Consumer spending during COVID-19 in a tourism city

IF 10.4 1区 管理学 Q1 HOSPITALITY, LEISURE, SPORT & TOURISM
Mengyao Ren , Yang Xu , Sangwon Park , Xiao Huang , Mengqi Sun , Jizhe Xia , Sun-Young Koh
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引用次数: 0

Abstract

Leveraging large-scale transaction data, this study quantifies the impact of COVID-19 and policy responses on the spending behavior of both residents and domestic inbound travelers in Jeju, Korea. Findings reveal that both local and national COVID-19 situations significantly affected the spending behavior of both groups. Residents were more sensitive to local cases, while travelers were equally affected by local and national cases. Social distancing minimally impacted resident spending but caused over 20 % reductions in traveler spending. Stimulus payments boosted spending by over 10 % for residents without diminishing the effects of social distancing. Despite the overall benefit of these combined policies, certain economic sectors benefited notably while others suffered, thus leaving them with varying fates during and after the pandemic.
某旅游城市在 COVID-19 期间的消费情况
本研究利用大规模交易数据,量化了 COVID-19 和政策应对措施对韩国济州岛居民和国内入境游客消费行为的影响。研究结果表明,当地和全国的 COVID-19 情况都会显著影响这两个群体的消费行为。居民对本地情况更为敏感,而旅行者受本地和全国情况的影响相同。社会疏远对居民消费的影响微乎其微,但却导致旅行者消费减少 20% 以上。刺激性付款使居民消费增加了 10%以上,但并未减少社会疏远的影响。尽管这些综合政策带来了整体利益,但某些经济部门明显受益,而其他部门则受到影响,因此在大流行期间和之后,这些部门的命运各不相同。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
19.10
自引率
9.10%
发文量
135
审稿时长
42 days
期刊介绍: The Annals of Tourism Research is a scholarly journal that focuses on academic perspectives related to tourism. The journal defines tourism as a global economic activity that involves travel behavior, management and marketing activities of service industries catering to consumer demand, the effects of tourism on communities, and policy and governance at local, national, and international levels. While the journal aims to strike a balance between theory and application, its primary focus is on developing theoretical constructs that bridge the gap between business and the social and behavioral sciences. The disciplinary areas covered in the journal include, but are not limited to, service industries management, marketing science, consumer marketing, decision-making and behavior, business ethics, economics and forecasting, environment, geography and development, education and knowledge development, political science and administration, consumer-focused psychology, and anthropology and sociology.
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