<i>‘</i>A Modern Guide to Tourism Economics<i> provides a very strong analysis of the tourism sector through the application of modern economic ideas, concepts and methods in a thorough, rigorous and comprehensive manner. It brings together contributions from an impressive list of authors who are world-leading in terms of their research and understanding of key issues related to the tourism phenomenon. This book is pertinent to students of tourism management and economics who will appreciate it as a textbook and researchers for whom it will act as a key reference on the subject.’</i>

- Neelu Seetaram, Leeds Beckett University, UK,

<i>‘This book is timely and a must-read for both undergraduate and graduate students. It offers excellent contributions to the area of tourism economics. The scope of coverage is broad with examples from different settings. The book is written and edited by excellent researchers and will serve as an important guide for many years to come.’</i>

- Albert Assaf, University of Massachusetts, Amherst, US,

<i>‘</i>A Modern Guide to Tourism Economics<i> edited by Robertico Croes and Yang Yang is a timely and important addition to the tourism economics literature. The coverage of the book is comprehensive with diverse topics ranging from consumer behaviour to firm theory, environmental economics, digital economy and regional economics. One of the important features of the book is that it identifies the prevailing trends of tourism economics research and points out future research directions. Any students who study tourism and hospitality courses will find this book relevant and informative. The book is also a very useful reference for tourism academics who are interested in studying tourism phenomenon from an economics perspective.’</i>

- Haiyan Song, The Hong Kong Polytechnic University, Hong Kong,

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<i>‘Tourism Economics is a difficult subject to cover as it involves understanding how interrelated industries come together to form a tourism sector. This book covers many different subjects dealing with complex economic issues confronting tourism development today. This is an excellent resource book as well as offering topical subjects for tourism courses.’</i>

- William C. Gartner, International Academy for the Study of Tourism and University of Minnesota, US,

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.
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Contents: Preface xii Acknowledgements xv 1 Introduction to A Modern Guide to Tourism Economics 1 Robertico Croes and Yang Yang 2 Tourism and the economic paradigm 15 Zheng Chris Cao 3 Tourism in an open system: what do theories of international trade and competition teach us? 37 Robertico Croes and Simone Marsiglio 4 Consumer choice and its repercussions in tourism: models and specifications 59 Richard Qiu and Sílvia De Almeida 5 Seasonality and individual choice: towards a theory of seasonal behavior 78 Jorge Ridderstaat 6 Market behavior of tourism firms and its effects on the boundaries of firm 100 Nicolas Peypoch 7 The role of information and choice under uncertainty 116 Juan Luis Nicolau and Abhinav Sharma 8 The coordination challenge in tourism destinations: value creation, enhancement, and retention 134 Paolo Figini 9 Tourism development and economic growth: theoretical underpinnings and agenda for future research 152 Boopen Seetanah and Robin Nunkoo 10 Tourism and business cycles 170 Lucie Plazakova and Egon Smeral 11 Public economics, public choice and tourism 185 Philippe Duverger, Larry Yu, and Kristin Lamoureux 12 The new institutional economics for hospitality and tourism 203 Mehmet Altin 13 Environmental economics as a framework to study the tourism phenomenon 221 Sergio Alvarez, Christina E. Brown, and J. Walter Milon 14 Tourism, development economics, poverty alleviation, and inequality 238 Manuel Vanegas 15 Happiness and tourism activities: an empirical and theoretical interpretation 259 Salvatore Bimonte 16 Tourism and regional economics 277 Seongsoo Jang and Jinwon Kim 17 The macroeconomics of tourism 294 Hongru Zhang 18 Economics of cultural tourism 311 Martin Falk and Eva Hagsten 19 Tourism and digital economics 330 Aliza Fleischer 20 Tourism and political economy 348 Robin Nunkoo, Boopen Seetanah and Reena Bhattu-Babajee 21 Financial economics for the tourism industry 364 Murat Kizildag 22 Tourism and behavioral economics 383 Milena S. Nikolova 23 The future of tourism economics 402 Yang Yang and Robertico Croes Index
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‘A Modern Guide to Tourism Economics provides a very strong analysis of the tourism sector through the application of modern economic ideas, concepts and methods in a thorough, rigorous and comprehensive manner. It brings together contributions from an impressive list of authors who are world-leading in terms of their research and understanding of key issues related to the tourism phenomenon. This book is pertinent to students of tourism management and economics who will appreciate it as a textbook and researchers for whom it will act as a key reference on the subject.’
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Produktdetaljer

ISBN
9781800378759
Publisert
2022-09-13
Utgiver
Vendor
Edward Elgar Publishing Ltd
Høyde
234 mm
Bredde
156 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
454

Biographical note

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