scholarly journals The Impact of Accommodation Taxes on Outbound Travel Demand from the United Kingdom to European Destinations

2020 ◽  
pp. 004728752090893
Author(s):  
Hedvig Heffer-Flaata ◽  
Augusto Voltes-Dorta ◽  
Pere Suau-Sanchez

Despite the progressive introduction of accommodation taxes in many European cities, there is no consensus in the literature as to whether they have positive or negative effects. This may be related to the lack of estimates of the elasticity of visitor demand to accommodation taxes. To fill this gap, we carry out two panel-data regressions using a data set of airline travelers from UK cities to Spanish, French, and Italian destinations between 2012 and 2018. The results from the two-stage least squares regressions indicate that UK international travelers are indeed sensitive to hotel taxes. However, the impact of these taxes differs between peak and off-peak periods and across destination countries, with French destinations showing the most negative effect on visitor flows. The analysis of tax elasticities at a destination level also reveals the lack of a significant negative impact on visitor flows to major cities like Venice or Barcelona.

2016 ◽  
Vol 8 (1) ◽  
pp. 150-176 ◽  
Author(s):  
Damon Clark ◽  
Emilia Del Bono

This paper estimates the impact of elite school attendance on long-run outcomes including completed education, income, and fertility. Our data consist of individuals born in the 1950s and educated in a UK district that assigned students to either elite or non-elite secondary schools. Using instrumental variables methods that exploit the school assignment formula, we find that elite school attendance had large impacts on completed education. Surprisingly, there are no significant effects on most labor market outcomes except for an increase in female income. By contrast, we document a large and significant negative impact on female fertility. (JEL I21, I24, I26, J13, J16, J24, J31)


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wenxin Wang

PurposeThis study analyzes the factors which affect the alfalfa cultivation acreage in China and estimates the development of alfalfa planting by the supply model.Design/methodology/approachBased on the characteristics and actual conditions of alfalfa cultivation in China, a naïve empirical model was created to analyze the impact of various influencing factors on the cultivation acreage of alfalfa.FindingsThe analysis of influential factors shows that China's alfalfa planting conforms to naïve price behavior. The prices of alfalfa and per capita arable land occupancy have a positive effect on the cultivation acreage, while the price of competitive crops and transportation costs have a negative effect on the production of alfalfa. Lastly, the 2012 alfalfa subsidy policy has a significant negative impact on alfalfa cultivation acreage.Research limitations/implicationsDue to the limited research on alfalfa supply in China, there is a lack of available research data and statistical data. A large number of data in this study are mainly indirect data derived and calculated from other industrial data. The measurement results may not be fully accurate.Originality/valueThis study represents the first empirical analysis of the characteristics of the factors influencing alfalfa cultivation acreage in China. The secondary data were used to analyze the influence of various control variables on the cultivation acreage of alfalfa, which is different from existing research.


2006 ◽  
Vol 1 (1) ◽  
pp. 50-90 ◽  
Author(s):  
Robert Bifulco ◽  
Helen F. Ladd

Using an individual panel data set to control for student fixed effects, we estimate the impact of charter schools on students in charter schools and in nearby traditional public schools. We find that students make considerably smaller achievement gains in charter schools than they would have in public schools. The large negative estimates of the effects of attending a charter school are neither substantially biased, nor substantially offset, by positive impacts of charter schools on traditional public schools. Finally, we find suggestive evidence that about 30 percent of the negative effect of charter schools is attributable to high rates of student turnover.


2020 ◽  
Vol 2 (3) ◽  
pp. 22-32
Author(s):  
T. Husain ◽  
I Gusti Ayu Intan Saputra Rini

Purpose: This study specifically aims to identify the impact of Audit Quality on Audit Delay. Audit Quality is measured by the proxy log natural fee audit (LNFE). Methods: This is a causal research with quantitative analysis. This study involves six companies listed in the sub-sectors of Cable under the manufacturing sector in the Indonesia Stock Exchange for the period of 2013-2019. It applied panel data set in a regression model using STATA MP - Parallel Edition Ver14.00 application. Results: The findings show that the Audit quality has a significant negative impact on the Audit Delay with an average delay of 83.62 days. Implications: This study could be extended further by considering all manufacturing firms of IDX which may provide more insight into the audit quality with other proxies.


2018 ◽  
Vol 1 (17) ◽  
pp. 9-19
Author(s):  
Marta Paduszyńska

The topic of the presented study is about the monetary policy in the United Kingdom, included situation and challenges of this policy during crisis. This article presents the structure of the central bank of England as well as economic trends in years 2002–2016. Special attention has been devoted to the Quantitative Easing – unconventional monetary policy followed by central bank in the wake of financial crisis that began in 2007. The main purpose of the article is to show the impact of the financial crisis on the monetary policy in the United Kingdom and methods of dealing with its negative effects. Realisation of this will be studied literature and data compiled by the institutions involved in the discussed issue, especially reports prepared by the Central Bank of England. The financial crisis has had a negative impact on the real economy of the United Kingdom. It limited possibilities of household consumption and also possibilities of investment companies. Both of those, consumption and investment are important determinants of GDP.


