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on Tourism Economics |
| By: | Sheilla Nyasha (Pretoria, South Africa); Nicholas M Odhiambo (Pretoria, South Africa); Simplice A. Asongu (Yaoundé, Cameroon) |
| Abstract: | This study examines the dynamic impact of tourism development on economic growth in sub-Saharan Africa (SSA) using the Generalised Method of Moments and data covering the period from 2002 to 2018. The increasingly important role of tourism and the limelight the tourism sector has been enjoying of late, on the one hand, and the lack of sufficient coverage of tourism-growth nexus studies in Africa in general and in SSA in particular, motivated this study. Unlike most of the known panel data-based studies on tourism development and economic growth, this study has split the sub-Saharan African countries into low-income and middle-income sub-Saharan African countries. The results of the study show that tourism expenditure negatively affects economic growth while tourism receipts have the opposite effect in SSA. The findings are robust to the low-income sub-sample while only the effect of tourism expenditure is robust in the middle-income sub-sample. |
| Keywords: | Tourism Development; Economic Growth; Sub-Saharan Africa, SSA, Middle Income Countries, Low Income Countries, Generalised Method of Moments, GMM |
| JEL: | O10 O40 Z3 Z32 |
| Date: | 2020–01 |
| URL: | http://d.repec.org/n?u=RePEc:abh:wpaper:20/044&r=all |
| By: | Serhan Cevik |
| Abstract: | This paper develops a gravity model framework to estimate the impact of infectious diseases on bilateral tourism flows among 38,184 pairs of countries over the period 1995–2017. The results confirm that international tourism is adversely affected by disease risk, and the magnitude of this negative effect is statistically and economically significant. In the case of SARS, for example, a 10 percent rise in confirmed cases leads to a reduction of as much as 9 percent in tourist arrivals. Furthermore, while infectious diseases appear to have a smaller and statistically insignificant negative effect on tourism flows to advanced economies, the magnitude and statistical significance of the impact of infectious diseases are much greater in developing countries, where such diseases tend to be more prevalent and health infrastructure lags behind. |
| Keywords: | Communicable diseases;Tourism;COVID-19 ;Ebola;Health;WP,infectious disease,yellow fever |
| Date: | 2020–07–03 |
| URL: | http://d.repec.org/n?u=RePEc:imf:imfwpa:2020/112&r=all |
| By: | RIBEIRO BARRANCO Ricardo (European Commission - JRC); BATISTA E SILVA Filipe (European Commission - JRC); JACOBS Christiaan (European Commission - JRC); PROIETTI Paola (European Commission - JRC); PIGAIANI Cristian (European Commission - JRC); KAVALOV Boyan (European Commission - JRC); KUCAS Andrius (European Commission - JRC); KOMPIL Mert (European Commission - JRC); VANDECASTEELE Ine (European Commission - JRC); LAVALLE Carlo (European Commission - JRC); RAINOLDI Alessandro (European Commission - JRC) |
| Abstract: | From the start of the COVID-19 pandemic in Europe, tourism was one of the first and most severely affected sectors. With the gradual imposition of related containment measures in a number of EU countries, various hypotheses were put forward at European, national and regional level concerning whether, what and how the tourism sector was impacted. The goal of this Policy Insights brief is to provide a detailed spatial analysis of tourism expenditure in EU Regions before the COVID-19 crisis (assumed baseline year: 2018). This characterisation can thus be used in economical impact assessment to evaluate the pandemic severity and delineate relevant policy scenarios. |
| Keywords: | covid-19, tourism, territorial modelling, LUISA, knowledge centre for territorial policies |
| Date: | 2020–12 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc122857&r=all |
| By: | Anh Thi Ngoc Nguyen |
| Abstract: | In this paper, we review developments in Japanese inbound tourism and investigate the main determinants of its rapid growth prior to the COVID-19 pandemic. Using a panel autoregressive distributed lag (ARDL) model with data on 34 tourism source markets from 1996Q1 to 2018Q4, we find that not only tourist income and tourism-related relative prices, also visa policies have had significant impacts on Japan’s inbound tourism demand in the long run. In the short run, natural disasters have had large and prolonged effects on tourism. We then derive policy implications for the post-COVID-19 revival of Japanese inbound tourism. |
| Keywords: | Tourism;Personal income;COVID-19 ;Real exchange rates;Communicable diseases;WP |
| Date: | 2020–08–21 |
| URL: | http://d.repec.org/n?u=RePEc:imf:imfwpa:2020/169&r=all |
| By: | World Bank Group |
| Keywords: | Agriculture - Agricultural Sector Economics Environment - Tourism and Ecotourism Industry - Accommodation & Tourism Industry Industry - Agricultural Industry Industry - Fishing Industry Industry - Food & Beverage Industry |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:33183&r=all |
| By: | Daniel Hernández (UNAM - Universidad Nacional Autónoma de México) |
| Abstract: | Tourism has been proposed as a way of achieving development, creating the idea of higher incomes for the population, as well as the possibility of energizing regional and local economies, starting with extracting value from these territories and providing related services. The following work reflects how religious tourism in rural areas in Mexico has become an instrument for the reproduction of capital through precarious economies, in the context of rural young people who make a living from constant travel in search of income opportunities at religious parties and sanctuaries. |
| Abstract: | El turismo se ha propuesto como una vía para lograr el desarrollo, esto ha expandido la idea de mayores ingresos para la población, así como la posibilidad de dinamizar economías regionales y locales, partiendo de extraer el valor a los territorios y la prestación de servicios relacionados. El siguiente trabajo, reflexiona como el turismo religioso en espacios rurales en México se ha constituido en un instrumento para la reproducción de capital a través de economías precarias. En estricto sentido de jóvenes rurales que para ganarse la vida realizan constantes desplazamientos en búsqueda de oportunidades de ingresos en fiestas y santuarios. |
| Keywords: | Mobility,Rural Youth,Tourism,Inequality,Movilidad,Juventud Rural,Desigualdad,Turismo |
| Date: | 2020–09–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03042607&r=all |
| By: | Rim Krouk; Fernando Almeida |
| Abstract: | Society is undergoing many transformations and faces economic crises, environmental, social, and public health issues. At the same time, the Internet, mobile communications, cloud technologies, and social networks are growing rapidly and fostering the digitalization processes of business and society. It is in this context that the shared economy has assumed itself as a new social and economic system based on the sharing of resources and has allowed the emergence of innovative businesses like Airbnb. However, COVID-19 has challenged this business model in the face of restrictions imposed in the tourism sector. Its consequences are not exclusively short-term and may also call into question the sustainability of Airbnb. In this sense, this study aims to explore the sustainability of the Airbnb business model considering two theories which advocate that hosts can cover the short-term financial effects, while another defends a paradigm shift in the demand for long-term accommodations to ensure greater stability for hosts. |
| Date: | 2021–01 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2101.00281&r=all |