IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxiiiy2020i4p107-122.html
   My bibliography  Save this article

Mitigating Risk of the Tourism Sector in the European Union Member States During the COVID-19 Pandemic

Author

Listed:
  • Anna Bera
  • Karolina Drela
  • Agnieszka Malkowska
  • Anna Tokarz-Kocik

Abstract

Purpose: The article presents, in a multidimensional perspective, the instruments applied in EU member states to mitigate the effects of the COVID-19 pandemic in the tourism sector. Design/Methodology/Approach: Research conducted in the article was based on secondary data. Research methods applied in the paper include critical review of literature, method of comparative analysis and secondary data analysis. Findings: The outcome of the article is the identification of actions undertaken in EU member states to support the tourism sector and original elaboration on the scheme of instruments used by EU authorities and countries in order to limit the epidemic risk in tourism. Practical Implications: The analysis and evaluation carried out in the article demonstrated that risk management in EU member states’ tourist sectors at the time of pandemic requires integrated protective measures. The results may be used to develop a long-term strategy for the EU’s tourism sector and programmes for prevention of crisis outcomes in other sectors of the economy as well. Originality/value: In the perspective presented herein, issues related to the epidemic risk in the tourism sector, discussed in the article, have not been the subject of scientific analyses in domestic or foreign literature.

Suggested Citation

  • Anna Bera & Karolina Drela & Agnieszka Malkowska & Anna Tokarz-Kocik, 2020. "Mitigating Risk of the Tourism Sector in the European Union Member States During the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 107-122.
    • Handle: RePEc:ers:journl:v:xxiii:y:2020:i:4:p:107-122
    as

    Download full text from publisher

    File URL: https://www.ersj.eu/journal/1674/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 0. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press, vol. 36(Supplemen), pages 94-137.
    2. Mitsuhiro Inamura & Jonathan Rushton & Jesús Antón, 2015. "Risk Management of Outbreaks of Livestock Diseases," OECD Food, Agriculture and Fisheries Papers 91, OECD Publishing.
    3. Yaoqing Yuan & Maozhu Jin & Jinfei Ren & Mingming Hu & Peiyu Ren, 2014. "The Dynamic Coordinated Development of a Regional Environment-Tourism-Economy System: A Case Study from Western Hunan Province, China," Sustainability, MDPI, vol. 6(8), pages 1-21, August.
    4. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 2020. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 94-137.
    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. Elżbieta Szaruga & Bartosz Pilecki & Marta Sidorkiewicz, 2023. "The Impact of the COVID-19 Pandemic, Transport Accessibility, and Accommodation Accessibility on the Energy Intensity of Public Tourist Transport," Energies, MDPI, vol. 16(19), pages 1-27, October.
    2. Rafal Rowinski, 2020. "The Impact of the SARS-CoV-2 Virus Epidemic on the Tourism Economy- Negative Effects and Projection of Changes in Tourism Trends," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 638-647.
    3. Arkadiusz Gorski, 2021. "Managing Support for Entrepreneurs during a Pandemic: The Problem of Proper Selection of Those in Need," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 52-61.
    4. James Henry Dunne & Peter Harris & Katherine Kinkela, 2023. "Case Study: Impact of Regulatory Restrictions and Tax Policy on Breakeven Analysis and Risk Management," JRFM, MDPI, vol. 16(3), pages 1-23, March.
    5. Joanna Duda & Anna Wolak-Tuzimek & Lukasz Wojtowicz, 2021. "Competition Instruments Applied by Large Enterprises during the Crisis Triggered by the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 139-151.

