Seasonality and the contribution of markets: Comparing methods. (July 2022)
- Record Type:
- Journal Article
- Title:
- Seasonality and the contribution of markets: Comparing methods. (July 2022)
- Main Title:
- Seasonality and the contribution of markets: Comparing methods
- Authors:
- Duro, Juan Antonio
Turrión-Prats, Judith - Abstract:
- Abstract: This paper examines alternative methods of decomposing the seasonality of tourism by market. We undertake an analysis that compares the well-known techniques of Lerman and Yitzhaki (1985) and of Shorrocks (1982), and which also uses the Shapley value (1953) in a novel manner. The lack of a single approach makes it important to validate the results using the three different approaches to ensure that the current research provides solid tools for the public and private sectors to apply efficient promotion policies, differentiating products and prices, thus mitigating the effects of seasonality. An application is then undertaken for the case of Catalonia and its four provinces, over the period 2006–2017. Some interesting results emerge: one, the above three techniques provide similar results, thus increasing the robustness of the findings (the method of Lerman and Yitzhaki (1985) being especially attractive given its formulation); two, the analysis for this tourist region of Span suggests that market strategies should be focused on—although in different ways—the domestic market, the most important international markets (typically, the French and British), and on those markets which make negative marginal contributions to seasonality (for example, the Italian). Highlights: The benefits of tourist activity must be distributed over time and place. The results show the importance of disaggregating Catalonia in its four provinces. The results were validated using threeAbstract: This paper examines alternative methods of decomposing the seasonality of tourism by market. We undertake an analysis that compares the well-known techniques of Lerman and Yitzhaki (1985) and of Shorrocks (1982), and which also uses the Shapley value (1953) in a novel manner. The lack of a single approach makes it important to validate the results using the three different approaches to ensure that the current research provides solid tools for the public and private sectors to apply efficient promotion policies, differentiating products and prices, thus mitigating the effects of seasonality. An application is then undertaken for the case of Catalonia and its four provinces, over the period 2006–2017. Some interesting results emerge: one, the above three techniques provide similar results, thus increasing the robustness of the findings (the method of Lerman and Yitzhaki (1985) being especially attractive given its formulation); two, the analysis for this tourist region of Span suggests that market strategies should be focused on—although in different ways—the domestic market, the most important international markets (typically, the French and British), and on those markets which make negative marginal contributions to seasonality (for example, the Italian). Highlights: The benefits of tourist activity must be distributed over time and place. The results show the importance of disaggregating Catalonia in its four provinces. The results were validated using three seasonal tourism decomposition methods. … (more)
- Is Part Of:
- Tourism management perspectives. Volume 43(2022)
- Journal:
- Tourism management perspectives
- Issue:
- Volume 43(2022)
- Issue Display:
- Volume 43, Issue 2022 (2022)
- Year:
- 2022
- Volume:
- 43
- Issue:
- 2022
- Issue Sort Value:
- 2022-0043-2022-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-07
- Subjects:
- Tourist seasonality -- Gini index -- Decomposition analysis -- Catalonia
Tourism -- Periodicals
338.4791 - Journal URLs:
- http://www.sciencedirect.com/science/journal/22119736 ↗
http://www.sciencedirect.com/ ↗ - DOI:
- 10.1016/j.tmp.2022.100987 ↗
- Languages:
- English
- ISSNs:
- 2211-9736
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 23308.xml