Search results for "TOURISM"
showing 10 items of 1457 documents
Residents' perceptions of the economic impact of sports tourism. Differences according to the geographical location of the town
2018
Sports tourism has become a major tourist draw in recent decades. People are increasingly in favour of hosting such activities, given the many benefits it can bring to the community. The economic impact of such events is known but not the perceptions that residents have about this type of impact. Researchers also highlight the differences that the populations may have according to the geographical area where they are located and their influence on sports tourism activities. Therefore, the aim of the study is to investigate residents' perceptions of the economic impact of sports tourism according to the population of residence, differentiating between rural, urban and coastal populations. A …
Impact of COVID-19 on the travel and tourism industry.
2021
Abstract Our paper is among the first to measure the potential effects of the COVID-19 pandemic on the tourism industry. Using panel structural vector auto-regression (PSVAR) (Pedroni, 2013) on data from 1995 to 2019 in 185 countries and system dynamic modeling (real-time data parameters connected to COVID-19), we estimate the impact of the pandemic crisis on the tourism industry worldwide. Past pandemic crises operated mostly through idiosyncratic shocks' channels, exposing domestic tourism sectors to large adverse shocks. Once domestic shocks perished (zero infection cases), inbound arrivals revived immediately. The COVID-19 pandemic, however, is different; and recovery of the tourism ind…
Travel and Tourism as a Driver of Economic Recovery
2013
Abstract Nowadays countries are trying to overcome the adverse effects of this crisis but have failed to recover their positions due to severe recession and worsening economic conditions. Tourism can be one of the pillars that should be supported by governments around the world as part of the solution to stimulate economic growth. The paper examines the economic impact of tourism industry worldwide and with a focus to Romania. It also advances some solutions for the design of a more effective and efficient policy framework in order to take a proactive stance in tailoring policies and development of the tourism sector.
Unbundling technology adoption and tfp at the firm level. Do intangibles matter?
2012
We use a panel of European firms to investigate the relationship between intangible assets and productivity. We distinguish between total factor productivity (tfp) and technology adoption, whereas standard estimations consider only a notion of productivity that conflates the two effects. Although we are unable to address simultaneity, we allow for the existence of multiple technologies within sectors through a mixture model approach. We find that intangible assets have nonnegligible effects that both push firms toward better technologies (technology adoption effects) and allow for more efficient exploitation of a given technology (tfp effects).
COVID‐19 and tourism: What can we learn from the past?
2020
Abstract The impact of the COVID‐19 crisis on tourism flows is without precedent in terms of speed and severity. In this paper, we try to infer a possible future scenario for the tourism sector, evaluating the medium‐term effects of past pandemics on tourist arrivals. We find that pandemics lead to a persistent decline in tourist arrivals, with the effects being larger in developing and emerging countries. Interestingly, the effects are heterogeneous across countries and episodes, and depend on several economic conditions such as the overall health system performance, the severity of the shock, and the uncertainty induced by the pandemic event.
TERRORISM AND INTERNATIONAL TOURISM: NEW EVIDENCE
2008
This paper analyses the impact of terrorist activity on international tourist flows. To this end, we have estimated a cross‐sectional gravity equation for tourism from the G‐7 countries to a sample of 134 destinations over the period 2001–2003. Within this framework, we evaluate the deviation from ‘normal’ tourist flows due to terrorist activity, which is considered as negative advertising for the affected country. The analysis suggests that both domestic victims and international attacks are relevant factors when foreign tourists make their choice. This result is robust under alternative specifications. Moreover, the impact of terrorism is more severe in developing countries. The author is…
Free admission in museums and monuments : An exploration of some perceptions of the audiences.
2008
This paper considers the theme of the audiences' perceptions of free admission in national French museums and monuments. The results show that, from an individual perspective, perceptions of free admission are linked to perceptions of price, money and payment, hence complementing perceptions expressed in a collective perspective (a symbolic, political measure causing either adhesion or rejection). These perspectives are generally put forward by both advocates and opponents of the measure in their discussions. These different visions of free admission have managerial implications for managers of museums and monuments. Copyright © 2007 John Wiley & Sons, Ltd.
Evaluation of the perceived social impacts of the Formula E Grand Prix of Santiago de Chile David
2020
[Abstract] The aim of this study is to analyse residents' perception of the social impact of the Formula E Grand Prix of Santiago de Chile. A sample of 414 residents was collected through a questionnaire made up of 46 items regarding possible positive and negative impacts. Descriptive analysis, confirmatory factorial analysis and cluster analysis were performed. The results showed two groups with different perceptions of this sporting event: realistic (n=152) and favourable (n=162). Sociodemographic variables referring to education level, civil status, income level, location of the family residence and political orientation contribute to significantly differentiating the clusters. The varia…
Is the tourism–economic growth nexus time-varying? Bootstrap rolling-window causality analysis for the top 10 tourist destinations
2017
This article explores the time-varying causal nexus between tourism development and economic growth for the top 10 tourist destinations in the world, namely China, France, Germany, Italy, Mexico, t...
Problems of Monetary Rewards in Tourist Organizations
2020
Over years, management and marketing have been influential and useful to organize the working condition in modern corporations in tourism fields. The classical literature suggests that motivated workers enhance their commitment to the goal of the corporation. In this process, the assistance of managers is vital to achieve the success. In doing so, the program of incentive (monetary awards) gives to workers a reason to internalize management decisions. This not only is not truth, but also, we have found in this case-study opposite evidence. The capital somehow disorganizes the human relations and harmony in service organizations. Of course outcomes of this review should not be extrapolated t…