Monitoring the global COVID-19 impact on tourism: The COVID19tourism index

Yang, Yang; Altschuler, Benjamin; Liang, Zhengkang; Li, Xiang Robert

doi:10.1016/j.annals.2020.103120

Cited by 73 publications

(50 citation statements)

References 2 publications

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“…al, 2020). COVID-19 pandemic is widely recognized as a challenge for the travel and tourism sector (Higgins-Desbiolles, 2020) and this virus is highly transmittable and affects the world's economy with the travel and tourism industry one of the most ravaged sectors (Yang et al 2020). Rodríguez-Antón and Alonso-Almeida (2020) argue that the epidemic caused by COVID-19 is the largest pandemic that has affected the world in the last hundred years.…”

Section: The Implications Of Covid-19 Pandemic On Tourism Sectormentioning

confidence: 99%

An Empirical Analysis of Relationship Between Tourism and Economic Growth: Panel Evidence From Western Balkan Countries

Mirović¹,

Kalaš²,

Pavlović³

2020

International Thematic Monograph: Modern Management Tools and Economy of Tourism Sector in Present Era

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Tourism is one of the most important sectors in the world and it has multiplier effects due to indirect implications to a wide variety of small, service-oriented businesses. This paper aims to determine the effects of the tourism sector on economic growth in terms of tourism share, international tourism receipts and international tourism arrivals. The subject of the chapter is estimating the effects of the tourism sector on economic growth in selected Western Balkan countries such as Albania, Bosnia and Herzegovina, Montenegro, North Macedonia and Serbia for the period 2007-2018. Results of the fixed effects model show tourism sector has significant and positive impact on economic growth in these countries for the observed period. Empirical findings manifest that governments in Western Balkan countries should focus on a higher share of the tourism sector in their economy in order to provide positive implications to economic development.

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Section: The Implications Of Covid-19 Pandemic On Tourism Sectormentioning

confidence: 99%

An Empirical Analysis of Relationship Between Tourism and Economic Growth: Panel Evidence From Western Balkan Countries

Mirović¹,

Kalaš²,

Pavlović³

2020

International Thematic Monograph: Modern Management Tools and Economy of Tourism Sector in Present Era

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“…However, the catering index also recorded the lowest score in February 2020, when China was most affected by COVID-19; this month saw the outbreak's dramatic adverse impact on the catering industry. External factors that can affect restaurant sales include national economic conditions, socio-demographic characteristics, weather conditions, time availability, events, government policies, and various crises such as infectious diseases (Yang et al, 2020a(Yang et al, , 2020b. The catering industry relies heavily on human interaction and gatherings and is particularly vulnerable to health crises such as COVID-19.…”

Section: Comparisons Across Service Sectorsmentioning

confidence: 99%

Night-time economy vitality index: Framework and evidence

et al. 2021

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This study aims to develop a multi-dimensional night-time economy vitality index (NTEVI) to measure the vitality of night-time economic (NTE) activities in Zhejiang Province, China, covering its 11 cities and 90 counties. Comprising 44 supply and demand indicators of the NTE, the index was composed of an overall index and six major sub-indices that measured the vitality of six typical NTE subsectors, including catering, shopping, recreation, accommodation, touring, and fitness. The NTEVI was calculated using a unique multi-source dataset based on hourly online transaction data from a leading Chinese online-to-offline service platform, monthly night-time electricity consumption data, and official statistics from 2019 to 2020. Robustness and sensitivity analyses were conducted to ensure high credibility of the index results. The findings of this study suggested that the NTEVI was highly and significantly correlated with night light indices, economic indicators, and tourism demand measures. By identifying regional and temporal differences across several service sectors over time at the county, city, and provincial levels, the NTEVI serves as a powerful numerical and visual tool: it offers key information to guide policy formulation, resource allocation, and policy evaluation. In the context of COVID-19, the index analyses also reflect the NTE recovery process in Zhejiang Province. Our findings indicate that it is important for the Chinese government, regional authorities, and enterprises to encourage the NTE as a main driver of economic revitalization.

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“…The Mexican Caribbean did not impose any travel ban or strict measures to control the inflow of foreign visitors (World Tourism Organization 2021), and given the closure of other destinations worldwide, it represented an available, short-distance destination for travelers from the United States and Canada, the main international markets for the Mexican Caribbean. The rapid increase in international tourism was particularly noticeable at the end of 2020 and beginning of 2021, according to the 'COVID19tourism Index' (see Yang et al 2021a). In fact, Mexico is to date the country that has reached the greatest travel and tourism recovery level in the Americas, second only to the Dominican Republic (COVID19tourism Index 2021).…”

Section: Rebound and Recoverymentioning

confidence: 99%

Effects of COVID-19 on Variations of Taxpayers in Tourism-Reliant Regions: The Case of the Mexican Caribbean

Cruz-Milán

Puls

2021

JRFM

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Given the tourism industry’s risk and vulnerability to pandemics and the need to better understand the impacts on tourism destinations, this research assesses the effect of the COVID-19 outbreak on the variation of taxpayer units in the Mexican Caribbean region, which includes some of the major sun-and-sand beach destinations in Latin America. Using monthly data of registered taxpayer entities at the state and national levels as the analysis variable, probability distributions and definite integrals are employed to determine variations of the year following the lockdown, compared with previous years’ data. Results indicate that despite the government’s measures to restrict businesses’ operations and a reduction in tourism activities, registered taxpayers at the regional level did not decrease for most of 2020. Further, as business activities and tourism recovered, taxpayer units increased at the end of 2020 and beginning of 2021. Surprisingly, such a pattern was not observed at the national level, which yielded no statistically significant variations. A discussion of factors influencing the resilience of the tourism region in the study (e.g., outbound markets’ geographic proximity, absence of travel restrictions, closure of competing destinations) and implications for public finances are presented.

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Monitoring the global COVID-19 impact on tourism: The COVID19tourism index

Cited by 73 publications

References 2 publications

An Empirical Analysis of Relationship Between Tourism and Economic Growth: Panel Evidence From Western Balkan Countries

An Empirical Analysis of Relationship Between Tourism and Economic Growth: Panel Evidence From Western Balkan Countries

Night-time economy vitality index: Framework and evidence

Effects of COVID-19 on Variations of Taxpayers in Tourism-Reliant Regions: The Case of the Mexican Caribbean

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