Showing 1 - 10 of 656
Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists … to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism … factor of 2.5. Furthermore, we provide evidence of positive spillovers in nearby municipalities. To estimate the tourism …
Persistent link: https://www.econbiz.de/10013228867
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers’ behavior and firms’ incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms’...
Persistent link: https://www.econbiz.de/10014080609
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...
Persistent link: https://www.econbiz.de/10011480445
This study examines the macro drivers of the time-varying (dynamic) connectedness between eleven European tourism … estate activity. Further, economic and political uncertainty is found to intensify the macro effects on tourism correlations … crash, also magnify the impact of macro drivers on the evolution of co-movement and integration in the tourism sector …
Persistent link: https://www.econbiz.de/10014261022
This paper examines tourism persistence in a group of Southeastern European (SEE) countries (Albania, Bosnia, Bulgaria …
Persistent link: https://www.econbiz.de/10014243164
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012269576
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10013177533
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012824824
This paper investigates the vulnerability of households to climatic disasters in the low-lying atoll nation of Tuvalu. Small Island Developing States, particularly the atoll islands, are considered to be the most vulnerable to climatic change, and in particular to sea-level rise and its...
Persistent link: https://www.econbiz.de/10011555570
The historical increase in emissions is for one-fourth attributable to the growth of emissions per person, whereas three-fourths are due to population growth. This striking evidence is not represented in the majority of climate-economic studies, which mostly neglect the environmental...
Persistent link: https://www.econbiz.de/10012018112