2022
DOI: 10.1016/j.annale.2022.100055
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Impact of domestic tourism on economy under COVID-19: The perspective of tourism satellite accounts

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Cited by 24 publications
(18 citation statements)
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References 66 publications
(109 reference statements)
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“…Regarding tourism's nexus to several economic, the study documented two vines of evidence in the literature. First, the positive association that tourism development accelerated economic growth (Alam, 2022a;Toubes and Araújo-Vila, 2022;Wu et al, 2022a;Wu et al, 2022b), financial development (Kumar, 2014), foreign direct investment (Arain et al, 2020), capital formation, poverty reduction and human capital development (Thrane, 2008). The second line of empirical studies has explained the destructive nature of tourism development in the economy through environmental degradation by increasing carbon emissions (Liu et al, 2011).…”
mentioning
confidence: 99%
“…Regarding tourism's nexus to several economic, the study documented two vines of evidence in the literature. First, the positive association that tourism development accelerated economic growth (Alam, 2022a;Toubes and Araújo-Vila, 2022;Wu et al, 2022a;Wu et al, 2022b), financial development (Kumar, 2014), foreign direct investment (Arain et al, 2020), capital formation, poverty reduction and human capital development (Thrane, 2008). The second line of empirical studies has explained the destructive nature of tourism development in the economy through environmental degradation by increasing carbon emissions (Liu et al, 2011).…”
mentioning
confidence: 99%
“…The impact of COVID-19 on the hotel industry has attracted considerable attention at three levels: macro, meso , and micro. At the macro-level, the pandemic plunged the economy into crisis ( Sharma & Nicolau, 2020 ), reversed the ongoing upsurge in global tourism, threatened global inbound tourism markets ( Tsui, Fu, Chen, Lei, & Wu, 2021 ), and reduced domestic tourism's economic contributions ( Wu, Cao, Liu, & Chen, 2022 ). The impacts at the meso-level are reflected in the hotel industry segment and operational, structural changes ( Ozdemir, Dogru, Kizildag, Mody, & Suess, 2021 ), hospitality labor market shrinkages ( Huang, Makridis, Baker, Medeiros, & Guo, 2020 ), hotel supply chain instability ( Aigbedo, 2021 ).…”
Section: Literature Review and Hypothesis Developmentmentioning
confidence: 99%
“…The available research assesses COVID-19's impacts from objective and subjective perspectives. The former adopts an econometric model to assess the pandemic's objective impact on hospitality firms' financial performance (e.g., hotels, restaurants, casinos) ( Clark, Mauck, & Pruitt, 2021 ), connectedness across global hospitality stocks ( Hadi, Naeem, & Karim, 2022 ), and the industry's economic contribution ( Wu et al, 2022 ). The latter considers COVID-19's subjective impact on hotels, employees, and customers through interviews, questionnaire surveys, case studies, and viewpoint papers ( Baum et al, 2020 ; Tong et al, 2021 ; Xie, Zhang, Chen, & Morrison, 2022 ; Xie, Zhang, Huang, et al, 2022 ).…”
Section: Literature Review and Hypothesis Developmentmentioning
confidence: 99%
“…The approaches to modelling infectious diseases are quite diverse. These include the use of econometrics approaches ( Haque & Haque, 2018 ; Kuo et al, 2008 ; Liu et al, 2011 ; Page et al, 2011 ), artificial neural networks ( Jaipuria, Parida, & Ray, 2021 ), Input-Output multiplier model ( Hai, Zhao, Wang, & Hou, 2004 ), the computable general equilibrium (CGE) models ( Blake et al, 2003 ; Dwyer et al, 2006 ; Maliszewska et al, 2020 ; McKibbin & Fernando, 2020 ; Pham et al, 2021 ), the dynamic stochastic general equilibrium modelling technique ( Yang, Zhang, & Chen, 2020 ), and the Tourism Satellite Accounts (TSA) approach ( Pham et al, 2021 ; Wu, Cao, Liu, & Chen, 2022 ). The modelling choice will determine the outcomes of the analysis, as each approach has distinct characteristics.…”
Section: The Economic Tourism Impacts Of Infectious Diseasesmentioning
confidence: 99%