Economic crises and tourism competitiveness: A Markov swtiching regression approach


Autoria(s): Perles Ribes, José Francisco; Ramón-Rodríguez, Ana B.; Rubia Serrano, Antonio
Contribuinte(s)

Universidad de Alicante. Departamento de Análisis Económico Aplicado

Universidad de Alicante. Departamento de Economía Financiera y Contabilidad

Economía del Turismo, Recursos Naturales y Nuevas Tecnologías (INNATUR)

Internacionalización de la Empresa y Comercio Exterior

Finanzas de Mercado y Econometría Financiera

Data(s)

18/09/2015

18/09/2015

07/09/2015

Resumo

Authors discuss the effects that economic crises generate on the global market shares of tourism destinations, through a series of potential transmission mechanisms based on the main economic competitiveness determinants identified in the previous literature using a non-linear approach. Specifically a Markov Switching Regression approach is used to estimate the effect of two basic transmission mechanisms: reductions of internal and external tourism demands and falling investment.

Identificador

Economics Bulletin. 2015, 35(3): 1906-1915

1545-2921

http://hdl.handle.net/10045/49512

Idioma(s)

eng

Publicador

Economics Bulletin

Relação

http://www.economicsbulletin.com/

Direitos

© The Authors

info:eu-repo/semantics/openAccess

Palavras-Chave #Economic crisis #Tourism destination competitiveness #Permanent shocks #Markov Switching Models #Economía Aplicada #Economía Financiera y Contabilidad
Tipo

info:eu-repo/semantics/article