nep-tur New Economics Papers
on Tourism Economics
Issue of 2021‒03‒08
three papers chosen by
Laura Vici
Università di Bologna

  2. Tourism Management in Tahura Sultan Adam (Case Study in Mandiangin Timur Village and Mandiangin Barat) By Sompa, Andi Tenri
  3. Disrupted lending relationship and borrower's strategic default: evidence from the tourism industry during the Greek economic crisis By Panagiotis Avramidis; Ioannis Asimakopoulos; Dimitris Malliaropulos

  1. By: Susniwati, Susniwati
    Abstract: Batu City is known as one of the leading tourist cities in Indonesia because of its extraordinary potential of natural beauty. The purpose of this research is to analysize the actor network in tourism management based on sustainable development in Batu City. This study used a descriptive research method with a qualitative approach. As a result it is recommended to strengthen the role Department of Environmental Service in tourism development policies in Batu City. Batu City Government needs to establish a forum for “Community Conscious Environment” as a controlling agent. Batu City Government also needs to expand cooperation with academics, especially in environmental assessment cooperation.
    Date: 2020–10–19
  2. By: Sompa, Andi Tenri
    Abstract: Sultan Adam Tahura is the largest Tahura area in Indonesia. A Tahura which has the widest area is both a pride and a challenge in maintaining and managing this area so that it can benefit the community, both ecologically, economically, and socially. This study aims to describe how the management of Sultan Adam's Tahura natural tourism in several ways perspective development. A qualitative approach is used in research. To provide in-depth descriptions, descriptive methods are implemented. Data collection stages through three stages. Analysis model of Miles and Huberman chose for present narrative text in research. The results of the study describe that the Community Empowerment Program that has been implemented following the principle of community empowerment in the management of the Sultan Adam Tahura natural tourism in Belangian Village, Aranio Subdistrict, Banjar Regency is as follows: 1) Program for the Use of Village Fund Allocation, 2) the Riam Kanan Watershed Rehabilitation Program, 3) Social Forestry Program in the form of Forestry Partners, and 4) Tourism Village Development Program. The fourth economic impact of the Community Empowerment Program implemented in Belangian Village, the District as a whole can be concluded that it has been able to improve the welfare of Belangian Village residents.
    Date: 2021–01–31
  3. By: Panagiotis Avramidis (Alba Graduate Business School, The American College of Greece); Ioannis Asimakopoulos (Bank of Greece); Dimitris Malliaropulos (Bank of Greece and University of Piraeus)
    Abstract: Using a sample of bank loans to firms operating in the tourism industry for the period 2010-2015, and regional variation of tourism activities to identify the strategic defaulted firms, we examine the impact of Greek banks consolidation on the firms’ payment behavior. We show that a merger-induced impairment of the lending relationship is related to a higher likelihood of strategic default by the target bank’s borrowers. In contrast, mergers with a limited impact on the lending relationship have no effect on the probability of strategic default of target bank’s borrowers. The results highlight the importance of relationship lending benefits in strategic default decisions. Our findings are robust to the alternative interpretation of soft budget constraints.
    Keywords: Bank consolidation; strategic default; lending relationship.
    JEL: G21 G32 G33
    Date: 2021–01

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