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This study analyses the potential impact of climate change on EU tourism demand and provides long-term (2100) scenarios … accounting for adaptation in terms of holiday duration. Our long-term projections for tourism demand are based on hedonic … hypotheses regarding the time dimension of tourism demand. We derive alternative scenarios for adaptation of holiday in terms of …
Persistent link: https://www.econbiz.de/10010752410
approach. The focus is on some specific demand-enhancing effects which should confirm the feasibility of implementing … sustainable tourism policies. Multinomial logit estimations reveal the strong negative effects resulting from the congestion of …
Persistent link: https://www.econbiz.de/10005423236
. Climate change can be expected to have an effect on this attractiveness and will subsequently alter patterns of demand. An …
Persistent link: https://www.econbiz.de/10005230801
. We also use the model to examine the impact of sea level rise on tourism demand. Climate change would shift patterns of …We use an updated and extended version of the Hamburg Tourism Model to simulate the effect of development and climate … change on tourism. Model extensions are the explicit modelling of domestic tourism and the inclusion of tourist expenditures …
Persistent link: https://www.econbiz.de/10005423142
The holiday destination choice is analysed for tourists from 45 countries, representing all continents and all climates. Tourists are deterred by distance, political instability and poverty, and attracted to coasts. Tourists prefer countries with a sunny yet mild climate, shun climes that are...
Persistent link: https://www.econbiz.de/10005230907
continents, such as Ireland) or on intercontinental flights (e.g., Africa) will see a decline in international tourism numbers … would stay closer to home so that EU tourism would grow at the expense of other destinations. Sensitivity analyses reveal … that the qualitative insights are robust. A carbon tax on aviation fuel would have little effect on international tourism …
Persistent link: https://www.econbiz.de/10005570262
The empirical literature is very far from any consensus about the appropriate model for oil price forecasting that … frequencies on a common sample and common data. Fourth, we evaluate the forecasting performance of each selected model using …
Persistent link: https://www.econbiz.de/10009421234
The recent implementation of the EU Emissions Trading Scheme (EU ETS) in January 2005 created new financial risks for emitting firms. To deal with these risks, options are traded since October 2006. Because the EU ETS is a new market, the relevant underlying model for option pricing is still a...
Persistent link: https://www.econbiz.de/10008502108
that asymmetries show up in their unconditional distribution, as well as in their unconditional copula. The VaR forecasting …
Persistent link: https://www.econbiz.de/10005012145
different types of econometric models for oil price forecasting. Several specifications have been proposed in the economic …). The empirical literature is very far from any consensus about the appropriate model for oil price forecasting that should … common sample and common data. Fourth, we evaluate the forecasting performance of each selected model using static and …
Persistent link: https://www.econbiz.de/10005423181