Spatial and Temporal Concentration of Tourism Supply and Demand in Northern Portugal. Application of the Herfindahl-Hirschman Index

Fernandes, Paula Odete; Nunes, Alcina; Veloso, Cláudia Miranda; Santos, Eleonora; Ferreira, Fernanda A.; Fonseca, Manuel José

doi:10.1007/978-981-15-2024-2_24

Cited by 5 publications

(3 citation statements)

References 19 publications

(4 reference statements)

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“…Ferrante et al (2018), Corluka (2019), and Duro and Turrió n-Prats (2019) discussed seasonal concentration in tourism market structure and emphasized that seasonal concentration affects tourism market structure and has environmental and economic effects. Similarly, Fernandes et al (2020) argued that the geographical concentration of tourism can also cause significant negativities, such as inter-regional development differences, which deepens the economic and social imbalances between geographical regions.…”

Section: Introductionmentioning

confidence: 99%

Is the volatility of international tourism revenues affected by tourism source market structure? An empirical analysis of Turkey

2021

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This study examines the effect of tourism source market structure on the volatility of tourism revenues in Turkey, using the number of tourists according to nationality and the data on international tourism revenues. The tourism source market structure was measured using the normalized Herfindahl–Hirschman index and the relative entropy index, which is based on the number of tourists visiting Turkey from 107 source markets. The volatility of tourism revenues and the effect of tourism source market structure on this volatility were assessed using the autoregressive conditional heteroskedasticity (ARCH) method. The results show that both variables measuring tourism source market structure affect the volatility of tourism revenues. Accordingly, the concentration of the tourism source market increases the volatility of tourism revenues, whereas source market diversification decreases it.

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Section: Introductionmentioning

confidence: 99%

Is the volatility of international tourism revenues affected by tourism source market structure? An empirical analysis of Turkey

2021

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“…We used annual ranked listing of firms by their revenues to determine the structural indicators of the industry, namely the share of four largest firms and the Herfindahl-Hirschman Index-a well know economic concentration measure, used also to measure the concentration of tourism activity (Petković et al 2016;Fernandes et al 2020). Our assumption was that the share of firm's revenue in the industry's total revenue is equal to the firm's market share, though some firms may have a diversified business.…”

Section: Methodsmentioning

confidence: 99%

Industrial Life-Cycle and the Development of the Russian Tourism Industry

Шерешева

Valitova

Tsenzharik

et al. 2020

JRFM

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The purpose of the study presented in the paper is to highlight the influence of the microeconomic factors related to the evolutionary stage of the industry’s life cycle on the industry dynamics. The authors use the example of the Russian tourism industry to show that microeconomic factors are important, along with the macroeconomic, market, and demand characteristics external to the industry. Data mining was applied to obtain data from the industrial enterprise database and Rostourism official documents since there are no regular Russian statistics on firms’ exit and new entry. The authors used annual ranked listing of firms by their revenues to determine the structural indicators of the industry. The results confirm that it is important to consider not only the demand and macroeconomic indicators, which are external risks in relation to the industry, but also the internal processes at the different stages of the product cycle. In a sufficiently long period, the influence of microeconomic indicators may be no less strong than the business factors of financial risk. One should take this into consideration in econometric modeling on long time-series.

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“…When it comes to tourism research, the HHI has been employed to measure the degree of concentration of tourism activity, both internationally (Croes and Kubickova, 2013; Liu et al, 2018) and regionally (Fernandes et al, 2020; Majewska, 2015). The index has also been utilized to calculate the concentration of revenue among hotels (Davies, 1999; Pan, 2005).…”

Section: Data and Empirical Approachmentioning

confidence: 99%

Peer-to-peer accommodation prices: City listing concentration and host listing share

2022

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This article examines the relationship of city listing concentration and host listing share with prices in the peer-to-peer accommodation market. To this end, a multilevel analysis is applied to data from 216,960 Airbnb listings in 45 cities. The results reveal that while city-level concentration does not significantly affect prices, the listing share of each supplier does have a significant effect. This highlights that host listing shares can explain the ability of agents to influence the price of their accommodations even in relatively competitive markets such as peer-to-peer accommodation. Our findings have theoretical implications relating to the idiosyncratic aspects that affect business pricing, as well as practical implications in the private sphere for the rest of the hospitality and tourism industry, and for public policy in terms of regulations.

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Spatial and Temporal Concentration of Tourism Supply and Demand in Northern Portugal. Application of the Herfindahl-Hirschman Index

Abstract: The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.

Cited by 5 publications

References 19 publications

Is the volatility of international tourism revenues affected by tourism source market structure? An empirical analysis of Turkey

Is the volatility of international tourism revenues affected by tourism source market structure? An empirical analysis of Turkey

Industrial Life-Cycle and the Development of the Russian Tourism Industry

Peer-to-peer accommodation prices: City listing concentration and host listing share

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