2021
DOI: 10.1177/1354816621999969
|View full text |Cite
|
Sign up to set email alerts
|

Persistence in Croatian tourism: The impact of COVID-19

Abstract: This research note examines the change in the degree of persistence in the Croatian tourism indicators, foreign arrivals, and overnight stays, due to the COVID-19 pandemic using recursive estimation of a fractional integration model. The results indicate that the shock from the COVID-19 pandemic can be viewed as permanent in nature. The policy response to restore tourism to its original trend should consider whether such policies proceed as in the past with the promotion of the traditional tourism growth model… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

2
29
0

Year Published

2021
2021
2024
2024

Publication Types

Select...
7
1

Relationship

0
8

Authors

Journals

citations
Cited by 36 publications
(33 citation statements)
references
References 22 publications
(23 reference statements)
2
29
0
Order By: Relevance
“…Owners were open to these subsidies and governmental support, regardless of gender other than in Danes et al (2009). However, the financial supplies were Regarding our second research objective, an unforeseen result is the owners' openminded and positive approach to the future, which contradicts Payne et al (2021) who emphasize a permanent shock. Although the crisis severely impacted businesses, especially financial resources, the owners agree with their positive mindset.…”
Section: Contribution To Literaturementioning
confidence: 93%
See 1 more Smart Citation
“…Owners were open to these subsidies and governmental support, regardless of gender other than in Danes et al (2009). However, the financial supplies were Regarding our second research objective, an unforeseen result is the owners' openminded and positive approach to the future, which contradicts Payne et al (2021) who emphasize a permanent shock. Although the crisis severely impacted businesses, especially financial resources, the owners agree with their positive mindset.…”
Section: Contribution To Literaturementioning
confidence: 93%
“…Notwithstanding the potential of different travel behaviors, Gössling et al (2020) anticipated that domestic markets will recover first. A study on Croatia reveals that the shock from the pandemic can be viewed as permanent (Payne et al , 2021), and in other countries, the resumption of travel activities was not even a priority (Li et al , 2021; Wen et al , 2020). With this in mind, the present study addresses the resilience perception of business owners to enhance the understanding of the first recovery phase in a worldwide pandemic crisis and provide the beginning of a comparison to other countries’ perceptions.…”
Section: Literature Reviewmentioning
confidence: 99%
“…It is interesting to watch debates led on this topic -who should get helped, what is an adequate compensation for the losses, etc. (Payne, Gil-Alana and Mervar, 2021).…”
Section: Discussionmentioning
confidence: 99%
“…Also, risk management strategies also need to be conducted by medical industry, hospitals and doctors, and security agencies. Payne et al (2021) stated that the shock from the COVID-19 pandemic can be viewed as permanent in nature. The policy response to restore tourism to its original trend should consider whether such policies proceed as in the past with the promotion of the traditional tourism growth model or support the transformation toward a more sustainable tourism model.…”
Section: Discussionmentioning
confidence: 99%