An agent-based modelling approach to housing market regulations and Airbnb-induced tourism
| Autor: | Bjørnar Karlsen Kivedal, Birgit Leick, Evgueni Vinogradov |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
business.industry
Strategy and Management 05 social sciences Distribution (economics) Transportation Rental housing Development Business model Renting Market economy Tourism Leisure and Hospitality Management 0502 economics and business Tourist destinations 050211 marketing business Urban space 050212 sport leisure & tourism Tourism |
| Zdroj: | Tourism Management. 77:104004 |
| ISSN: | 0261-5177 |
| DOI: | 10.1016/j.tourman.2019.104004 |
| Popis: | Airbnb has shown constant growth and it provides income and taxes to tourist destinations. However, the prevalence of a substantial number of Airbnb providers in tourist destinations may lead to bottlenecks in rental housing markets. Regional planners and policy-makers across the world are therefore imposing restrictions to regulate this hitherto unregulated business model. The present paper sheds light on the link between housing-market regulation and the growth of Airbnb, based upon Norwegian Airbnb listings and agent-based modelling. The simulation results suggest that Airbnb's current growth will not simply flatten out when the supply matches the demand, but will be followed by a series of sudden crises and subsequent quick recoveries. These instabilities will put stress on local rental markets and threaten both the local tourism industry and rental housing markets. Moderate taxation may contribute to a more even distribution of Airbnb listings in Norway, notably across the urban space. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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