Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/156665
Authors: 
Firgo, Matthias
Fritz, Oliver
Year of Publication: 
2016
Series/Report no.: 
WIFO Working Papers 517
Abstract: 
This paper is the first to apply an econometric shift-share model to tourism. The approach allows us to isolate the growth contributions of changes in regional touristic attractiveness from those induced by the structure of visitors, but does not share the caveats of the conventional shift-share approach. Our application to regional tourism in Austria reveals important results: First, differences in long-run performance between regions are mostly related to idiosyncratic changes in the tourist appeal of individual regions rather than a result of more or less favorable structures of visitors. Second, none of several mega-events during the period observed seem to have left prolonged positive effects on the tourist performance of the host regions. And third, performance appears uncorrelated with tourism intensity of a region. Thus, from a policy and destination management perspective, tourism authorities and local suppliers should mainly focus on upgrading the permanent destination attractiveness rather than investing too much effort into landing megaevents or targeting the visitor mix towards promising source markets.
Subjects: 
tourism developments
service exports
regional performance
shift-share regression analysis
visitor portfolio
Austria
JEL: 
L83
M30
O14
O25
R58
Document Type: 
Working Paper

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