scholarly journals Employment in Tourism Industries: Are There Subsectors with a Potentially Higher Level of Income?

Mathematics ◽  
2021 ◽  
Vol 9 (22) ◽  
pp. 2844
Author(s):  
Pablo Dorta-González ◽  
Sara M. González-Betancor
Keyword(s):  
Panel Data ◽  
Labor Force ◽  
Opposite Direction ◽  
Oecd Countries ◽  
Tourism Industry ◽  
Cultural Industry ◽  
Economic Variables ◽  
Travel Agencies ◽  
Food And Beverage ◽  
The Impact

This work analyzes the tourist sector, the employment generated by the tourism industries, and its relationship with tourism receipts. The hypothesis is that there are tourist subsectors with a potentially higher level of income. The article studies the impact of the distribution of the employed population in the different subsectors of the tourism industry, controlling for the most important economic variables, on the level of income per arrival in 24 OECD countries, using panel data for the period 2008–2018. As its main result, the model indicates that the labor force that increases most the receipts per arrival is the ‘travel agencies and other reservation services’, followed by the ‘sports and recreation industry’ labor force, while having a large labor force in the ‘food and beverage’ or ‘cultural industry’ operates in the opposite direction.

scholarly journals The Impact of OECD Countries’ Macroeconomic Factors on Turkey’s Foreign Trade

2017 ◽  
Vol 8 (1) ◽  
pp. 24
Author(s):  
Elif Guneren Genc ◽  
Ozlem Deniz Basar
Keyword(s):  
Time Series ◽  
Panel Data ◽  
Urban Population ◽  
Economic Structure ◽  
Oecd Countries ◽  
Data Sets ◽  
Macroeconomic Factors ◽  
Macroeconomic Time Series ◽  
Per Capita ◽  
The Impact

The purpose of this study is to investigate the makroeconomic effects of OECD countries, having a major economic share in the regional communities, in the scope of complex economic structure, and accordingly, to determine the effects of those on Turkey's exports and imports. For this purpose, Turkey’s bilateral export and import volumes with OECD countries for the period of 1996 to 2014 were modelled by using these countries’ macroeconomic time series variables and panel data sets. It was revealed at the end of the study that the most determinant macroeconomic factors concerning the increase in Turkey’s import is the increase in per capita GNP in these countries. This variable is seen to be followed by these countries’ urban population, export indices and the export increases of Turkey for these countries respectively.

New Evidence on the Relationship Between Economic Freedom and Growth: A Panel Cointegration Analysis for The Case of OECD

2012 ◽  
Vol 12 (3) ◽  
pp. 1850263 ◽  
Author(s):  
Ekrem Erdem ◽  
Can Tansel Tugcu
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Total Factor Productivity ◽  
Economic Freedom ◽  
Global Financial Crisis ◽  
Oecd Countries ◽  
Cointegration Analysis ◽  
Factor Productivity ◽  
The Impact ◽  
The Relationship

The aim of this paper is to find a new answer to an old question “Is economic freedom good or not for economies?” which was refreshed after the Global Financial Crisis of 2008. For this purpose, the relationship between economic freedom and economic growth, and the relationship between economic freedom and total factor productivity in OECD countries were investigated by using panel data for the period of 1995-2009. Study employed the recently developed cointegration test by Westerlund (2007) and the estimation technique by Bai and Kao (2006) which account for cross-sectional dependence that is an important problem in the panel data studies. Although no significant relationship found between economic freedom and total factor productivity, cointegration analysis revealed that economic freedom matters for economic growth in OECD countries in the long-run, and estimation results showed that direction of the impact is negative.

scholarly journals An Empirical Study on Food and Beverage Service Quality and Customer Satisfaction in Star Graded Hotels in Dambulla

2020 ◽  
Vol 10 (6) ◽  
pp. 1-8
Author(s):  
Bandara WMAH ◽  
Dahanayake SNS
Keyword(s):  
Customer Satisfaction ◽  
Service Quality ◽  
Service Industry ◽  
Pearson Correlation ◽  
Sampling Technique ◽  
Tourism Industry ◽  
Primary Data ◽  
Success Factor ◽  
Food And Beverage ◽  
The Impact

