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Yachting tourism is an emerging industry in coastal regions, particularly in the Mediterranean countries. The rising … success of yachting tourism induces a significant boom in its relevant business segments. As a type of leisure tourism …, yachting tourism plays a big role in an experience economy, and its positive impact on coastal regions has meant a substantial …
Persistent link: https://www.econbiz.de/10011790046
Tourist taxes represent one of the principal sources of revenue for a number of local authorities. Using a dataset of more than 300 thousands reviews on TripAdvisor, we analyze the effect of tourist taxes on online ratings posted by hotel costumers. Online ratings are strategic variables for the...
Persistent link: https://www.econbiz.de/10013394352
the 6th FP project PICTURE (Pro-active management of the Impact of Cultural Tourism upon Urban Resources and Economies …), in order to quantify the monetary impact of cultural tourism upon urban economies. The analysis was carried out in two … understanding how different sectors of local economy and society can benefit from tourism and in determining how to maximise, or …
Persistent link: https://www.econbiz.de/10010270957
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a theoretical model, we hypothesize that EPU increases the demand for hope which raises the willingness to pay for lottery tickets, resulting in higher lottery sales. We estimate a...
Persistent link: https://www.econbiz.de/10014290151
The empirical literature points to a stylized phenomenon of increased demand for hope following adversity. Clotfelter and Cook (1989) suggest that hope is a key sentiment underpinning recreational gambling. Chew and Ho (1994, this journal) offer the view of hope being experienced in lottery...
Persistent link: https://www.econbiz.de/10014501971
The dynamic development of the sharing economy is clearly seen in particular, in the area of tourism in large cities … economy in tourism on city sustainability from the perspective of the Agenda 2030 goals. The main objective of the paper was … that sharing economy in tourism has an impact on the implementation of seven of them, but the direction of the impact is …
Persistent link: https://www.econbiz.de/10013199621
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labour supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings...
Persistent link: https://www.econbiz.de/10011605701
Persistent link: https://www.econbiz.de/10011696999
In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status,...
Persistent link: https://www.econbiz.de/10011786830
In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...
Persistent link: https://www.econbiz.de/10011586874