    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. George, Ammu & Li, Changtai & Lim, Jing Zhi & Xie, Taojun, 2021. "From SARS to COVID-19: The evolving role of China-ASEAN production network," Economic Modelling, Elsevier, vol. 101(C).
    2. Marco Bottone & Cristina Conflitti & Marianna Riggi & Alex Tagliabracci, 2021. "Firms' inflation expectations and pricing strategies during Covid-19," Questioni di Economia e Finanza (Occasional Papers) 619, Bank of Italy, Economic Research and International Relations Area.
    3. Gervásio Ferreira dos Santos & Luiz Carlos de Santana Ribeiro & Rodrigo Barbosa de Cerqueira, 2020. "The informal sector and Covid‐19 economic impacts: The case of Bahia, Brazil," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(6), pages 1273-1285, December.
    4. Donato Masciandaro, 2020. "Covid-19 Helicopter Money, Monetary Policy And Central Bank Independence: Economics And Politics," BAFFI CAREFIN Working Papers 20137, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    5. D'Orazio, Paola & Dirks, Maximilian W., 2020. "COVID-19 and financial markets: Assessing the impact of the coronavirus on the eurozone," Ruhr Economic Papers 859, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    6. Marco Dueñas & Mercedes Campi & Luis E. Olmos, 2021. "Changes in mobility and socioeconomic conditions during the COVID-19 outbreak," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-10, December.
    7. Severin Reissl & Alessandro Caiani & Francesco Lamperti & Mattia Guerini & Fabio Vanni & Giorgio Fagiolo & Tommaso Ferraresi & Leonardo Ghezzi & Mauro Napoletano & Andrea Roventini, 2022. "Assessing the Economic Impact of Lockdowns in Italy: A Computational Input–Output Approach [Nonlinear Production Networks with an Application to the Covid-19 Crisis]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(2), pages 358-409.
    8. Anna Tokarz-Kocik & Anna Bera & Karolina Drela & Agnieszka Malkowska, 2023. "The Impact of the COVID-19 Pandemic on the Labour Market in the Hotel Industry: Selected Conditions in Poland," Sustainability, MDPI, vol. 15(6), pages 1-15, March.
    9. Torsten Heinrich, 2021. "Epidemics in modern economies," Chemnitz Economic Papers 045, Department of Economics, Chemnitz University of Technology, revised May 2021.
    10. repec:arp:sjefsm:2021:p:64-80 is not listed on IDEAS
    11. Nano Prawoto & Eko Priyo Purnomo & Abitassha Az Zahra, 2020. "The Impacts of Covid-19 Pandemic on Socio-Economic Mobility in Indonesia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 57-71.
    12. Brinca, Pedro & Duarte, Joao B. & Faria-e-Castro, Miguel, 2021. "Measuring labor supply and demand shocks during COVID-19," European Economic Review, Elsevier, vol. 139(C).
    13. Antoine Mandel & Vipin Veetil, 2020. "The Economic Cost of COVID Lockdowns: An Out-of-Equilibrium Analysis," Economics of Disasters and Climate Change, Springer, vol. 4(3), pages 431-451, October.
    14. Marcos Deuñas & Mercedes Campi & Luis Olmos, 2020. "Changes in mobility and socioeconomic conditions in Bogotá city during the COVID-19 outbreak," Working Papers 30, Red Nacional de Investigadores en Economía (RedNIE).
    15. Thomas Gries & Wim Naudé, 2021. "Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures," Economics of Disasters and Climate Change, Springer, vol. 5(3), pages 329-353, October.
    16. Alvaro Espitia & Aaditya Mattoo & Nadia Rocha & Michele Ruta & Deborah Winkler, 2022. "Pandemic trade: COVID‐19, remote work and global value chains," The World Economy, Wiley Blackwell, vol. 45(2), pages 561-589, February.
    17. Mohannad Alkhraijah & Maad Alowaifeer & Mansour Alsaleh & Anas Alfaris & Daniel K. Molzahn, 2021. "The Effects of Social Distancing on Electricity Demand Considering Temperature Dependency," Energies, MDPI, vol. 14(2), pages 1-14, January.
    18. Ka Shing Cheung & Chung Yim Yiu & Chuyi Xiong, 2021. "Housing Market in the Time of Pandemic: A Price Gradient Analysis from the COVID-19 Epicentre in China," JRFM, MDPI, vol. 14(3), pages 1-17, March.
    19. Fabian Stephany & Michael Dunn & Steven Sawyer & Vili Lehdonvirta, 2020. "Distancing Bonus Or Downscaling Loss? The Changing Livelihood of Us Online Workers in Times of COVID‐19," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 111(3), pages 561-573, July.
    20. Adams-Prassl, Abi & Boneva, Teodora & Golin, Marta & Rauh, Christopher, 2022. "Work that can be done from home: evidence on variation within and across occupations and industries," Labour Economics, Elsevier, vol. 74(C).
    21. Sangmin Aum & Sang Yoon (Tim) Lee & Yongseok Shin, 2022. "Who Should Work from Home During a Pandemic? The Wage-Infection Trade-off," Review, Federal Reserve Bank of St. Louis, vol. 104(2), pages 92-109.

    More about this item

    Keywords

    Risk; risk management; tourism; financial instruments; operational instruments; pandemic; COVID-19; European Union.;
    All these keywords.

    JEL classification:

    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • Z30 - Other Special Topics - - Tourism Economics - - - General
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    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:ers:journl:v:xxiii:y:2020:i:4:p:107-122. 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: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    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.