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This paper investigates how the role of climate in tourist destination choice has changed over the last 15 years. To this end, a demand model for international tourism is estimated, including the main classic determinants but allowing a time-varying climatic sensitivity of tourists. Moreover, a...
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Ethnic reunion is the propensity of tourists to travel to regions where their ancestors originate from, while cultural affinity is the propensity of tourists to travel to regions with a shared cultural identity. This paper uses a "world migration matrix", which records the year-1500 origins of...
Persistent link: https://www.econbiz.de/10010552115
While a mega-event is scheduled at least once every year somewhere in the world, these events are rare occurrences for the host cities and countries. The benefits of such events seem lucrative; the very fact that many countries bid to host these events suggests that the benefits - be they...
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The main objective of this research is to revisit the estimation of the effect of a common currency on international trade by applying the new methodology proposed by Helpman, Melitz and Rubistein (2008) and incorporating tourism to the theoretical framework. Rose (2000) estimates an empirical...
Persistent link: https://www.econbiz.de/10008458666
Using a standard panel gravity equation of 175 origin/destination countries between 1995 and 2008, 37 of which are African, we identify the factors that drive African-inbound (arrivals to Africa from other continents) and within-African tourism (arrivals from and to an African country). We find...
Persistent link: https://www.econbiz.de/10009371418