The hotel industry is one of the integral constituents in the flourishing tourism industry and is extremely competitive. In this competitive arena, service quality has become a crucial success factor in maintaining hotel standards. A strong, sustainable, outstanding service industry requires good service quality standards.  However, due to the intangible nature of service products, measuring service quality is substantially challengeable than measuring the quality of physical products. Hence, this study attempts to investigate the impact of food and beverage service quality on customer satisfaction in the star graded hotels. Dambulla is one of the major tourist destinations in Sri Lanka, has been identified as the study area. A total of 150 foreign departure tourists who have visited three and above star graded hotels in the respective area were selected through a convenient sampling technique. A widely accepted SERVQUAL model was utilized to ascertain the findings. Primary data were collected through a self-administered structured questionnaire. Descriptive, frequency, Pearson correlation, and multiple regression analysis were conducted to analyze data using SPSS. The results reveal that there is a positive significant impact of tangibility, reliability, responsiveness, assurance of food and beverage service quality on customer satisfaction in the star graded hotels in Dambulla area. On the contrary, empathy shows that there is no impact on customer satisfaction. Moreover, tangibility is the most influential service quality attribute that affects customer satisfaction. Thus, the authorities must pay their attention towards improving the tangible evidence such as staff attires and appearance, aesthetic upkeep of interior and exterior, and provide reliable service for their guests with greater customer care.

scholarly journals Short-selling deregulation and corporate social responsibility of tourism industry in China

2021 ◽  
Vol 251 ◽  
pp. 03032
Author(s):  
Wenzhen Mai ◽  
Dr Nik Intan Norhan Binti Abdul Hamid
Keyword(s):  
Corporate Social Responsibility ◽  
Panel Data ◽  
Social Responsibility ◽  
Short Selling ◽  
Tourism Industry ◽  
Descriptive Statistics ◽  
External Governance ◽  
And Performance ◽  
Corporate Social ◽  
The Impact

This study aims to examine the impact of short selling constraints on corporate social responsibility (CSR) of listed tourism companies in China. Based on the external governance theory, it is hypothesized that short selling deregulation provides a monitoring function on CSR performance of tourism companies, which are highly exposed to social and environmental problems. A multiple linear regression is conducted with a panel data of Chinese 21 listed tourism firms between 2010 and 2018. The descriptive statistics show that average CSR score of Chinese tourism companies is 25.52/100, which represents low CSR performance of tourism industry. The regression results illustrate that short selling constraints relaxation can improve CSR performance of tourism companies. The findings of this study indicate that financial policymakers shall consider further relaxation of short selling constraints, which can be beneficial to industry, such as tourism, that are sensitive to CSR practices and performance.

scholarly journals Globalization, economic freedom, and wage inequality: A panel data analysis

2016 ◽  
Vol 63 (5) ◽  
pp. 581-601 ◽  
Author(s):  
Gülsün Yay ◽  
Hüseyin Taştan ◽  
Asuman Oktayer
Keyword(s):  
Panel Data ◽  
Wage Inequality ◽  
Economic Freedom ◽  
Panel Data Analysis ◽  
Oecd Countries ◽  
Dynamic Panel Data ◽  
Wage Distribution ◽  
Data Set ◽  
Economic Freedom Index ◽  
The Impact

This paper examines the impact of globalization and liberalization on wage inequality using the KOF globalization index, the Economic Freedom Index (EFI) of the Fraser Institute and the Theil industrial pay inequality statistic compiled by the University of Texas Inequality Project (UTIP). Both static and dynamic fixedeffects models are estimated using a 5-year panel data set consisting of about 90 developed and developing countries for the 1970-2005 period. Estimation results from the dynamic panel data specification suggest that wage inequality has a significant and slowly changing component. The overall KOF and EFI indexes are found to be statistically insignificant in the full sample, but the results show that economic freedom is associated with more wage inequality, especially in Organisation for Economic Co-operation and Development (OECD) countries. The estimation results from country groups indicate that more deregulation is associated with more earnings inequality in OECD countries. The results from the models with subcomponents of the EFI imply that access to sound money has a negative effect on wage inequality. A more stable price system in an economy implies a more equal wage distribution in emerging markets (EM), non-OECD countries, and European Union (EU).

