The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry

Since seasonality has long been recognized as one of the most critical problems in the tourism industry, many studies have been conducted to investigate its reasons. Nevertheless, almost all the studies focus on climate and institutional reasons, ignoring the possible economic determinants. In this...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autor principal:	Jinghua Xie
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2020
Materias:	economic determinant income relative price tourism seasonality norway Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/ccb76a1ae2eb4522896fbc1b0e40226c
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:ccb76a1ae2eb4522896fbc1b0e40226c
record_format	dspace
spelling	oai:doaj.org-article:ccb76a1ae2eb4522896fbc1b0e40226c2021-12-02T14:41:50ZThe economic determinants of tourism seasonality: A case study of the Norwegian tourism industry2331-197510.1080/23311975.2020.1732111https://doaj.org/article/ccb76a1ae2eb4522896fbc1b0e40226c2020-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2020.1732111https://doaj.org/toc/2331-1975Since seasonality has long been recognized as one of the most critical problems in the tourism industry, many studies have been conducted to investigate its reasons. Nevertheless, almost all the studies focus on climate and institutional reasons, ignoring the possible economic determinants. In this study, we use econometric models to estimate how economic factors such as tourist’s income, the relative costs in a tourist’s home country, and destination country affect tourism seasonality, using the seasonal demand of the Japanese and Chinese tourists in the destination of Norway as a case study. The results suggest the long-ignored economic determinants are crucial in affecting tourism seasonal concentration. Various price strategies by considering the different price sensitivity of tourists in peak and off-peak seasons are necessary to modify seasonality. The mitigating effect of economic growth on tourism seasonality is parallel to the level of economic development. The finding is in line with the expectation that global tourism seasonality due to tourists from emerging markets may debilitate as these countries keep up with growth in the future.Jinghua XieTaylor & Francis Grouparticleeconomic determinantincomerelative pricetourism seasonalitynorwayBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 7, Iss 1 (2020)
institution	DOAJ
collection	DOAJ
language	EN
topic	economic determinant income relative price tourism seasonality norway Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	economic determinant income relative price tourism seasonality norway Business HF5001-6182 Management. Industrial management HD28-70 Jinghua Xie The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry
description	Since seasonality has long been recognized as one of the most critical problems in the tourism industry, many studies have been conducted to investigate its reasons. Nevertheless, almost all the studies focus on climate and institutional reasons, ignoring the possible economic determinants. In this study, we use econometric models to estimate how economic factors such as tourist’s income, the relative costs in a tourist’s home country, and destination country affect tourism seasonality, using the seasonal demand of the Japanese and Chinese tourists in the destination of Norway as a case study. The results suggest the long-ignored economic determinants are crucial in affecting tourism seasonal concentration. Various price strategies by considering the different price sensitivity of tourists in peak and off-peak seasons are necessary to modify seasonality. The mitigating effect of economic growth on tourism seasonality is parallel to the level of economic development. The finding is in line with the expectation that global tourism seasonality due to tourists from emerging markets may debilitate as these countries keep up with growth in the future.
format	article
author	Jinghua Xie
author_facet	Jinghua Xie
author_sort	Jinghua Xie
title	The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry
title_short	The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry
title_full	The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry
title_fullStr	The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry
title_full_unstemmed	The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry
title_sort	economic determinants of tourism seasonality: a case study of the norwegian tourism industry
publisher	Taylor & Francis Group
publishDate	2020
url	https://doaj.org/article/ccb76a1ae2eb4522896fbc1b0e40226c
work_keys_str_mv	AT jinghuaxie theeconomicdeterminantsoftourismseasonalityacasestudyofthenorwegiantourismindustry AT jinghuaxie economicdeterminantsoftourismseasonalityacasestudyofthenorwegiantourismindustry
_version_	1718389899192696832

The economic determinants of tourism seasonality: A case study of the Norwegian tourism industry

Ejemplares similares