A modern guide to tourism economics / edited by Robertico Croes (professor of tourism economics and management, Rosen College of hospitality management, University of Central Florida, US, and editor of the Rosen Research Review and Yang Yang, associate professor, department of tourism and hospitality management, Temple University and executive director of the U.S.-Asia Center for tourism and hospitality research, US).

Format:

Book

Contributor:

Croes, Robertico R., editor.

Yang, Yang, editor.

Edward Elgar Publishing, publisher.

Series:

Elgar modern guides

Language:

English

Subjects (All):

Tourism.

Genre:

Electronic books.

Physical Description:

1 online resource (454 pages)

Place of Publication:

Northampton : Edward Elgar Publishing, 2022.

Summary:

"This Modern Guide captures the evolution of foundational tenets, theories, frameworks and models that buttressed tourism economics into an evolving discipline, shining light on both new and old approaches. It systematically examines current and future trends and issues related to new economic perspectives, consolidating the notion of tourism economics as a discipline. Chapters delve into the theoretical underpinnings of specific topics within the field, providing a range of examples of how to leverage economic theories to better understand, manage, and promote tourism activities to different stakeholders. Offering a kaleidoscope of economic perspectives, the Modern Guide looks at tourism economics from trade theory, choice theory, behavioural economics, public choice, institutional economics, environmental economics, developmental economics, cultural economics and more, with each chapter ending with insights into future research and directions. Written in an accessible style, this will be an invigorating read for hospitality and tourism management scholars, as well as tourism geographies, tourism marketing and sustainable tourism students. It will also be a useful tool for tourism economists and applied economists looking for a wide range of perspectives on the topic"-- Provided by publisher.

Contents:

Contents: Preface

Acknowledgements

1. Introduction to a modern guide to tourism economics / Robertico Croes and Yang Yang

2. Tourism and the economic paradigm / Zheng Chris Cao

3. Tourism in an open system: What do theories of international trade and competition teach us? / Robertico Croes and Simone Marsiglio

4. Consumer choice and its repercussions in tourism: Models and specifications / Richard Qiu and Sílvia De Almeida

5. Seasonality and individual choice: Towards a theory of seasonal behavior / Jorge Ridderstaat

6. Market behavior of tourism firms and its effects on the boundaries of firm / Nicolas Peypoch

7. The role of information and choice under uncertainty / Juan Luis Nicolau and Abhinav Sharma

8. The coordination challenge in tourism destinations: Value creation, enhancement, and retention / Paolo Figini

9. Tourism development and economic growth: Theoretical underpinnings and agenda for future research / Boopen Seetanah and Robin Nunkoo

10. Tourism and business cycles / Lucie Plazakova and Egon Smeral

11. Public economics, public choice and tourism / Philippe Duverger, Larry Yu, and Kristin Lamoureux

12. The new institutional economics for hospitality and tourism / Mehmet Altin

13. Environmental economics as a framework to study the tourism phenomenon / Sergio Alvarez, Christina E. Brown, and J. Walter Milon

14. Tourism, development economics, poverty alleviation, and inequality / Manuel Vanegas

15. Happiness and tourism activities: An empirical and theoretical interpretation / Salvatore Bimonte

16. Tourism and regional economics / Seongsoo Jang and Jinwon Kim

17. The macroeconomics of tourism / Hongru Zhang

18. Economics of cultural tourism / Martin Falk and Eva Hagsten

19. Tourism and digital economics / Aliza Fleischer

20. Tourism and political economy / Robin Nunkoo, Boopen Seetanah and Reena Bhattu-Babajee

21. Financial economics for the tourism industry / Murat Kizildag

22. Tourism and behavioral economics / Milena S. Nikolova

23. The future of tourism economics / Yang Yang and Robertico Croes

Index.

Notes:

Includes bibliographical references and index.

Description based on print record.

ISBN:

9781800378766 (e-book)

Access Restriction:

Restricted for use by site license.