{"id":123898,"date":"2024-01-23T08:49:21","date_gmt":"2024-01-23T07:49:21","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/123898\/"},"modified":"2024-11-07T05:29:50","modified_gmt":"2024-11-07T04:29:50","slug":"does-having-the-right-visitor-mix-do-the-job-applying-an-econometric-shift-share-model-to-regional-tourism-developments","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/123898\/","title":{"rendered":"Does Having the Right Visitor Mix Do the Job? Applying an Econometric Shift-share Model to Regional Tourism Developments"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-123898","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"This paper is the first to apply an econometric shift-share model to tourism. The approach allows us to isolate the growth contributions of changes in regional touristic attractiveness from those induced by the structure of visitors, but does not share the caveats of the conventional shift-share approach. Our application to regional tourism in Austria reveals important results: First, differences in long-run performance between regions are mostly related to idiosyncratic changes in the tourist appeal of individual regions rather than a result of more or less favourable structures of visitors. Second, none of several mega-events during the period observed seem to have left prolonged positive effects on the tourism performance of the host regions. And third, performance appears uncorrelated with tourism intensity of a region. Thus, from a policy and destination management perspective, tourism authorities and local suppliers should mainly focus on upgrading the permanent destination attractiveness rather than investing too much effort into landing mega-events or targeting the visitor mix towards promising source markets.","onlinedate":"2016-05-04 12:00:00","lang":"English","publication_series":"","publication_date":"20160501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"30","keywords":"[\"Austria\",\"regional performance\",\"service exports\",\"shift-share regression analysis\",\"tourism developments\",\"visitor portfolio\"]","jelcodes":"[]","related_publications":"[]","pdf":363037,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"517","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2016-05-04 12:00:00","types":[44410],"research_groups":[3481],"collaboration":"","persons":[3724,3769],"persons_data":"[{\"personId\":3724,\"personName\":\"Matthias Firgo\",\"organisationNames\":[]},{\"personId\":3769,\"personName\":\"Oliver Fritz\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Firgo, M.<\\\/span><span>, &amp; Fritz, O.<\\\/span> (2016). <span>Does Having the Right Visitor Mix Do the Job? Applying an Econometric Shift-share Model to Regional Tourism Developments<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (517). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/58809\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/58809<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Firgo M<\\\/span><span>, Fritz O<\\\/span>. <span class=\\\"title\\\"><span>Does Having the Right Visitor Mix Do the Job? Applying an Econometric Shift-share Model to Regional Tourism Developments<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2016 May;(517).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{621ea5a13ca04dd7838603a738e25ca9,<\\\/div><div>  title    = \\\"Does Having the Right Visitor Mix Do the Job? Applying an Econometric Shift-share Model to Regional Tourism Developments\\\",<\\\/div><div>  abstract = \\\"This paper is the first to apply an econometric shift-share model to tourism. The approach allows us to isolate the growth contributions of changes in regional touristic attractiveness from those induced by the structure of visitors, but does not share the caveats of the conventional shift-share approach. Our application to regional tourism in Austria reveals important results: First, differences in long-run performance between regions are mostly related to idiosyncratic changes in the tourist appeal of individual regions rather than a result of more or less favourable structures of visitors. Second, none of several mega-events during the period observed seem to have left prolonged positive effects on the tourism performance of the host regions. And third, performance appears uncorrelated with tourism intensity of a region. Thus, from a policy and destination management perspective, tourism authorities and local suppliers should mainly focus on upgrading the permanent destination attractiveness rather than investing too much effort into landing mega-events or targeting the visitor mix towards promising source markets.\\\",<\\\/div><div>  keywords = \\\"Austria, regional performance, service exports, shift-share regression analysis, tourism developments, visitor portfolio, Austria, regional performance, service exports, shift-share regression analysis, tourism developments, visitor portfolio\\\",<\\\/div><div>  author   = \\\"Matthias Firgo and Oliver Fritz\\\",<\\\/div><div>  note     = \\\"Does Having the Right Visitor Mix Do the Job?\\\",<\\\/div><div>  year     = \\\"2016\\\",<\\\/div><div>  month    = may,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Does Having the Right Visitor Mix Do the Job? Applying an Econometric Shift-share Model to Regional Tourism Developments<\\\/p><p>AU  - Firgo, Matthias<\\\/p><p>AU  - Fritz, Oliver<\\\/p><p>N1  - Does Having the Right Visitor Mix Do the Job?<\\\/p><p>PY  - 2016\\\/5<\\\/p><p>Y1  - 2016\\\/5<\\\/p><p>N2  - This paper is the first to apply an econometric shift-share model to tourism. The approach allows us to isolate the growth contributions of changes in regional touristic attractiveness from those induced by the structure of visitors, but does not share the caveats of the conventional shift-share approach. Our application to regional tourism in Austria reveals important results: First, differences in long-run performance between regions are mostly related to idiosyncratic changes in the tourist appeal of individual regions rather than a result of more or less favourable structures of visitors. Second, none of several mega-events during the period observed seem to have left prolonged positive effects on the tourism performance of the host regions. And third, performance appears uncorrelated with tourism intensity of a region. Thus, from a policy and destination management perspective, tourism authorities and local suppliers should mainly focus on upgrading the permanent destination attractiveness rather than investing too much effort into landing mega-events or targeting the visitor mix towards promising source markets.<\\\/p><p>AB  - This paper is the first to apply an econometric shift-share model to tourism. The approach allows us to isolate the growth contributions of changes in regional touristic attractiveness from those induced by the structure of visitors, but does not share the caveats of the conventional shift-share approach. Our application to regional tourism in Austria reveals important results: First, differences in long-run performance between regions are mostly related to idiosyncratic changes in the tourist appeal of individual regions rather than a result of more or less favourable structures of visitors. Second, none of several mega-events during the period observed seem to have left prolonged positive effects on the tourism performance of the host regions. And third, performance appears uncorrelated with tourism intensity of a region. Thus, from a policy and destination management perspective, tourism authorities and local suppliers should mainly focus on upgrading the permanent destination attractiveness rather than investing too much effort into landing mega-events or targeting the visitor mix towards promising source markets.<\\\/p><p>KW  - Austria<\\\/p><p>KW  - regional performance<\\\/p><p>KW  - service exports<\\\/p><p>KW  - shift-share regression analysis<\\\/p><p>KW  - tourism developments<\\\/p><p>KW  - visitor portfolio<\\\/p><p>KW  - Austria<\\\/p><p>KW  - regional performance<\\\/p><p>KW  - service exports<\\\/p><p>KW  - shift-share regression analysis<\\\/p><p>KW  - tourism developments<\\\/p><p>KW  - visitor portfolio<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Does Having the Right Visitor Mix Do the Job? 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