Current trends in the global tourism industry: evidence from the United States

Tourism is one of the largest U.S. industries, serving millions of international and domestic tourists yearly. Tourists visit the U.S. to see natural wonders, cities, historic landmarks, and entertainment venues. Americans seek similar attractions as well as recreation and vacation areas. Tourism competes in the global market, so it is important to understand current trends in the U.S. travel industry. Therefore, this article offers insight into important trends and suggests strategies for policy makers involved in the travel and tourism industry.

Leverage instability and persistence: Evidence from the United States and Europe

We find that leverage behavior both in level and time-series variation is very similar between the United States and Europe throughout the 1990-2013 period. Leverage regimes are simultaneously unstable and persistent for both regions. We define instability as the extent to which firms largely deviate from their long-term leverage mean, while persistence as the extent to which today’s leverage influences its future levels. We then show that this simultaneous evidence imply a mean-reversion behavior of leverage and discuss some of its implications for future research on this field.

The relationship between liquidity and profitability in the food & beverage industry evidence from Europe and United States

This Work Project clarifies the relationship between liquidity and profitability based on a sample in the Food & Beverage (F&B) industry, and comparing the largest European and United States companies. The research concludes that liquidity, proxied by current ratio or quick ratio, correlates with return on assets taken as the measure of profitability, and so does the cash conversion cycle and its components. Moreover, company size correlates with liquidity, and indirectly affects ROA. This research contributes and addresses to managers in the F&B industry and recommends how they should act in order to improve profitability in the industry.

Contributions from the United States National Herbarium

v.1 (1890-1895)

Contributions from the United States National Herbarium

v.2 (1891-1894)

Contributions from the United States National Herbarium

v.3 (1892-1896)

Contributions from the United States National Herbarium

v.4 (1893)

Contributions from the United States National Herbarium

v.5 (1897-1901)

Contributions from the United States National Herbarium

v.6 (1901)

Contributions from the United States National Herbarium

v.7 (1900-1902)

Contributions from the United States National Herbarium

v.8 (1903-1905)

Contributions from the United States National Herbarium

v.9 (1905)

Contributions from the United States National Herbarium

v.10 (1906-1908)

Contributions from the United States National Herbarium

v.11 (1906)

Contributions from the United States National Herbarium

v.12 (1908-1909)