Tourism economics research: A review and assessment

Tourism and regional income inequality: Evidence from China

“…The most frequently used methods are the Granger causality test and co-integration analysis, and the main criticism faced by the TLG and TKIG studies is their reliance on the Granger causality test, which only represents the secessionist's view of causation and does not necessarily suggest the real cause-effect relationship (Song, Dwyer, Li, & Cao, 2012). Other studies are based on neoclassical economic growth theory and the augmented Solow model, including tourism proxies as a separate input factor or international inbound tourism as a component of exports into this model, which is rather questionable.…”

Destination images, holistic images and personal normative beliefs: Predictors of intention to revisit a destination

“…The impact of tourism in the economic growth of countries and local destinations has been widely confirmed (Song, Dwyer, & Cao, 2012;Tugcu, 2014;Webster & Ivanov, 2014), causing competition among countries in the tourism industry (Dwyer et al, 2009;Molina, Frías-Jamilena, & Castañeda-García, 2013). In the case of Greece, travel and tourism contributes 7.0% of GDP directly, leading to a total contribution of 17.3% to the national economic performance, directly supporting 340,500 jobs (9.4% of total employment) and generating 12.2 billion euros of invisible exports (24.5% of total exports) in 2014 (World Travel & Tourism Council, 2015).…”

Sentiment, mood and outbound tourism demand

“…Tourism studies have adopted a multi-disciplinary approach integrating many social disciplines, including economics, in order to gain a better understanding of tourism related issues, such as tourism demand. This is reflected in the bulk of the research published on tourism demand determinants (Song, Dwyer, Li & Cao, 2012).…”

“…This climate could have possibly created spillover effects on consumers' mood and their spending behavior, especially towards luxury goods, such as tourism. The tourism literature has already started to investigate market interdependences in outbound tourism from one origin country to multiple source markets, an area of research that is developing in response to the recent crisis (Song et al, 2012).…”