This research explored the effects of the coronavirus disease (COVID-19) outbreak on stock price movements of China's tourism industry by using an event study method. The results showed that the crisis negatively impacted tourism sector stocks. Further quantile regression analyses supported the...

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...

The purpose of this paper is to identify the main groups of CEE-16 countries in terms of tourism competitiveness. Competitiveness, as part of the supply side, is addressed in view of the supply-demand correlations, and we consider the attractiveness of tourist destinations from the tourists'...

Beijing organized the 2008 Summer Olympic Games, and the main goal of the Chinese government regarding this event was to hold a "Green Olympics". A difference-in-differences approach was used to estimate the environmental impact the Olympic Games on air quality improvement in Beijing, compared...

Does Western fast-food contribute to the emerging global epidemic of obesity? This paper examines its impact in China the number of KFCs exceeds the number in the US. Utilizing community-year level data on the presence of McDonald's, KFC, and Pizza Hut outlets, and controlling for individual and...

To improve the tourism quality of tourist attractions, China National Tourism Administration provide quality accreditations to them, which is also used by tourist attractions to signal their quality and to attract tourists. However, how such accreditation influences regional tourism economy...

This paper contributes to providing causal evidence on the effect of World Heritage Site (WHS) inscription on city tourism attractiveness, which is still highly elusive in the existing literature. To identify the causal effect, it uses unique daily city-pair tourist flows from Tencent migration...

On the modern stage of development of global economy international tourism has become an important driver of globalization and socio-economic development both on supranational and national level. Increase in inbound tourism from China can provide various social benefits for citizens of Ukraine...

The video game industry is one of the new engines of economic growth, and esports industry, as an essential subindustry, plays a pivotal role in driving economic growth. To investigate the mechanism and the quantitative relationship among them, we propose a two-stage transmission path “Esports...