isengildina-Massa, Olga; Carpio, Carlos E. |
| Abstract: | This study analyses the economic value of various components of the Certified South Carolina Grown Campaign from the perspective of participating restaurants. A stated-preference choice experiment was conducted as part of the restaurant survey to estimate the willingness to pay (WTP) for each campaign component using a mixed logit model. Individual level WTP was calculated in order to explore the relationship between WTP and characteristics of restaurants. Results indicate that three existing components--Labeling, Multimedia Advertising, and "Fresh on the Menu" have significant positive economic value. |
| Keywords: | WTP, Mixed Logit Model, SUR Model, Discrete Choice Model, Agribusiness, Agricultural and Food Policy, Political Economy, Production Economics, Research Methods/ Statistical Methods, |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaea12:123921&r=tur |