2016 ◽  
Vol 10 (1) ◽  
pp. 21-36
Author(s):  
Md Mustafizur Rahaman ◽  
Sharmin Akhter

This paper aims at empirically studying the impact of some selected bankspecific factors on Islamic banks’ profitability. The data for this study covering a period 2009-2013 is obtained from the annual reports of respective Islamic banks. The statistical tool employed is the technique of linear multiple regression analysis. The data-set used in this study involves eight Islamic banks operating in Bangladesh. Empirical results show that bank-size and deposit have significant negative impact on the return on assets (ROA) which is the proxy for Islamic banks’ profitability, while equity is found to have positive significant impact. However, loan and expense management are found to be insignificant in affecting the profitability of the banks.Journal of Business and Technology (Dhaka) Vol.10(1) 2015; 21-36


2019 ◽  
Vol 9 (1) ◽  
pp. 45-57 ◽  
Author(s):  
Marija Ham

Numerous criticisms as well as the conspicuous number of unfair manufacturing practices in the past have led to a significant scepticism and distrust by consumers. This deeply rooted distrust, scepticism, and disinterest in some consumers, can be encompassed by the notion of green cynicism. Green cynicism significantly interferes with and disturbs all activities and efforts from the domain of sustainable marketing, given that due to the extreme distrust, it is much harder or even impossible to place the product or maintain sustainable a business entity. This leads to an aggravated acceptance of Oeconomica Jadertina 1/2019. 45 these products by consumers and slower adoption of sustainable marketing strategies by economic operators, which is undoubtedly a socially undesirable phenomenon. For this reason, it is of great importance to study and understand the factors that influence this form of cynicism and how it affects certain behaviours. This paper aims to propose and explain the concept of green cynicism and explore some of its possible dimensions and verify their impact on the intention to buy organic food products. The survey was conducted on a sample of 411 respondents from eastern Croatia representing persons who purchase most household goods. The results based on the regression analysis have shown that the strongest negative effect on intentional purchases of ecological food products is attributed to the disinterest expressed as a lack of time to contemplate these issues at all. The distrust towards the organic food products or labels that distinguish them from conventional products achieves also a significant negative impact. In this research, the impact of scepticism on the issue of the environment did not prove to be significant, which could be a consequence of the fact that it concerns a significant difference in the width of the variable range.


2021 ◽  
Vol 12 ◽  
Author(s):  
Yuegang Song ◽  
Xiazhen Hao ◽  
Zhou Lu

In a DID model, this study examines the impact of the coronavirus disease 2019 (COVID-19) pandemic on the investor sentiment in the financial market of China using monthly panel data on newly listed Chinese companies between October 2019 and June 2020. The outbreak of the pandemic is shown to exert a significant negative impact on investor sentiment. A future industry heterogeneity analysis shows that the pandemic has driven up investor sentiment in the pharmaceutical sector while having a significantly negative impact on non-pharmaceutical sectors. The pandemic is shown to have a negative impact on the private sector and foreign-invested sector in China while a significantly positive impact on the state-owned sector. This study contributes to the existing literature on the investigation of how significant the impact of public health emergencies on investor sentiment is.


Author(s):  
Abdul-Hamid Ahmed ◽  
Kouadio Stephane N’Dri

Over the years, Ghana’s commercial banking industry has been bedeviled with numerous challenges. The unbridled effect of this is the 2018 banking sector megrim which led to the collapse of seven major banks. This pointed out that it is very crucial to identify and mitigate the factors that negatively affect the performance of the banking sector. This paper is used to investigate the effect of banks specific variables (BSVs) and macroeconomic variables (MEVs) on the profitability of commercial banks (NIM, ROE, and ROA) in Ghana using FRED annual data of 25 years. In order to avoid endogeneity problems and aggregation bias, we used the SURE model to run the estimates simultaneously. The result reveals that profit earned by Ghana’s commercial banks is largely influenced by both internal factors such as KA, AQR, LMGT, MEFFI, and Z-Score and fluctuations in the macroeconomic environment (GDP and FOREX). The impact of KA, LMGT, MEFFI, and Z-score is significantly positive whereas AQR (NPLs) is found to have a negative effect on banks profitability. GDP has a significant negative impact on Ghana’s commercial bank’s profitability whiles forex induced commercial banks profitability positively, but inflation CPI does not determine the profitability of commercial banks in Ghana.


2018 ◽  
Vol 10 (7) ◽  
pp. 38
Author(s):  
Min Tan ◽  
Yajie Bai

This paper investigates the impact of demographic structure, especially gender and marital status, on the price of regional real estate. This paper utilizes controlled-heteroskedasticity fixed-effect model for the empirical tests based on a panel data set of 30 Chinese provinces from 2011 to 2015. Empirical results show that the gender ratio in the provincial panel data does have a significant negative impact on the regional real estate prices, which implies that when the number of women in a region increases, the real estate price in this region tends to rise. The impact of marital status on the real estate price is not significant according to empirical results.


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