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on Tourism Economics |
| By: | Shahbaz, Muhammad; Ferrer, Román; Hussain Shahzad, Syed Jawad; Haouas, Ilham |
| Abstract: | This paper explores the time-varying causal nexus between tourism development and economic growth for the top ten tourist destinations in the world, namely China, France, Germany, Italy, Mexico, the Russian Federation, Spain, Turkey, the United Kingdom and the United States of America, over the period 1990-2015. To that end, a bootstrap rolling window Granger causality approach based on the modified Granger causality test developed by Toda and Yamamoto (1995) and Dolado and Lütkepohl (1996), is used. A new index for tourism activity which combines via principal component analysis the commonly used tourism indicators is also employed. The results of the bootstrap rolling window causality tests reveal that the causal relations between tourism and economic growth vary substantially over time and across countries in terms of both magnitude and direction. It is shown that the causal linkages tend to be more pronounced for a large group of countries following the global financial crisis of 2008. Additionally, Germany, France and China clearly stand out as the countries with the weakest causal nexus, while the UK, Italy and Mexico emerge as the countries that have the strongest causal links. These results have particularly important implications for policy makers. |
| Keywords: | Tourism, economic growth, time-varying causality, bootstrap, rolling window causality |
| JEL: | A1 |
| Date: | 2017–10–15 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:82713&r=tur |
| By: | Socrat Ghadban (Faculty of Tourism and Hospitality Management - Lebanese University [Beirut]); Maya Shames (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique); Haifa Abou Mayaleh (Faculty of Tourism and Hospitality Management - Lebanese University [Beirut]) |
| Abstract: | Lebanon has witnessed in 2015 a severe trash crisis that had serious health and environmental impacts. Trash crisis has recently evolved, and is mostly related to inefficiency in networking, political leadership, and strategic management system and information flow. Trash crisis can be avoided with effective crisis management plan and waste management strategies. The latter is gaining broader attention, especially in the developing countries, with waste management being not well implemented. Until now, no studies have been conducted to measure and evaluate the impacts of the garbage crisis on the Lebanese tourism industry, which is a main income generator sector. Therefore, this research seeks to examine how tourism organizations, especially hotels as main producer of solid waste, are managing their waste to reduce the impacts of the crisis and to understand visitors’ perceptions of solid waste management strategies adopted by hotels. 18 hotels’ managers in Beirut were interviewed and 124 questionnaires were filled by hotels’ guests, who were randomly selected in different areas of the capital. Results revealed that large hotels tend to effectively manage their solid waste which allowed them to overcome the crisis with minimal negative impacts. For the majority of respondents, selecting hotels is not primarily influenced by the implementation of solid waste management strategies. Moreover, results showed that 46% of respondents have hesitated to visit Lebanon during the crisis. |
| Keywords: | Trash crisis,Hotels,Sustainable development,Solid waste management,Crisis management,Lebanon |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01611253&r=tur |
| By: | Marina Tkalec (The Institute of Economics, Zagreb); Ivan Zilic (The Institute of Economics, Zagreb) |
| Abstract: | Although conflict, war, violence, and terrorism naturally affect tourism, research that identifies possible channels through which these effects propagate is scarce. We explore if the adverse effects are channeled through proximity to conflict areas. We use the conflict in Kosovo in 1999 and the country Croatia as a quasi-natural experiment and take advantage of the specific north-west to south-east orientation of Croatian Adriatic counties to identify the effect of NATO bombing in Kosovo on tourism outcomes as well as the potential proximity channel. Using data on the population of Croatian firms in the 1993-1999 period and the difference-in-differences identification strategy we find that tourism companies' revenues decreased significantly due to NATO bombing, especially in accommodation services and in companies with 50 or more employees. By analyzing heterogeneous effects with respect to the distance of the firm from Kosovo-using a linear and a more flexible model-we argue that within-country proximity to conflict is not a significant channel through which the negative effect propagates. |
| Keywords: | conflict, difference-in-differences, firm-level, tourism |
| JEL: | C31 D74 L6 L83 |
| Date: | 2017–09 |
| URL: | http://d.repec.org/n?u=RePEc:iez:wpaper:1704&r=tur |