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on Tourism Economics |
| By: | Das, Partha (Acharya Brojendra Nath Seal College, Cooch Behar-736101, India) |
| Abstract: | COVID-19 has wreaked havoc on world economy including tourism and hospitality industry. While international tourism has been on a slump for most of the last three years, people and organisations involved in the sector need to focus on domestic tourism for a slow but steady turn around. India with a huge share of annual domestic tourists is better positioned to cope up with this scenario. Tourism Department, Govt. of West Bengal has been promoting and developing different tourist circuits in the state for the last two decades. Dooars circuit, located in a comparatively backward region in the northern foothills of the state deserves more attention. With various kinds of tourist spots and events, it attracts visitors throughout the year. Impact of the pandemic and subsequent lockdown has been felt here too. The tourism sector has suffered a setback and most of the people associated with it, have lost their earning and livelihood. Thus promoting domestic tourism in Dooars is the only feasible way to protect the industry and its workers. The present paper attempts to make an appraisal of the tourism infrastructure and services available at different tourist attractions spread over the region. It aims to suggest some policies for improvement of the tourism scenario in general and domestic tourism in particular. |
| Date: | 2023–03–26 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:r7vgk_v1 |
| By: | Cotte Poveda, Alexander; Pardo Martínez, Clara Inés |
| Abstract: | The tourism industry is economically very important. According to the World Travel Tourism Council, in 2019, the tourism industry accounted for a quarter of all new jobs created worldwide, 10.3% of all jobs, and 9.6×1012 USD of the global gross domestic product. This study aimed to calculate the tourism efficiency index for different Latin American countries from 2010 to 2021 using data envelopment analysis, which analyzes the relationships between input variables (including the number of employees in the tourism industry and the number of hotel-type establishments) and output variables (including tourism expenditures in other countries and public social expenditures in recreation and culture per capita). Additionally, this study aimed to identify the countries with greater tourism development and the factors that may affect the development of the tourism industry through the stochastic frontier production function. The results of the tourism efficiency index for Central America (including Costa Rica, Dominica, El Salvador, Honduras, Mexico, and Panama) and South America (including Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay) exhibited different trends. However, after the global health crisis, the tourism industry recovered, showing new opportunities to promote sustainability. The results of the stochastic frontier production function demonstrated that countries with higher levels of inbound and outbound tourism, contribution of tourism to the economy, natural resources, and literacy rate exhibited more efficient tourism industry, whereas countries with higher pollution levels exhibited less efficient tourism industry. The findings of this study could allow us to formulate suitable public policies to promote tourism, maintain natural resources, and diversify these sectors with more inclusive programmes that can facilitate growth and benefit vulnerable communities. |
| Keywords: | Tourism industry, Tourism efficiency, index Stochastic frontier, production function, Data envelopment analysis (DEA), Latin America. |
| JEL: | O10 O13 |
| Date: | 2024–12–02 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:123619 |
| By: | Crabolu, Gloria; Font, Xavier; Eker, Sibel |
| Abstract: | Methods to capture the complexity of using policy instruments would allow us to better evaluate the reasons for their effectiveness. Drawing from complexity science, we produce a Causal Loop Diagram to analyse the implementation of two informational policy instruments in a tourism destination: the Global Sustainable Tourism Council criteria and the European Tourism Indicator Scheme. To interpret the emerging system structure, we use complexity theory concepts of emergence; interdependence and interconnectivity; co-evolution; self-organisation; feedback; historicity and path dependence. This qualitative methodology sheds light on the interplay of factors that facilitate and impede the continuous use of these policy instruments. It shows how adopting a complexity science approach to evaluation studies can be invaluable to making tourism policy interventions more impactful. |
| Date: | 2023–03–08 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:2c83b_v1 |
| By: | Martínez, José David Cisneros; McCabe, Scott; Fernandez-Morales, Antonio |
| Abstract: | This study assesses the relative contributions that different demand segments make to a reduction in seasonality at tourism destinations. Specifically, we ask which types of markets are the most effective for counter-balancing seasonality in high seasonality-prone coastal destinations? This is particularly important where there is a significant presence of ‘non-market’ based segments, such as social tourists, as in Benidorm, Spain. The study integrates different statistical techniques to compare the relative effectiveness over time of four different groups (Imserso travellers, other domestic, the UK and other international) on the seasonality of demand in Benidorm. Using 10 years of accommodation data, we analyse trends in counter-seasonal effects of each segment through significant economic events (the Global Financial Crash and Brexit). The results confirm that both Imserso and UK travellers reduce seasonality in Benidorm. However, the analysis shows varying magnitudes and the specific effects that each segment exerts on seasonal variations, which has implications for destination managers when selecting strategies for market development to reduce seasonality over time. |
| Date: | 2023–08–25 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:g379k_v1 |
| By: | Bello, Ridwan Bolaji; Kassim, Olanrewaju Malik; Bello, Sodiq Oladayo |
| Abstract: | Voluntary ecolabeling programs have gained popularity in the tourism industry as initiatives for promoting ecofriendly practices among tourism firms. Yet, for these programs to appeal to firms, it is crucial that they generate positive market benefits for ecolabeled firms. This paper studies the effect of a sustainable tourism label on prices of hotel firms. It uses hotel listing data collected from Booking.com and covering more than 6, 000 hotels across 10 popular European cities. The paper finds that the presence of the ecolabel is associated with a price premium of approximately 10 percent in the full sample. However, point estimates of this premium vary across cities, from a low of 1 percent in Venice to a high of 22 percent in London. As a novel contribution, the paper shows that the ecolabel delivers a quantitatively and statistically significant price premium only in cities where tourism (destination) competitiveness is high and ecolabel attainment is low. The paper discusses the implications of these findings for firms and policymakers in the industry. |
| Date: | 2023–08–24 |
| URL: | https://d.repec.org/n?u=RePEc:wbk:wbrwps:10552 |