DOEMS-Artículos
URI permanente para esta colecciónhttps://hdl.handle.net/10953/259
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Examinando DOEMS-Artículos por Autor "Durán Román, José Luis"
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Ítem COVID‑19 and tourism sector stock price in Spain: medium‑term relationship through dynamic regression models(Springer, 2023-01-06) Carrillo Hidalgo, Isabel; Pulido Fernández, Juan Ignacio; Durán Román, José Luis; Casado Montilla, JairoThe global pandemic, coronavirus disease 2019 (COVID-19), has significantly affected tourism, especially in Spain, as it was among the first countries to be affected by the pandemic and is among the world’s biggest tourist destinations. Stock market values are responding to the evolution of the pandemic, especially in the case of tourist companies. Therefore, being able to quantify this relationship allows us to predict the effect of the pandemic on shares in the tourism sector, thereby improving the response to the crisis by policymakers and investors. Accordingly, a dynamic regression model was developed to predict the behavior of shares in the Spanish tourism sector according to the evolution of the COVID-19 pandemic in the medium term. It has been confirmed that both the number of deaths and cases are good predictors of abnormal stock prices in the tourism sector.Ítem How to achieve economic development through tourism? Different ways for different economies: A new approach through fuzzy set qualitative comparative análisis(SAGE Publications Inc., 2023-12-23) Durán Román, José Luis; Vena Oya, Julio; Núñez Tabales, Julia Margarita; Rey Carmona, Francisco JoséPolicy makers and tourism investors have a limited vision of how a certain level of tourism development is possible depending on country-specific conditions such as incomes and competitiveness factors. In this context, the aim of this research is to identify different strategies or solutions, based on different drivers of tourism competitiveness, that lead to tourism development in countries with different levels of per capita income. To this end, the Travel & Tourism Development Index will be used to answer the research questions raised. This paper proposes the use of an alternative methodology such as fuzzy set Qualitative Comparative Analysis (fsQCA). As a result, a total of eight different strategies which lead to tourism development have been identified for the different categories considered, identifying the key drivers to achieve such development for the different economies.Ítem Open the doors to tourism or remain cautious: residents’ dilemma amidst a pandemic(Routledge, 2022-03-06) Rey Carmona, Francisco José; Núñez Tabales, Julia Margarita; Durán Román, José Luis; Pulido Fernández, Juan IgnacioDuring a pandemic, residents of tourism destinations face the dilemma of whether to welcome tourists to help the economy rebound or to oppose their arrival to minimize the risk of contagion. This paper examines the influence of residents’ perception of the economic crisis triggered by the pandemic and the health risks associated with tourist arrivals on their attitudes towards tourism impacts and willingness to support tourism development. To this end, a novel model is tested using structural equation modelling (SEM). The potential moderating effect of belonging to certain population groups is also analysed, namely (i) having a household member linked to the tourism sector, (ii) residing in the city centre, and (iii) belonging to a COVID-19 risk group. Perceived risk of contagion was found to be a stronger predictor of residents’ support for tourism development than perception of the economic crisis; an effect that increases notably among residents of the most popular tourist areas of the city. These empirical findings provide useful information with a view to designing destination planning strategies during and after the pandemic.Ítem Tourism stock price and COVID-19: medium-term relationship with passenger transport, hotel, and tour operator subsectors(Routledge Taylor & Francis Group, 2022-11-13) Carrillo Hidalgo, Isabel; Pulido Fernández, Juan Ignacio; López Sánchez, Yaiza; Durán Román, José LuisCOVID-19 has had a devastating effect on tourism in Spain, one of the world’s biggest tourist destinations and also one of the first countries to face the consequences of the pandemic. Tourism stock prices showed high volatility at the beginning of the pandemic. However, we do not yet know whether this relationship has remained throughout the pandemic and the effect it has had on the main subsectors of tourism. Quantifying this relationship in the medium term makes it possible to predict the effect of the pandemic on the tourism sector stock market and to compare the impact on its different subsectors. A dynamic regression model has been developed to predict the stock price of the hotel, passenger transport, and tour operator subsectors in Spain, based on the evolution of COVID-19. Cumulative COVID-19 deaths have been confirmed to be a good predictor of abnormal stock price in the main tourism subsectors, affecting passenger transport more intensely than hotels or tour operators.Ítem Tourist taxation as a sustainability financing mechanism for mass tourism destinations(John Wiley and Sons Ltd, 2022-03-29) Cárdenas García, Pablo Juan; Pulido Fernández, Juan Ignacio; Durán Román, José Luis; Carrillo Hidalgo, IsabelTourism taxation is one of the tools that can effectively contribute to obtaining resources that favor the development of policies to improve sustainability and the tourist experience in the destination. In this context, the objectives of this research are, on the one hand, to identify tourist preferences when offered 15 different taxes and fees, and, on the other hand, to identify which socio-demographic factors and trip characteristics condition the tourist's willingness to pay (WTP) of the five most accepted taxes and fees. This study was carried out in Andalusia, a region in southern Spain with a mass tourism specialization.Ítem Tourists’ willingness to pay to improve sustainability and experience at destination(Elsevier, 2021-01-09) Durán Román, José Luis; Cárdenas García, Pablo Juan; Pulido Fernández, Juan IgnacioConsolidated tourism destinations face certain challenges derived from aspects such as new client demands, growing competition, the problems of overtourism and tourism-phobia, and the modernization of infrastructures. The creation of taxes and/or public fees that affect tourism activities is one potential option for public managers facing these difficulties. The objective of this study is to determine tourists’ willingness to pay in order to increase the income of public managers to create these types of policies. The study was carried out in Andalusia, a region of southern Spain with high rates of tourism, which received some 32.4 million tourists in 2019. A survey was conducted on 1068 tourists at the main tourism arrival points of this region. First, factors influencing the willingness and amount to be paid by each tourist were identified; for this, distinct statistical techniques were used (binary logistic regression and decision trees). Second, the sensitivity of tourism demand was analyzed with regard to the establishment of these types of taxes and public fees, concluding that tourism demand is inelastic in the face of a moderate increase in prices resulting from the creation of taxes and/or public fees.Ítem Willingness to Pay by Tourist Companies for Improving Sustainability and Competitiveness in a Mature Destination(Routledge Taylor & Francis Group, 2022-09-14) Durán Román, José Luis; Pulido Fernández, Juan Ignacio; Rey Carmona, Francisco José; Núñez Tabales, Julia MargaritaSustainability is becoming, in itself, an element of differentiation and competitiveness in tourism markets. However, the transition to sustainable tourism is a difficult task that requires time, money, and the willingness of stakeholders. The aim of this research is to estimate which factors explain tourism companies’ willingness to pay (WTP) the most widely accepted tax instruments, which can be used to finance subsequent policy development related to the sustainability of the destination. The factors that influence WTP of the most accepted instruments are also identified through a logistic regression model. The study was carried out in Andalusia, a popular tourist region in Spain. To this end, a survey was carried out of 916 tourism companies. The results obtained show that the factors that influence tourism companies’ willingness to pay are: commercial activity, business size, and annual turnover. In addition, taxes related to environmental protection generate greater WTP among tourism companies.