scholarly journals The Empirical Test on the Impact of Climate Volatility on Tourism Demand: A Case of Japanese Tourists Visiting Korea

2018 ◽  
Vol 10 (10) ◽  
pp. 3569
Author(s):  
Yun Hwang ◽  
Hyung Kim ◽  
Cheon Yu

As climate is not only a valuable tourism resource but also a factor influencing travel experience, estimating climate volatility has implications for sustainable development of the tourism industry. This study develops the Climate Volatility Index (CVI) using a Generalized Autoregressive Conditional Heteroscedasticity (GARCH) model and estimates the relationship between CVI and Japanese tourism demand in Korea, using a tourism demand model based on monthly data from January 2000 to December 2013. Possible time lags and multicollinearity among variables are considered for the model specification. The results show that an increase in climate volatility leads to a decrease in tourism demand.

Author(s):  
Yun Seop Hwang ◽  
Hyung Sik Kim ◽  
Cheon Yu

As climate is not only a valuable tourism resource but also a factor influencing travel experience, estimating climate change can provide implications to sustainable development of the tourism industry. This study develops Climate Volatility Index (CVI) using GARCH model and estimates the relationship between CVI and Japanese tourism demand for Korea using a tourism demand model, based on data from January 2000 to December 2013. Time lag is applied based on a decision making process regarding travel destinations. The result shows that an increase in volatility of climate change leads to a decrease in tourism demand.


2021 ◽  
pp. 135481662110528
Author(s):  
Joey Pek U Sou ◽  
Thea Vinnicombe

This study examines the relationship between governance, foreign direct investment (FDI), and tourism demand. Rather than treating governance as a direct determinant in a tourism demand model, the multifaceted nature of this concept is recognized and nested in the broader supply-side environment of a destination. Reducing five World Governance Index (WGI) dimensions into one holistic governance measure, which is then utilized as an instrument and operates through FDI, this study incorporates the indirect impact of governance on tourism demand in a two-stage least square (2SLS) regression model. The key findings demonstrate that governance is positively associated with FDI accumulation and that this effect is positively conducive to tourism demand. The results suggest a development strategy for building a competitive and sustainable tourism industry should be encompassed in a broader project of enhancing the political-economic environment of the destination.


2020 ◽  
Vol 25 (1) ◽  
pp. 175-181
Author(s):  
Kantaro Takahashi

This study explores the differences in tourism demand between French Polynesia and Singapore by applying the panel data technique. Although the tourism industry in these small states tends to be the main economic activity, they have a different economic structure: French Polynesia is highly dependent on the tourism industry, whereas Singapore has several service industries. This article applies the tourism demand model to panel data from 2008 to 2013. Different elasticities are observed in the model estimation between the two islands, such as income elasticity and transportation accessibility. Additionally, this article compares time dummies to estimate the impact of global bankruptcy in 2008. The results show that French Polynesia has slightly declined, while Singapore has gradually increased since 2008. An implication of this study is that the demand in a destination highly dependent on the tourism industry tends to result in a relatively high-income market, but the economy is affected by global phenomena. A destination that owns diversified industries is likely to have good accessibility, and the global economic impact is lower in the tourism market.


Author(s):  
Sheereen Fauzel ◽  
Boopen Seetanah

Many African states are relying on or have identified tourism to accelerate their growth and the continent has become the world’s second fastest growing tourist industry. However, African states have also not been spared by increasing terrorism attacks during the past decades, probably hindering the growth of this sector to certain extent. This study examines the relationship between terrorism and tourism for a sample of selected African countries over the period 1995 to 2017. Given the dynamic nature of tourism demand and the possibility of endogenous relationships in the terrorism-tourism nexus, dynamic panel data analysis, namely a Panel vector error correction model (PVECM) is employed. The results confirm that terrorism negatively affects tourism demand in Africa and this can be explained by the reactive psychology of tourists to the various aggravated terrorist attacks in the countries. Moreover, the findings show that an increase in tourism may have resulted in an increase in terrorist attacks, hence confirming a bi directional causality between tourism and terrorism.


