The Tourism Sector and U.S. Regional Macroeconomic Stability: A Network Approach

Min, Jihye; Agrusa, Jerome; Lema, Joseph; Lee, Harold

doi:10.3390/su12187543

Cited by 6 publications

(6 citation statements)

References 51 publications

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“…Tourism has historically been a significant contributor to the State of Hawai'i's economy (Agrusa 1994;Min et al 2020). The disruption caused by COVID-19 has emphasized the tourism industry's importance in Hawai'i for hospitality and travel businesses, as well as its role as an economic contributor for local families who rely on employment in the tourism sector or supporting industries.…”

Section: Introductionmentioning

confidence: 99%

The Economic Sustainability of Culture in Hawai’i: Tourists’ Willingness to Pay for Hawaiian Cultural Experiences

Andrade

Itoga

Linnes

et al. 2021

JRFM

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Given the current travel restrictions with the COVID-19 pandemic, there is an unprecedented opportunity for Hawai’i to reexamine its current tourism offerings and establish a new approach to support a more authentic, cultural, and sustainable tourism for the U.S. domestic tourist market. As tourists from the continental U.S. are the largest source market for visitors to Hawai’i, the purpose of this study is to examine the trend towards an “authentic cultural” tourism experience and evaluate whether U.S. visitors will be willing to pay for a deeper integration and representation of Hawaiian culture in tourism offerings. The contingent valuation method (CVM) was adopted to quantify the willingness to pay (WTP) more by the tourists to Hawaii in order to experience a more “authentic Hawaiian cultural experience” as well as “sustainable experiences”. Differences between returning and first-time visitors were considered. This study focused on continental U.S. visitors’ perceptions of Hawaiian culture and the sustainability of Hawaiian tourism products, as well as the assessment of locally grown food and tourists’ willingness to pay extra for these tourism products and experiences. The contingent valuation survey demonstrated that continental U.S. travelers were supportive of an additional fee in order to experience authentic Hawaiian cultural and tourism experiences designed and/or facilitated by Native Hawaiians. In addition, U.S. visitors were also supportive of paying additional fees for activities or experiences to support sustainable tourism in Hawai’i, including paying more for locally grown food, indicating that they would be willing to increase their restaurant/hotel food bill in order to support the Hawaii’s local farming industry. The results of this study demonstrate that there are economic opportunities to further integrate Hawaiian culture and sustainability into the experience of visitors, and that U.S. visitors are willing to support these cultural activities financially.

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Section: Introductionmentioning

confidence: 99%

The Economic Sustainability of Culture in Hawai’i: Tourists’ Willingness to Pay for Hawaiian Cultural Experiences

Andrade

Itoga

Linnes

et al. 2021

JRFM

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“…For the state of Hawaii, tourism has historically been a significant contributor to the economy [113,114]. Since Hawaii became the 50th state of the United States in 1959, the introduction of tourism to Hawaii has made it the largest employer today and generated the most revenue and taxes for the state [115].…”

Section: Hawaiimentioning

confidence: 99%

What Tourists Want, a Sustainable Paradise

Linnes

Agrusa

Ronzoni

et al. 2022

Tourism and Hospitality

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The increasing complexity of tourism and sustainability offers opportunities and challenges among diverse stakeholder perspectives. The need for sustainable and nature-based approaches exists throughout the growing body of literature from among a number of dimensions and measures. One of the overarching goals of the paper is to examine whether tourists will choose a destination or hotel that is actively working to improve the environment while examining how Hawaii’s tourism is nature-based as well as other measures of sustainability while enjoying a slice of paradise in the Hawaiian Islands. This study explores tourism sustainability concerns in Hawaii, such as the influence of the tourist sector on the environment and will address if Hawaii should be recognized as a sustainable tourism destination. A survey instrument was developed where 454 respondents participated. According to the findings of this research, tourists visiting Hawaii support environmentally sustainable tourism practices leading towards a more sustainable tourist destination.

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“…In contrast, Mai et al (2019) in their study of China show that the manufacturing industry plays a stabilizing role, while the most destabilizing influence is exerted by fast-growing industries such as the financial sector, construction, and real estate operations. Min J. et al (2020) use American data to show how the structural composition of regional economies in the US affects the volatility of their economic growth. Malkina (2020) tested the hypothesis about the connection between the sustainability of regional economic development and the degree of industrial diversification.…”

Section: Literature Reviewmentioning

confidence: 99%

Key steps to smart specialization development of Russian regions

Myslyakova

Shamova

Neklyudova

2021

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Relevance. The development of modern mechanisms for state regulation of regional processes, including those related to investment support for certain industries (e.g. the Spatial Development Strategy in Russia), requires a research-informed choice of ‘priority’ specializations. At the same time, such choice should meet the requirement of resilient economic development of these regions if the development of these specializations is supported on the national level. Research objective.The goal of this study is to assess the current structure of the Russian regions’ economy. We aim to identify the regions that have a specialization and thus can ensure resilient development and transition to smart specialization. Data and methods. The study proposes a methodological approach to identify the region’s smart specialization. The approach is based on the calculation of indicators that characterize the regions’ industries according to Russia’s national classifier of types of economic activity (OKVED2). Regions with pronounced industrial specialization are thus identified. The methodological approach has been tested by using statistical data for 84 regions. Results.43 regionswith industrial, export-oriented and extractive specialization were identified. We revealed nineregions that had sufficient prerequisites for the transition tosmart specialization and 11 regions that need to strengthen their knowledge-intensive component. Conclusion.The resulting list of Russian regions that can act as pioneer territories for the introduction of structural changes into the practice of state regulation can be of interest to policy-makers.

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The Tourism Sector and U.S. Regional Macroeconomic Stability: A Network Approach

Cited by 6 publications

References 51 publications

The Economic Sustainability of Culture in Hawai’i: Tourists’ Willingness to Pay for Hawaiian Cultural Experiences

The Economic Sustainability of Culture in Hawai’i: Tourists’ Willingness to Pay for Hawaiian Cultural Experiences

What Tourists Want, a Sustainable Paradise

Key steps to smart specialization development of Russian regions

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