nep-tur New Economics Papers
on Tourism Economics
Issue of 2021‒08‒09
three papers chosen by
Laura Vici
Università di Bologna

  1. Gambling Tourism and Economic Development: Some Lessons from Macao By Metaxas, Theodore; Folinas, Sotiris
  2. COVID-19 Tourism Recovery in the ASEAN and East Asia Region: Asymmetric Patterns and Implications By Stathis Polyzos; Anestis Fotiadis; Aristeidis Samitas
  3. Tourism in Central America and the Dominican Republic in the face of digital technologies. Challenges and opportunities for MSMEs By Peralta, Leda

  1. By: Metaxas, Theodore; Folinas, Sotiris
    Abstract: This article aims to explore and document the relationship between forms of alternative tourism and economic development. More specifically, the subject of this investigation will be whether a small national economy is able to rely wholly or largely on tourist flows as a source of income and even to invest in a single type of tourism. Alternative forms of tourism, gaming tourism as well as the features of territorially limited countries and how they are linked to the case of Macao will also be objects of study and annotation. With the process of text production through scientific articles, statistical data, and reliable databases, this article attempts to satisfy the investigated relationship as well as the stemming questions.
    Keywords: gaming tourism; tourism-based development; regional development; small island developing states; Macao.
    JEL: L83
    Date: 2021–02–28
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:107464&r=
  2. By: Stathis Polyzos; Anestis Fotiadis; Aristeidis Samitas (College of Business, Zayed University, Abu Dhabi, UAE)
    Abstract: The aim of this paper is to produce forecasts for tourism flows and tourism revenue for ASEAN and East Asian countries after the end of the COVID-19 pandemic. By implementing two different machine-learning methodologies (the Long Short Term Memory neural network and the Generalised Additive Model) and using different training data sets, we aim to forecast the recovery patterns for these data series for the first 12 months after the end of crisis. We thus produce a baseline forecast, based on the averages of our different models, as well as a worst- and best-case scenario. We show that recovery is asymmetric across the group of countries in the ASEAN and East Asian region and that recovery in tourism revenue is generally slower than in tourist arrivals. We show significant losses of approximately 48%, persistent after 12 months, for some countries, while others display increases of approximately 40% when compared to pre-crisis levels. Our work aims to quantify the projected drop in tourist arrivals and tourism revenue for ASEAN and East Asian countries over the coming months. The results of the proposed research can be used by policymakers as they determine recovery plans, where tourism will undoubtedly play a very important role.
    Keywords: COVID-19, tourism, deep learning, ASEAN, East Asia
    JEL: H12 P46 Z32
    Date: 2021–06–08
    URL: http://d.repec.org/n?u=RePEc:era:wpaper:dp-2021-12&r=
  3. By: Peralta, Leda
    Abstract: Tourism micro, small and medium-sized enterprises (MSMEs) recognize the importance of digital tools to attract tourists, showcase the company and sell products and services. However, they make basic use of these tools to communicate and promote the company, missing opportunities to improve their competitiveness, productivity and sustainability. This study analyses the state of the digital transformation of tourism MSMEs in the member States of the Central American Integration System (SICA), both their internal capacities and external conditions that affect their ability to innovate. The study follows a cross-cutting gender analysis and describes the innovation capacity of rural tourism companies.
    Keywords: TURISMO, INNOVACIONES TECNOLOGICAS, TECNOLOGIA DIGITAL, PEQUEÑAS EMPRESAS, EMPRESAS MEDIANAS, INTERNET, TECNOLOGIA DE LA INFORMACION, TECNOLOGIA DE LAS COMUNICACIONES, BANDA ANCHA, COMERCIO ELECTRONICO, INCLUSION FINANCIERA, GENERO, ESTRATEGIA EMPRESARIAL, FOMENTO DEL TURISMO, TOURISM, TECHNOLOGICAL INNOVATIONS, DIGITAL TECHNOLOGY, SMALL ENTERPRISES, MEDIUM ENTERPRISES, INTERNET, INFORMATION TECHNOLOGY, COMMUNICATION TECHNOLOGY, BROADBAND, ELECTRONIC COMMERCE, FINANCIAL INCLUSION, TOURISM DEVELOPMENT, CORPORATE STRATEGIES, GENDER
    Date: 2021–07–15
    URL: http://d.repec.org/n?u=RePEc:ecr:col094:47071&r=

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