IDEAS home Printed from https://ideas.repec.org/a/eee/anture/v103y2023ics0160738323001184.html

Sectoral productivity and destination competitiveness

Author

Listed:
  • Song, Haiyan
  • Jiao, Eden
  • Park, Sangwon
  • Lu, Jiangping (Virginia)

Abstract

To improve the quality of life of destination communities in the context of an expanding global economy, tourist destinations must sharpen their competitive advantages through increased productivity. In this study, we investigate the effect of sectoral productivity on destination competitiveness, using Hong Kong as an example. The competitiveness of a destination is measured by tourism-contributed quality of life relative to that of competing destinations. An autoregressive distributed lag model with error correction mechanism is used to model the relationship between destination competitiveness and various sectoral productivities. The productivity effects of several related sectors are identified through an empirical econometric analysis and the results show that destination competitiveness is more dependent on the productivities of core tourism sectors than those of other sectors.

Suggested Citation

  • Song, Haiyan & Jiao, Eden & Park, Sangwon & Lu, Jiangping (Virginia), 2023. "Sectoral productivity and destination competitiveness," Annals of Tourism Research, Elsevier, vol. 103(C).
    • Handle: RePEc:eee:anture:v:103:y:2023:i:c:s0160738323001184
    DOI: 10.1016/j.annals.2023.103645
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0160738323001184
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.annals.2023.103645?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Barros, Carlos Pestana & Botti, Laurent & Peypoch, Nicolas & Robinot, Elisabeth & Solonandrasana, Bernardin & A., George Assaf, 2011. "Performance of French destinations: Tourism attraction perspectives," Tourism Management, Elsevier, vol. 32(1), pages 141-146.
    2. Crouch, Geoffrey I. & Ritchie, J. R. Brent, 1999. "Tourism, Competitiveness, and Societal Prosperity," Journal of Business Research, Elsevier, vol. 44(3), pages 137-152, March.
    3. Pesaran, M.H. & Shin, Y., 1995. "An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis," Cambridge Working Papers in Economics 9514, Faculty of Economics, University of Cambridge.
    4. Ballance, Robert H & Forstner, Helmut & Murray, Tracy, 1987. "Consistency Tests of Alternative Measures of Comparative Advantage," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 157-161, February.
    5. Assaf, A. George & Tsionas, Mike, 2018. "The estimation and decomposition of tourism productivity," Tourism Management, Elsevier, vol. 65(C), pages 131-142.
    6. Uysal, Muzaffer & Sirgy, M. Joseph & Woo, Eunju & Kim, Hyelin (Lina), 2016. "Quality of life (QOL) and well-being research in tourism," Tourism Management, Elsevier, vol. 53(C), pages 244-261.
    7. M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
    8. Tiziana Laureti & Alessandro Viviani, 2011. "Competitiveness and productivity: a case study of Italian firms," Applied Economics, Taylor & Francis Journals, vol. 43(20), pages 2615-2625.
    9. Nishaal Gooroochurn & Guntur Sugiyarto, 2005. "Competitiveness Indicators in the Travel and Tourism Industry," Tourism Economics, , vol. 11(1), pages 25-43, March.
    10. Li, Gang & Song, Haiyan & Cao, Zheng & Wu, Doris Chenguang, 2013. "How competitive is Hong Kong against its competitors? An econometric study," Tourism Management, Elsevier, vol. 36(C), pages 247-256.
    11. A. George Assaf & Larry Dwyer, 2013. "Benchmarking International Tourism Destinations," Tourism Economics, , vol. 19(6), pages 1233-1247, December.
    12. Robert Engle & Clive Granger, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    13. Haiyan Song & Peter Romilly & Xiaming Liu, 2000. "An empirical study of outbound tourism demand in the UK," Applied Economics, Taylor & Francis Journals, vol. 32(5), pages 611-624.
    14. repec:eme:maj000:02686900210429669 is not listed on IDEAS
    15. Y.C. Tsim & V.W.S. Yeung & Edgar T.C. Leung, 2002. "An adaptation to ISO 9001:2000 for certified organisations," Managerial Auditing Journal, Emerald Group Publishing Limited, vol. 17(5), pages 245-250, July.
    16. Lukrecija Djeri & Predrag Stamenković & Ivana Blešić & Snežana Milićević & Milan Ivkov, 2018. "An importance-performance analysis of destination competitiveness factors: case of Jablanica district in Serbia," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 31(1), pages 811-826, January.
    17. Thaler, Richard, 1980. "Toward a positive theory of consumer choice," Journal of Economic Behavior & Organization, Elsevier, vol. 1(1), pages 39-60, March.
    18. Renuka Mahadevan, 2004. "The Economics of Productivity in Asia and Australia," Books, Edward Elgar Publishing, number 2682, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yan Zhang & Jiekuan Zhang, 2024. "Examining the complex causal relationships between the digital economy and urban tourist destination competitiveness," Economic Change and Restructuring, Springer, vol. 57(4), pages 1-28, August.
