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This study uses time-series techniques and econometric approaches in order to quantify the effects that organising an EU presidency has on the tourism exports of a country. The approach to explain tourism revenues by a time-series intervention model filters out special effects (data...
Persistent link: https://www.econbiz.de/10005020372
The fights in Slovenia and Croatia interrupted some important transport links to South-Eastern-Europe. The decline of Austria's foreign trade with Yugoslavia accelerated. Austria's tourism industry benefitted to some extent from the collapse of tourism in Yugoslavia. Retail and wholesale firms...
Persistent link: https://www.econbiz.de/10004974601
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Until the early 1990s, tourism contributed substantially to securing income and employment in Austria and to balancing the country's current account. Austria's ability to make use of its tourist attractions disguised the structural weakness of its economy, which in turn delayed some of the...
Persistent link: https://www.econbiz.de/10005019681
Persistent link: https://www.econbiz.de/10005019738
Practicing sports as well as the organization of sports events generate considerable positive external effects which cause an inefficiently low provision of private funds and thus justify public interventions in the sports market. For instance, organising competitions and providing sports...
Persistent link: https://www.econbiz.de/10005019790
Overnight stays by travellers from abroad were up 6½ percent year-on-year in the last winter season. The good result, exceeding markedly the long-term trend rate of growth, is due to poor snow conditions in a number of foreign skiing areas and to the positive demand effects of the general...
Persistent link: https://www.econbiz.de/10005019824
Persistent link: https://www.econbiz.de/10005019852
The availability of an adequate pool of suitable labour is a key location factor for the labour-intensive hotel and restaurant business. Yet, in spite of high unemployment (jobless rate: 17.3 percent) and schemes to attract seasonal workers from abroad, the sector still encounters considerable...
Persistent link: https://www.econbiz.de/10005019912
Persistent link: https://www.econbiz.de/10005020216