Corporate social responsibility, customer loyalty and brand positioning

2019 ◽  
Vol 16 (5) ◽  
pp. 671-689 ◽  
Author(s):  
Morteza Akbari ◽  
Maryam Mehrali ◽  
Nader SeyyedAmiri ◽  
Niloofar Rezaei ◽  
Afsaneh Pourjam
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Customer Loyalty ◽  
Tourism Industry ◽  
Brand Positioning ◽  
Content Type ◽  
Travel Agencies ◽  
Quota Sampling ◽  
Corporate Social ◽  
The Impact

Purpose In the current era, businesses and customers are becoming increasingly concerned with social and environmental issues, and unlike the past, the main focus is not merely on economic growth. As new customers are getting more informed and responsible toward their surroundings, it is necessary for enterprises to act responsibly to attract responsible customers. Therefore, this paper aims to investigate the impact of corporate social responsibility (CSR) on brand positioning and customer loyalty in travel agencies in Tehran, Iran. Design/methodology/approach Through quota sampling, 86 agencies are selected and a number of 200 customers of those travel agencies are surveyed by means of purposive sampling. Findings The result reveals that CSR has a significant effect on loyalty of customers and brand positioning. In addition, the results indicate that all hypotheses have significant effects except for the C-C identification on customer loyalty. Practical implications Tourism managers should bear in mind that performing CSR activities is not merely a cost burden but a viable strategy for creating competitive advantage. They should adapt their CSR activities to the industry environment. Originality/value The study provides important evidence about CSR and their role in brand positioning and customer loyalty in tourism industry. In addition, the study contributes to the literature by developing the link between CSR and brand positioning.

scholarly journals A Comparative Study on the Impact of Telecommunication Investment on Economic Growth in EU Vis-à-vis Non-EU OECD Countries: A Dynamic Panel Data Analysis

2019 ◽  
pp. 1-16
Author(s):  
Hakan Oztunc ◽  
Erkan Demirbas ◽  
Mehmet Orhan
Keyword(s):  
Panel Data ◽  
Panel Data Analysis ◽  
Oecd Countries ◽  
Dynamic Panel Data ◽  
Dynamic Panel ◽  
Telecommunication Infrastructure ◽  
Computer Based ◽  
Development Levels ◽  
Economical Growth ◽  
The Impact

This study aims to comparatively investigate the effects of telecommunication infrastructure on the economical growth in OECD countries. For this purpose, OECD countries were divided into two groups i.e. European Union (EU) and non-EU OECD countries for the period of 1993-2013. Findings of dynamic panel data model showed that investment on the telecommunication infrastructure has more positive effect on EU OECD countries than non-EU OECD countries. Since telecom appears as the key sector to fuel growth because it is associated with information technology and all ramifications of computer based applications and mobile communication, all countries at all development levels are proposed to focus on investing in these sectors the opposite of which hinders growth.

scholarly journals Inflation & Economic Freedom: Evidence from MENA Region

2011 ◽  
Vol 2 (4) ◽  
pp. 125-130
Author(s):  
Ahmad Jafari Samimi ◽  
Leila Shadabi .
Keyword(s):  
Developing Countries ◽  
Regression Analysis ◽  
Panel Data ◽  
Economic Freedom ◽  
Mena Region ◽  
Economic Variables ◽  
Panel Data Regression ◽  
Data Regression ◽  
Socio Economic Variables ◽  
The Impact

Since1980s economic freedom policies have been popular in most countries, especially in developing countries. There are many studies regarding relationship between economic freedom and other socio-economic variables, but few dealt directly with the impact of economic freedom on inflation. This study analyses the effect of economic freedom on inflation in MENA region during 1996- 2006 using panel data regression analysis on the basis of the so- called Gordon theory. Our findings indicate that although the impact of economic freedom on inflationis not considerable butit is statistically significance.

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