    2. Francesco Sica & Francesco Tajani & Pierluigi Morano, 2025. "A Model for Sustainable Development in Territorial Production Systems," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(3), pages 4511-4528, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Croes, Robertico & Ridderstaat, Jorge & Shapoval, Valeriya, 2020. "Extending tourism competitiveness to human development," Annals of Tourism Research, Elsevier, vol. 80(C).
    2. Paulo H A Feitosa & Amanda B A Silva, 2022. "Length of stay and satisfaction shaping the competitiveness of international business tourism in São Paulo city, Brazil," Tourism Economics, , vol. 28(3), pages 728-747, May.
    3. Sulaiman, Saidu & Masih, Mansur, 2017. "Is liberalizing finance the game in town for Nigeria ?," MPRA Paper 95569, University Library of Munich, Germany.
    4. Paresh Kumar Narayan & Russell Smyth, 2003. "Attendance and pricing at sporting events: empirical results from Granger Causality Tests for the Melbourne Cup," Applied Economics, Taylor & Francis Journals, vol. 35(15), pages 1649-1657.
    5. Parisa Foroutan & Salim Lahmiri, 2024. "Connectedness of cryptocurrency markets to crude oil and gold: an analysis of the effect of COVID-19 pandemic," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 10(1), pages 1-23, December.
    6. Raghoo, Pravesh & Surroop, Dinesh, 2020. "Price and income elasticities of oil demand in Mauritius: An empirical analysis using cointegration method," Energy Policy, Elsevier, vol. 140(C).
    7. Wang, Sen & Gao, Yi, 2021. "A literature review and citation analyses of air travel demand studies published between 2010 and 2020," Journal of Air Transport Management, Elsevier, vol. 97(C).
    8. Nahid Pourrostami & Farhad Taghizadeh-Hesary & Fatemeh Zarezadeh Mehrizi, 2023. "Population aging and working hour impacts on occupational accidents: evidence from Japan," Economic Change and Restructuring, Springer, vol. 56(4), pages 2621-2644, August.
    9. José Solana-Ibáñez & Manuel Caravaca-Garratón & Lorena Para-González, 2016. "Two-Stage Data Envelopment Analysis of Spanish Regions: Efficiency Determinants and Stability Analysis," Contemporary Economics, Vizja University, vol. 10(3), September.
    10. Kummer-Noormamode, Sabina, 2018. "The Relationship between Public Debt and Economic Growth: Nonlinearity and Country-Specificity," MPRA Paper 98075, University Library of Munich, Germany.
    11. Juan Carlos Martin, 2017. "Regional Spanish Tourism Competitiveness. A DEA-MONITUR approach," REGION, European Regional Science Association, vol. 4, pages 153-173.
    12. Manu, Emmanuel Kwaku & Chen, George S. & Asante, Dennis, 2022. "Regional heterogeneities in the absorptive capacity of renewable energy deployment in Africa," Renewable Energy, Elsevier, vol. 193(C), pages 554-564.
    13. Ferda Halicioglu, 2005. "An Ardl Model Of Aggregate Tourism Demand For Turkey," International Trade 0503005, University Library of Munich, Germany.
    14. Bilas Vlatka & Bosnjak Mile & Novak Ivan, 2017. "Examining the Relationship between Financial Development and International Trade in Croatia," South East European Journal of Economics and Business, Sciendo, vol. 12(1), pages 80-88, April.
    15. Shahid, Rabia & Shahid, Humera & Shijie, Li & Jian, Gao, 2024. "Developing nexus between economic opening-up, environmental regulations, rent of natural resources, green innovation, and environmental upgrading of China - empirical analysis using ARDL bound-testing approach," Innovation and Green Development, Elsevier, vol. 3(1).
    16. Abreu Novais, Margarida & Ruhanen, Lisa & Arcodia, Charles, 2018. "Destination competitiveness: A phenomenographic study," Tourism Management, Elsevier, vol. 64(C), pages 324-334.
    17. Nigar Huseynli, 2023. "The Effect of World Oil Price on Türkiye’s Exchange Rate," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 304-310, November.
    18. José Alves & João Quental Gonçalves, 2022. "How Money relates to value? An empirical examination on Gold, Silver and Bitcoin," Working Papers REM 2022/0222, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    19. Marashdeh, Hazem, 2005. "Stock Market Integration in the MENA Region: An Application of the ARDL Bounds Testing Approach," Economics Working Papers wp05-27, School of Economics, University of Wollongong, NSW, Australia.
    20. Jean Baptiste Tiemele & Kone Djakaridja & Bi Goli Jean Jacques Iritie, 2024. "Effects of FDI on the Growth of Agricultural Sector in Côte d'Ivoire: An Empirical Analysis Based on Toda-Yamamoto Causality Tests and ARDL Cointegration," Journal of Sustainable Development, Canadian Center of Science and Education, vol. 17(6), pages 1-76, November.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:anture:v:103:y:2023:i:c:s0160738323001184. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/annals-of-tourism-research/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.