nep-tur New Economics Papers
on Tourism Economics
Issue of 2021‒07‒26
two papers chosen by
Laura Vici
Università di Bologna

  1. A model of factors affecting domestic tourist satisfaction on eco-tourism service quality in the Mekong Delta, Vietnam By Giao, Ha Nam Khanh; Vuong, Bui Nhat; Phuong, Nguyen Ngoc Duy; Dat, Ngo Tan
  2. The Greek tourism-led growth revisited: insights and prospects By Sarantis Lolos; Panagiotis Palaios; Evangelia Papapetrou

  1. By: Giao, Ha Nam Khanh; Vuong, Bui Nhat; Phuong, Nguyen Ngoc Duy; Dat, Ngo Tan
    Abstract: The objective of the present study is to explore the factors affecting domestic tourists’ satisfaction with the quality of ecotourism services. Survey data collected from 457 visitors visiting Mekong Delta, Vietnam were analyzed to provide evidence. Results from multiple regression analysis using SPSS software have determined that Food and beverage Shopping & entertainment services, Perceived price, Nature destination landscape, Security and Safety, Transportation had positive associations with domestic travelers’ satisfaction. Besides, this research also showed that female tourists tend to be more satisfied than male tourists. The main findings of this study provide practical implications for travel agencies and tourism managers. It implies that they should improve these factors in order to maintain and enhance domestic tourist satisfaction with the quality of ecotourism services in Mekong Delta, Vietnam.
    Date: 2021–06–29
  2. By: Sarantis Lolos (Panteion University); Panagiotis Palaios (National and Kapodistrian University of Athens); Evangelia Papapetrou (Bank of Greece and National and Kapodistrian University of Athens)
    Abstract: The paper investigates empirically the tourism-growth relationship in Greece, over the period 1960-2020. We find that the long-run relationship between tourism and output is positive and is characterized by a substantially faster convergence of output after a negative shock than after a positive one. Using asymmetric error-correction model analysis the results show that the short-term adjustment path occurs through the level of output for negative deviations from the long-run equilibrium, thus supporting the tourism-led growth hypothesis. Linear quantile regression analysis indicates that while the impact of tourism remains positive and significant across the output distribution it is stronger at lower quantiles of output than at higher ones. Our results have important policy implications, since the tourism-led growth hypothesis is a useful policy recommendation, but it should not be considered a cure-all policy.
    Keywords: tourism; economic growth; tourism-led growth hypothesis; threshold cointegration approach; quantile regression approach.
    JEL: C21 C24 F43 L83
    Date: 2021–02

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