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on Tourism Economics |
| By: | Bruno Marques (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles); Jean Mado (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles); Vincent Valmorin (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles); J Velin (CEREGMIA - Centre de Recherche en Économie, Gestion, Modélisation et Informatique Appliquée - UA - Université des Antilles) |
| Abstract: | Considering the tourist destination as a set of agents with heterogeneous objectives, the paper identifies the Pareto optimality conditions of the tourism product, designed as set of different goods. Out of an optimization model with numerous agents and constraints, two theorems require three sequential conditions for the existence and location of the optimal tourism product: the unequal weight of the agents, the predominance of external objectives and the need for an imperfectly competitive market in the tourist activities. With heterogeneity at the heart of the model, the paper establishes tourism policy as a trade-off between heterogeneous objectives of economic agents and economic conditions revealed by prices |
| Abstract: | En considérant la destination touristique comme un ensemble d'agents aux objectifs hétérogènes, l'article dégage les conditions d'optimalité parétienne du produit touristique, conçu comme assemblage de biens différents. Issus d'un modèle d'optimisation multi-agents et multicritères, deux théorèmes conditionnent l'existence et la localisation du produit touristique optimal à trois exigences séquentiellement liées : l'inégalité du poids des acteurs, la prédominance des objectifs attachés aux contraintes extérieures et la nécessité d'une structure de marché imparfaitement concurrentielle au sein des activités touristiques. En plus de mettre l'hétérogénéité au centre de la modélisation économique, l'article consacre la politique économique du tourisme comme arbitrage entre objectifs hétérogènes d'agents et conditions économiques révélés par les prix. Abstract Considering the tourist destination as a set of agents with heterogeneous objectives, the paper identifies the Pareto optimality conditions of the tourism product, designed as set of different goods. Out of an optimization model with numerous agents and constraints, two theorems require three sequential conditions for the existence and location of the optimal tourism product: the unequal weight of the agents, the predominance of external objectives and the need for an imperfectly competitive market in the tourist activities. With heterogeneity at the heart of the model, the paper establishes tourism policy as a trade-off between heterogeneous objectives of economic agents and economic conditions revealed by prices. 2 |
| Keywords: | Pareto optimality,Tourist product,Tourist destination,Destination touristique,Produit touristique ,Optimalité parétienne |
| Date: | 2018–01–19 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-01687976&r=tur |
| By: | Diego Aboal; Gustavo Crespi; Marcelo Perera |
| Abstract: | This paper analyzes the impact of a cluster tourism policy in the region of Colonia, Uruguay. The policy was implemented as part of an IDB-supported program. The study conducted a comparative analysis of Colonia vs. other tourism regions of the country applying a synthetic control method. This method of identifying the counterfactual is especially useful in comparative case studies where there are a limited number of control units. This is the first time that the synthetic control method has been applied to a cluster policy. The estimations show a positive impact of the cluster program on the inflow of international tourists to Colonia of 30 percent in the period 2008–2015; however, no significant impact on total expenditure was found. |
| Keywords: | Cluster Development Programs, Impact evaluation, cluster policy, impact evaluation, synthetic control methods |
| Date: | 2017–09 |
| URL: | http://d.repec.org/n?u=RePEc:idb:brikps:8510&r=tur |
| By: | W. Addessi; B. Biagi; M.G. Brandano |
| Abstract: | International tourism demand has grown overtime and tourism now represents one of the most growing sector worldwide. International tourist arrivals reached 1,235 million in 2016 (UNWTO, 2017), and Europe with approximately 620 million international tourists, represents just over half the world's total (50%; UNWTO, 2017). In 2002 a unique currency was introduced in some EU countries. Many applied research focuses on the effect of the common currency policy on Eurozone trade flows (Micco et al., 2003; Faruquee, 2004; Flam and Nordstrom, 2006; Aristotelous, 2006; Baldwin, 2006; Bun and Klaassen, 2007; Frankel, 2010; Camarero et al., 2013; Sadeh, 2014). On the contrary, to date very few papers analyse the effect of this monetary policy on exchange in the service sector, and specifically on tourism flows (RÃ tz and Hinek, 2006; Gil-Pareja et al., 2007; Thompson and Thompson, 2010; De Vita, 2014; Santana-Gallego et al., 2010; 2016). The main aim of the present paper is to investigate whether and to what extent the introduction of euro affects tourist flows in a sample of European and non- European countries over the period 1995-2013. To do this, we apply a technique of policy evaluation named Synthetic control method (SCM henceforth) first proposed in a seminal work by Abadie and Gardeazabal in 2003. Using this methodology, we compare the post-euro tourism exchange trajectory of countries introducing the euro as common currency in 2002 (i.e. the treated unit) with the trajectory of countries not affected by the policy (i.e. non-treated countries). |
| Keywords: | tourism;synthetic control method;European countries;Bilateral flows. |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:cns:cnscwp:201804&r=tur |
| By: | Turrión Prats, Judith; Duro Moreno, Juan Antonio |
| Abstract: | Seasonality in tourism consists of the disequilibrium in tourist numbers over the course of the year and has become one of the main problems for the sustainability and growth of the sector. The aim of this study, given the sparse quantitative literature on the subject, is to explore the relevance, changes over time, and explanatory factors of seasonality across a wide range of Spain’s tourist destinations (124) for the period 2006–2012. The econometrical analysis is carried out based on a fixed effects panel data model that maximizes estimation efficiency. We think that some implications can be derived in terms of tourist policy. Keywords: Tourist seasonality; Tourist destinations in Spain; Measurement. |
| Keywords: | Turisme -- Espanya -- Models economètrics, 338 - Situació econòmica. Política econòmica. Gestió, control i planificació de l'economia. Producció. Serveis. Turisme. Preus, |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:urv:wpaper:2072/306518&r=tur |