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on Tourism Economics |
| By: | Rinaldo Brau; Antonello E. Scorcu; Laura Vici |
| Abstract: | In this paper we assess the appeal of potential interventions on the tourism offer of Rimini, a popular Italian seaside holiday destination, by means of a choice modelling analysis. Tourism can be viewed as a composite good, its overall utility depending on the arrangement of the component characteristics. Our discrete choice experiments incorporate as attributes a number of possible changes to current tourist activities (the subject of public debate), including them in hypothetical alternative holiday packages. The conditional logit analysis indicates that tourists show lesser preference for interventions aimed at protecting the environmental integrity of the beach and greater preference for those, such as the creation of a pedestrianised seafront with late-night opening of amenities and facilities, that are likely to diminish the role of the traditional sea, sun and sand component of the overall holiday experience. |
| Keywords: | Destination planning; Tourism demand, Stated preference methods |
| JEL: | L83 C25 |
| Date: | 2007 |
| URL: | http://d.repec.org/n?u=RePEc:cns:cnscwp:200709&r=tur |
| By: | Eita, Joel Hinaunye; Jordaan, Andre C. |
| Abstract: | This paper investigates the determinants of tourism in Namibia for the period 1996 to 2005. The results indicate that an increase in trading partners’ income, depreciation of the exchange rate, improvement in Namibia’s infrastructure, sharing a border with Namibia are associated with an increase in tourist arrivals. The results show that there is unexploited tourism potential from Angola, Austria, Botswana, Germany, South Africa and the United States of America. This suggests that it is important to exploit the tourism potential as this would help to accelerate economic growth and generate the much needed employment. |
| JEL: | C50 F17 C23 C59 C33 |
| Date: | 2007–10–15 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:5788&r=tur |
| By: | James A Giesecke; John R Madden |
| Abstract: | A recent development in ex-ante analysis of mega events is the use of computable general equilibrium (CGE) models. CGE models improve greatly on the input-output model, which they have largely displaced, since they incorporate fixed factors and substitution effects. However, like input-output, the method is still subject to the risk of over-optimistic estimation of benefits. We see three sources of such risk: (i) failure to treat public inputs as costs; (ii) elastic factor supply assumptions; and (iii) overestimation of foreign demand shocks via inclusion of "induced tourism" expenditure. In this paper, we undertake an ex-post analysis of the Olympics that addresses each of these risks. We handle the first two directly: public services used to support the Games (such as security services) are treated as Games-specific inputs, and we model the national labour market in full employment. For the third risk, we undertake an historical simulation to uncover the extent, if any, of induced tourism. We find no evidence of an induced tourism effect, and so exclude it from our analysis. With these assumptions, we find the Sydney Olympics generated a net consumption loss of approximately $2.1 billion. |
| Keywords: | Olympics economic impact, major projects, regional dynamic CGE |
| JEL: | R13 H43 C68 |
| Date: | 2007–09 |
| URL: | http://d.repec.org/n?u=RePEc:cop:wpaper:g-168&r=tur |
| By: | Alfonso Rodriguez Árias; Maria Alice Cunha Barbosa |
| Abstract: | The central aim of this study is to achieve a deeper understanding of the formal employment market in the tourism sector. It describes the profile of labour employed (demographic and educational characteristics and employment types) and remuneration, with a view to providing information for analysis of the sector and for the planning and implementation of public and private sector programs. |
| Date: | 2007–11 |
| URL: | http://d.repec.org/n?u=RePEc:ipe:ipetds:1308&r=tur |
| By: | George R. Parsons (Graduate College of Marine Studies and Department of Economics,University of Delaware); Steven M. Thur (NOAA Office of Response and Restoration) |
| Abstract: | We estimated the economic value of changes in the quality of a coral reef ecosystem to SCUBA divers in the Caribbean using a stated preference mail survey. Our sampling frame was all divers with U.S. home addresses who purchased a tag required for diving in the Bonaire National Marine Park in 2001. Divers were asked how they might have altered their trip choice had the quality of the coral reef system been different from what they experienced. From these responses we inferred the value of three different levels of quality defined by visibility, species diversity, and percent coral cover. We used random utility theory and mixed logit to analyze the choice questions. Our sample size was 211, and our survey response rate is 75%. For modest changes in quality we estimate per person annual losses at $45. For larger losses the value is $192. |
| Keywords: | coral reef, marine protected area, non-market valuation |
| URL: | http://d.repec.org/n?u=RePEc:dlw:wpaper:07-18.&r=tur |
| By: | Arjan Lejour; Andrea Mervar; Gerard Verweij |
| Abstract: | We explore the economic implications of the possible accession of Croatia to the European Union. We focus on two main changes associated with the EU-membership: accession to the internal European Market and institutional reforms in Croatia triggered by the EU-membership. consumption per capita in Croatia is estimated to rise by about 2.5% as a result of accession to the internal market. In particular the textile and wearing apparel sectors expand. If Croatia succeeds in reforming its domestic institutions in response to the EU-membership, income levels in Croatia could increase even more. In particular, tentative estimates suggest that GDP per capita in Croatia could even rise by additional 8%. Overall, the macroeconomic implications for the existing EU countries are negligible. |
| Keywords: | Regional economic integration; General equilibrium model; Gravity equations; Institutional reform; Croatia |
| JEL: | F13 F15 |
| Date: | 2007–10 |
| URL: | http://d.repec.org/n?u=RePEc:cpb:docmnt:154&r=tur |