2016 ◽  
Vol 92 (01) ◽  
pp. 101-111 ◽  
Author(s):  
Kyle W. Hilsendager ◽  
Howard W. Harshaw ◽  
Robert A. Kozak

British Columbia forests have traditionally been managed for timber production. However, the increasing importance of nature-based tourism within the province means that forests also have significant value as a tourism resource. This can lead to conflicts between the forestry and tourism industries. This article examines tourism and forestry interests on Vancouver Island and discusses ways that forests could be managed to reduce negative impacts to the tourism industry. Eighteen semi-structured interviews were conducted with forestry and tourism industry professionals on Vancouver Island and elsewhere in British Columbia. Findings suggest that visual impacts associated with forestry can negatively impact tourism. It also appears that forestry receives a much higher priority than tourism when it comes to forest management, despite the vital importance of the tourism industry to the Vancouver Island economy. Displeasure over the lack of communication requirements between the forest industry and other stakeholders was also documented. The implementation of formal agreements between the two industries may potentially reduce conflicts between these two industries on Vancouver Island. Identification and special management of highly valuable tourism areas may also provide benefits to the Vancouver Island tourism industry.


2020 ◽  
Vol 44 (1) ◽  
pp. 83-112
Author(s):  
Nur Zarifah Dhabitah Mahat ◽  
Mohd Hafiz Hanafiah

This paper aims to examine the impact of TripAdvisor reviews on behavioural intentions, basing on travellers' trust towards the e-WOM reviews. Four factors are proposed for building travellers’ trust and behavioural intentions: information quality, credibility, adoption and usefulness. Trust is expected to mediate the relationship between eWOM attributes and travellers’ behavioural intention. Data from 410 travellers were analysed using Partial Least Square-Structural Equation Modeling (PLS-SEM), and the findings show that TripAdvisor e-WOM attributes (information credibility, adoption and usefulness) significantly influence the traveller's trust. Besides, traveller behavioural intention was influenced considerably by TripAdvisor eWOM information credibility and usefulness. Lastly, trust in e-WOM significantly mediates travellers' behavioural intention. This paper confirms the importance of eWOM in the context of the tourism industry and travellers' trust and behaviour towards online review, which altered how consumers behave before deciding to travel.


2020 ◽  
Vol 60 (2) ◽  
pp. 401-416 ◽  
Author(s):  
Svetlana Stepchenkova ◽  
Veronika Belyaeva

This study puts to empirical test the existence of three attitudes toward object-based authenticity that have been theorized in the literature as realist, constructivist, and postmodernist. We examine the relationship between an individual’s orientation toward object-based authenticity and the existential authenticity of tourists’ experience and postvisitation intended behavior. Two tourism settings are used: a museum with genuine historical artifacts and a place where authenticity is re-created, reconstructed, and interpreted. We find that the impact of authenticity orientation depends on the nature of the site: it affects existential authenticity in the re-created setting only. The largest differences are recorded between realists and postmodernists. Intended behavior does not depend on authenticity orientation when we control for the impact of existential authenticity.


2013 ◽  
Vol 448-453 ◽  
pp. 4154-4158
Author(s):  
Ye Zhu ◽  
Zhen Fang Huang

As the development of tourism industry and changes in tourism demand, the competition between area tourism industries has become more and more fierce. The synergetic development is very important in optimizing the industrial structure, upgrading the tourism industry level and promoting industrial transformation. This paper analyzes the relationship of synergy development and urban tourism competitiveness, and discusses the problems encountered during tourism integrating in Jiangsu. Based on the discussion, this paper also puts forward some suggestions for exalting urban tourism competitiveness.


2000 ◽  
Vol 38 (1) ◽  
pp. 21-39 ◽  
Author(s):  
Zeric Kay Smith

This article provides an empirical test of a set of common theoretical assumptions concerning the relationship between political liberalisation, democratisation and ethnic conflict in Africa. The theory in question posits that liberalisation will result in short-term increases in ethnic conflict and that democratisation will be followed by a decrease in ethnic conflict. The article employs a cross-national and time sensitive data set to test this hypothesis in the context of contemporary sub-Saharan Africa. A compelling benefit of this methodology is that it allows for an explanation of variation in ethnic conflict both across states and over time.The results indicate that the relationship between political liberalisation and ethnic conflict is the reverse of what the common assumptions would predict. Liberalisation has had an inverse relationship to ethnic conflict in sub-Saharan Africa between 1988 and 1997. Democratisation does not have the hypothesised effect even when lagged variables are employed. Structural variables as represented by GDP per capita and infant mortality rates are also systematically related to ethnic conflict. The author concludes that policy makers and analysts should continue to pursue both liberalisation and democratisation but should not neglect the central role of an adequate resource base in reducing ethnic conflict in Africa. Political liberalisation and democratic institutions, while providing some measure of relief, are by no means silver bullets for the difficult challenges posed by ethnic conflict in Africa.


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