Spatial spillovers of agglomeration economies and productivity in the tourism industry: The case of the UK
| Autor: | Yoo Ri Kim, Allan M. Williams, Sangwon Park, Jason Li Chen |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Economies of agglomeration
Strategy and Management 05 social sciences Transportation Development Tourism Leisure and Hospitality Management Spatial spillover 0502 economics and business Economics 050211 marketing Spatial econometrics Economic impact analysis Economic geography Productivity 050212 sport leisure & tourism Externality Tourism Panel data |
| Zdroj: | Tourism Management. 82:104201 |
| ISSN: | 0261-5177 |
| DOI: | 10.1016/j.tourman.2020.104201 |
| Popis: | This research investigates the direct and (indirect) spatial spillover effects of agglomeration economies on the productivity of the tourism industry. With increasing concerns about the persistence of low (labour) productivity in tourism across many developed economies, there is an urgent need to address this productivity challenge. Using major under-exploited UK microeconomic panel data, spatial econometric modelling is employed to estimate the effects of agglomeration economies on productivity. Findings reveal the significant effects of agglomeration economies on productivity within a specific region, but also significant spatial spillover effects across neighbouring regions, suggesting the possibility of productivity convergences. Competitive and complementary effects of agglomeration economies on productivity are identified. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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