Convergence hypothesis in tourism markets and activities in Taiwan

Abstract

Tourism policies do not only focus on how to improve arrivals from different tourism markets but also for different tourism activities. However, studies on convergence hypothesis of tourist arrivals, which can provide guidelines on how tourism policies should be conducted, have concentrated on convergence of tourism markets. The main contribution of this study is that in addition to convergence hypothesis in tourism markets, we have considered convergence hypothesis in tourism activities. We focus on Taiwan, and using a recently developed residual augmented least squares unit root test that allows for structural breaks and non-normality, we observe that convergence exists in the 15 major tourism markets and in 4 of the 5 major tourism activities in Taiwan. As a robustness check, we have also used a club convergence approach, and the results provide dominant evidence for club convergence in the tourism sector of Taiwan. The policy implications of the findings are provided within the article.

Segmenting Tourism Markets Based on Demand Growth Patterns: A Longitudinal Profile Analysis Approach

“…The number of markets in a study ranged from 8 in Narayan (2007) to 81 in Lin et al (2019), with the majority falling between 10 and 20. The length of period in a study spanned from 8 years in Solarin (2018) to 32 years in Narayan (2007) and Tiwari (2016), while most studies examined between 10 and 20 years. The most researched destinations include Australia (Kourtzidis et al, 2018; Valadkhani & O’Mahony, 2018), Singapore (Lee, 2009; Tan & Tan, 2013), Malaysia (Lean & Smyth, 2008; Tang, 2011), and Turkey (Abbott et al, 2012; Hepsag, 2016; Kaplan et al, 2017; Lin et al, 2019).…”

“…The most researched destinations include Australia (Kourtzidis et al, 2018; Valadkhani & O’Mahony, 2018), Singapore (Lee, 2009; Tan & Tan, 2013), Malaysia (Lean & Smyth, 2008; Tang, 2011), and Turkey (Abbott et al, 2012; Hepsag, 2016; Kaplan et al, 2017; Lin et al, 2019). Other popular destinations examined include Fiji (Narayan, 2007), the Seychelles (Solarin & Lean, 2014), the Caribbean (Lorde & Moore, 2008), South Africa (Solarin, 2014), India (Tiwari, 2016), Spain (Mérida et al, 2016), Greece (Katrakilidis et al, 2017), and Taiwan (Solarin, 2018).…”

Segmenting global tourism markets: A panel club convergence approach

“…The testing of tourism market convergence is an emerging topic in the latest tourism economics literature (e.g. Abbott et al, 2012;Kourtzidis et al, 2018;Lean & Smyth, 2008;Lin & Deng, 2018;Mérida et al, 2016;Narayan, 2006;Solarin, 2018;Tan & Tan, 2013;Tiwari, 2016;Valadkhani & O'Mahony, 2018;Xie, Tiwari, & Chang, 2018).…”

“…Most studies of tourism market convergence either use unit root tests with or without breaks (e.g. Lorde & Moore, 2008;Narayan, 2006;Solarin, 2018;Tan & Tan, 2013;Tang, 2011;Tiwari, 2016;Xie et al, 2018), co-integration along with unit root tests (e.g. Abbott et al, 2012;Solarin, 2014;Yilanci & Eris, 2012), or sigma and beta convergence methods (Lin & Deng, 2018).…”

New Challenges of Quality of the Market of Health-Resort and Tourist Services: Case Study of Krasnodar Krai (Russia)

“…Modern challenges of the markets of healthresort and tourist services are discussed in papers of such researchers as Can and Gozgor (2018), Gardiner and Scott (2018), Hung (2018), Liu (2018), Solarin (2018), Yusuf (2014), Jakulin& Čop (2017), Kuo et al (2019), Kuo et al (2018), Mejia et al (2018), Vu et al (2018), , , Yu et al (2018), Zhou et al (2019). Amara (2017) emphasizes the importance of responsible marketing as a factor of competitiveness of suppliers in the market of health-resort and tourist services.…”