In a recent work, Ivanov and Webster (2007) present a methodology for measuring the contribution of tourism to economic growth and apply this methodology to the cases of Cyprus, Greece and Spain. The method uses the growth of real GDP per capita as a measure of economic growth and disaggregates...

The growth of the tourism sector in the last years, and in particular of the accommodation industry, has increased the importance of investment on the quality of tourism services. In this respect, the environmental quality of destination, has become a tool that hotels have to hold the tourism...

In this paper a new approach to the analysis of the dynamics of economies is presented; applications to time series will also be suggested. In such applications, computational experiments may play a central role to provide a different heuristics and to explore data information. The approach is...

In this paper I describe and apply the methods of Symbolic Time Series Analysis (STSA) to an experimental framework. The idea behind Symbolic Time Series Analysis is simple: the values of a given time series data are transformed into a finite set of symbols obtaining a finite string. Then, we...

In this paper we present a formal definition of the notions of economic regime and regime dynamics. Starting from these definitions, we discuss a multiple regime dynamic model generating an endogenous unemployment-price adjustment mechanism. Two different employment regimes are introduced and...

In this paper we describe a method to analyze the structure and dynamics of the 30 largest North American companies. The method combines the tools of Symbolic Time Series Analysis with the nearest neighbor single linkage clustering algorithm. Data symbolization allows to obtain a metric distance...

In this paper we introduce a new method to describe dynamical patterns of the real exchange rate movements time series and to analyze contagion in currency crisis. The method combines the tools of Symbolic Time Series Analysis with the nearest neighbor single linkage clustering algorithm. Data...

In this short paper we present a simple model of three tourist regions to study the incentives of hotels to invest in environmental quality. In particular, we show that the price of a hotel room depends positively on the level of investment to preserve the natural characteristics of the region...

In this short paper we analyze the impact of tourist demand in hotel rooms on the investment of hotels on environmental quality. In particular we show that when income of the tourists increases, then in order to maintain the demand for rooms, the hotels must increase the investment on the...

In this paper, we review the basic notions and definitions of economic regime and regime switching. The purpose of this review is to describe how these notions appear implicitly or explicitly in different areas of the economic literature. We will not claim to offer a complete survey. The goal is...