Hotels' occupancy rates and convergence: Empirical evidence from the first pandemic wave

被引：3

作者：

Polemis, Michael L. ^{[1
,2
,3
]}

Tzeremes, Panayiotis ^{[4
]}

Tzeremes, Nickolaos G. ^{[1
,5
]}

机构：

[1] Univ Piraeus, Dept Econ, Piraeus, Greece

[2] Hellen Competit Commiss, Athens, Greece

[3] Hellen Open Univ, Patras, Greece

[4] Univ Thessaly, Dept Accounting & Finance, Larisa, Greece

[5] Univ Thessaly, Dept Econ, 28th October St 78, Volos 38221, Greece

来源：

TOURISM ECONOMICS | 2023年 / 29卷 / 02期

关键词：

occupancy rates; club convergence; COVID-19; transition paths; US states; TOURISM;

D O I：

10.1177/13548166211049871

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The scope of this study is to unravel possible convergence clubs regarding the occupancy rates of the hotel industry in the US states in the aftermath of the first COVID-19 pandemic wave. For this reason, the underlying paper resorts to the application of the generic convergence algorithm developed in Phillips and Sul (2007) for a sample of 50 US states over the daily period ranging from 01.12.2019 to 26.07.2020. The empirical analysis supports the identification of two primary convergence clubs consisting of an equally distributed number of regions (states). However, the two clubs can be merged into one after the implementation of the Phillips and Sul (2009) methodology, revealing that the first pandemic wave has eliminated any distinct (economic) characteristic between the different US states.JEL codes: L10, L80, R10 .

引用

页码：533 / 542

页数：10

共 50 条

[31] Testing the impact of financial inclusion on income convergence: Empirical evidence from Nigeria
Ibrahim, Saifullahi Sani
Aliero, Haruna Mohammad
AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT, 2020, 32 (01): : 42 - 54
[32] Regional income convergence in an emerging Asian economy: empirical evidence from Vietnam
Bentzen, Jan
Tung, Le Thanh
POST-COMMUNIST ECONOMIES, 2021, 33 (01) : 64 - 78
[33] Convergence in the Tourism Sector at the Local Level: Empirical Evidence from the EU Regions
Prochniak, Mariusz
Oplotnik, Zan Jan
Vojinovic, Borut
LEX LOCALIS-JOURNAL OF LOCAL SELF-GOVERNMENT, 2016, 14 (03): : 559 - 574
[34] Are Bilateral Real Exchange Rates Stationary? Empirical Evidence from Nigeria
Aworinde, Olalekan Bashir
ECONOMICS BULLETIN, 2014, 34 (01): : 271 - 286
[35] THE FIRST "WAVE" OF THE CORONAVIRUS PANDEMIC AS EVIDENCE OF A "STRANGE" ATTRACTOR IN THE RUSSIAN SEGMENT OF THE MEDIA SPACE
Yefanov, Alexander A.
VESTNIK MOSKOVSKOGO UNIVERSITETA. SERIYA 10. ZHURNALISTIKA, 2022, (06): : 149 - 177
[36] Nonlinear convergence in Asian interest and inflation rates: Evidence from Asian countries
Kisswani K.M.
Nusair S.A.
Economic Change and Restructuring, 2014, 47 (3) : 155 - 186
[37] E-learning intention of students with anxiety: Evidence from the first wave of COVID-19 pandemic in China
Hu, Xuan
Zhang, Jiaqi
He, Shuang
Zhu, Ruilin
Shen, Shan
Liu, Bingsheng
JOURNAL OF AFFECTIVE DISORDERS, 2022, 309 : 115 - 122
[38] Key preferences of tourists during COVID-19 pandemic in luxury hotels: Evidence from qualitative data
Kajla, Tanveer
Raj, Sahil
Sharma, Sharad
Joshi, Mahesh
Kaur, Amanpreet
TOURISM AND HOSPITALITY RESEARCH, 2022, 22 (04) : 473 - 487
[39] Learning from the First Wave of the Pandemic in England, Wales, and Northern Ireland
Pilcher, David
Durie, Matthew
AMERICAN JOURNAL OF RESPIRATORY AND CRITICAL CARE MEDICINE, 2021, 203 (05) : 532 - 534
[40] Shocks to Hospital Occupancy and Mortality: Evidence from the 2009 H1N1 Pandemic
Gutierrez, Emilio
Rubli, Adrian
MANAGEMENT SCIENCE, 2021, 67 (09) : 5943 - 5952

← 1 2 3 4 5 →