Search citation statements
Paper Sections
Citation Types
Year Published
Publication Types
Relationship
Authors
Journals
With the European Green Deal, the EU aims to implement new growth models that are climate neutral. Industry and ecosystems in the EU are undergoing a rapid green and digital transition. Cooperation between industry, public authorities, social partners, and stakeholders is envisaged in European policies,along the transition path of each ecosystem. In the tourism ecosystem, eco-entrepreneurship plays a crucial role in promoting responsible travel and ensuring the preservation of local ecosystems and cultures. One of the key strategies for eco-entrepreneurs in the travel industry is to constantly innovate and look for new ways to reduce travel's environmental footprint. To achieve the set goals, the EU focuses on the implementation of policies that promote the conservation of natural resources, the preservation of cultural heritage and support for local communities, activities also important for the development of tourism. The aim of the present study is to present the potential of European eco-policies and indicators for measuring the effect of their implementation to achieve the priorities set in European policies and their impact on the tourism ecosystem.
With the European Green Deal, the EU aims to implement new growth models that are climate neutral. Industry and ecosystems in the EU are undergoing a rapid green and digital transition. Cooperation between industry, public authorities, social partners, and stakeholders is envisaged in European policies,along the transition path of each ecosystem. In the tourism ecosystem, eco-entrepreneurship plays a crucial role in promoting responsible travel and ensuring the preservation of local ecosystems and cultures. One of the key strategies for eco-entrepreneurs in the travel industry is to constantly innovate and look for new ways to reduce travel's environmental footprint. To achieve the set goals, the EU focuses on the implementation of policies that promote the conservation of natural resources, the preservation of cultural heritage and support for local communities, activities also important for the development of tourism. The aim of the present study is to present the potential of European eco-policies and indicators for measuring the effect of their implementation to achieve the priorities set in European policies and their impact on the tourism ecosystem.
The main aim of the article is to present an assessment of the dynamics and determine the trends in the tourism development in Łódź and Łódź Voivodeship in 2004-2021, as well as to compare them. Comparison of the tourism development in Łódź and Łódź Voivodeship was carried out on the calculation and analysis of integral indicators. The integral indicator was calculated based on 14 indicators grouped into three groups: 1) tourist accommodation establishments (9 indicators); 2) museums, including branches (3 indicators); 3) organization of mass events (2 indicators). Data collection by groups of indicators was carried out by the statistical observation method. As an information base, it is advisable to use official sources of information, namely data from the official website of Central Statistical Office of Poland and Regional Statistical Office in Łódź. To bring a significant number of different-quality and different-sized analytical indicators of tourism development, which were used to calculate the integral indicator, into a comparable form, they were normalized. Determination of weighting coefficients was carried out by an expert method (ranking method). The analysis allows come to conclusion about presence of common upward trend in the tourism development in Łódź and Łódź Voivodeship with elements of fluctuation in the period of 2004-2019 as well as general dramatic decline in 2020. However, compound annual growth rate of the tourism development in Łódź and Łódź Voivodeship for the analyzed period differs and equals 9,04% and 7,18% respectively. With continued investment in infrastructure, cultural and tourist projects, the region is likely to continue to grow as a popular tourist destination in the coming years. The development of tourism in Łódź and Łódź Voivodeship has been driven by a combination of the following factors: converting a rich history and cultural heritage into cultural and entertainment centers both for tourists and for the locals; significant investment in tourism infrastructure; investing in marketing, advertising and destination management; development of the entertainment industry, etc.
The aim of the study is to investigate the behaviour of the Chinese government bond yield curve before and during the COVID-19 pandemic. Its methodology comprises the techniques of time series analysis, correlation analysis and dimensionality reduction. The main empirical results show that in the pandemic period, the behaviour of the Chinese government bond yield curve differs significantly from that before the outbreak of COVID-19. This is evidenced by the weaker correlations among the analysed yields, the presence of anomalies, heterogeneous behaviour and probable arbitrage opportunities at the long-term end of the studied yield curve, as well as the significant changes in the main factors of its dynamics. The research also reveals that prior to the COVID-19 pandemic, portfolios composed of Chinese government bonds could be well protected against interest rate risk even by using traditional parallel shift immunization techniques. However, after the outbreak of the COVID-19 pandemic the use of such techniques would be relatively effective for portfolios of Chinese government bonds with maturities between 1 and 5 years, while portfolios that include Chinese government bonds with maturities greater than 7 years should be either hedged against all the three factors of the yield curve dynamics or be used only for arbitrage strategies.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.