By Álvaro Matias, Peter Nijkamp, Manuela Sarmento
'Advances in Tourism Economics' follows his predecessor 'Advances in glossy Tourism study' (2007) in delivering an intensive evaluation of state of the art monetary examine during this speedily constructing box. The authors begin via studying the hot upsurge of model-based fiscal examine within the box, which builds on strong instruments in quantitative economics, corresponding to discrete selection versions, social accounting matrices, information envelopment analyses, effect evaluate versions or partial computable equilibrium types together with environmental externalities. the amount originates from this novel study spirit within the sector and goals to provide an enticing choice of operational learn instruments and ways. It types an beautiful list of recent tourism economics and positions the sector in the powerful culture of quantitative fiscal examine, with due realization for either the call for and provide part of the tourism quarter, together with technological and logistic advances.
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Extra info for Advances in Tourism Economics: New Developments
3 also indicates that more recent data is related to lower multipliers, and that a sunny destination relates to high multipliers and a destination with a mix of attractions to lower ones. Furthermore, multipliers published in an article and dealing with cities are related to low multipliers. The rules which only include variables related to the publication show that, when the data is older, and the multiplier is described in a conference paper, its value is higher. The rules including the area-specific attributes do not include the population attribute.
Matias et al. 1007/978-3-7908-2124-6_3, C Physica-Verlag Heidelberg 2009 35 36 V. Lacagnina and D. Provenzano parameters of the model and the results of the conducted experiments. Finally, Sect. 5 concludes the paper. 2 State of the Art and Theoretical Background The analysis of the hotels’ efficiency up to now represents a neglected area. There is just a small number of studies among which the earliest ones make use of ratios to evaluate the performance of the lodging industry (Baker and Riley 1994), or use the break even analysis to discern the effectiveness of tourism management (Wijeysinghe 1993) or the yield management (Brotherton and Mooney 1992; Donaghy et al.
However, in some of the studies used for the meta-analysis, it is described how the tourism multipliers are derived. 5 shows the distribution of tourism expenditures over several sectors, as described in 7 studies. The last column shows the distribution estimated for the Dutch towns. The first two studies describe the distribution of expenditures of tourists visiting a region in Spain and Denmark. These tourists spend most of their money on accommodation, around 60%. The other studies focus on cities, of which Christchurch and Akaroa in New Zealand are the smallest and most similar to the Dutch towns.
Advances in Tourism Economics: New Developments by Álvaro Matias, Peter Nijkamp, Manuela Sarmento