Measuring the Economic Impact of Rural Tourism Membership on Local Economy: A Korean Case Study
| Autor: | Hio-Jung Shin, Jae-Young Son, Hyun No Kim |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2017 |
| Předmět: |
lcsh:TJ807-830
Geography Planning and Development Rural tourism lcsh:Renewable energy sources 010501 environmental sciences Management Monitoring Policy and Law choice experiment 01 natural sciences 0502 economics and business Economics rural tourism membership economic growth tourism resources rural tourism management Economic impact analysis lcsh:Environmental sciences 0105 earth and related environmental sciences lcsh:GE1-350 Estimation Public economics Renewable Energy Sustainability and the Environment lcsh:Environmental effects of industries and plants Tourism geography 05 social sciences Environmental economics Purchasing lcsh:TD194-195 Ecotourism Rural area 050212 sport leisure & tourism Tourism |
| Zdroj: | Sustainability; Volume 9; Issue 4; Pages: 639 Sustainability, Vol 9, Iss 4, p 639 (2017) |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su9040639 |
| Popis: | The implementation of rural tourism membership can aid in boosting economic growth in rural areas. This study examines households’ preferences for rural tourism experience in association with sales of local agricultural products. Using a choice experiment method developed by experimental designs, this paper examines households’ preferences to trade off purchasing costs of local agricultural products against various benefits provided by the rural tourism membership. The methods utilized in this paper represent an effective approach to evaluate the value of local tourism resources and the influence of these resources on the local economy. In empirical estimation we applied econometric approaches that allow for different preferences by incorporating income and residence effects into the models. Findings reveal that respondents place a premium on tourism attributes such as invitation seats and outdoor adventure tickets when choosing a tourism membership. We also find that the economic impacts associated with inducing higher-level tourism membership are substantial. This paper illustrates the potential for the development of a strategy associated with rural tourism management to enhance the local economy. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|