Purpose – The purpose of this paper is to investigate the relationships between the Index of Economic Freedom , equity market performance and its volatility. Design/methodology/approach – The paper examines whether the level of economic freedom is significant for a country's stock market...

Tourism has been playing an important role in the Turkish economy since 1980. The year 1983 was the turning point for Turkish tourism in the national and international tourism market. Since 1980, the share of tourism receipts in relation to Turkey's gross national product and export has been...

Reviews developments in travel and tourism marketing as reflected by articles published in the Journal of Travel and Tourism Marketing over a four‐year period from the journal’s inception in 1992‐1995. Identifies five main themes (economic psychology, market segmentation and travel...

The analysis concentrates on the underlying economic and demographic factors that drive hotel demand in the five main markets of the European Community: France, Germany, Italy, Spain and the UK. By adopting a comparative approach in the assessment of these macro factors, the differences that...

Purpose – The purpose of this paper is to refute the proposition that in today's global economy “local is the new global.” It provides a logical argument that a passing economic trend should not be viewed independent of circumstances. Design/methodology/approach – The paper briefly...

Purpose – Since the fall of international communism, there has been a growing interest and a lively discussion on the shape and future of economic systems. Also, global economic crisis has rekindled the debate about the fate of capitalism. The purpose of this paper is to explore various...

Purpose – The purpose of this paper is to provide an historical context of the growth of Celtic music on Cape Breton Island, Nova Scotia, Canada and to trace the development as a component of a cultural tourism product. Design/methodology/approach – The paper examines literature on music and...

Research into rural entrepreneurship continues to expand, albeit slowly. A common theme in the literature is the creation of value and its extraction from the environment. Rural entrepreneurship potentially covers a wide gamut of activity including the illegal. Also studies into agricultural...