Tourism development and residents’ well-being: Analysis of top ten tourist destinations using quantile-on-quantile approach

IF 8.9 2区 管理学 Q1 HOSPITALITY, LEISURE, SPORT & TOURISM
Shasha Li , Yixin Sun
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引用次数: 0

Abstract

The present paper investigates the relationship between tourism development and residents' well-being in the top ten tourist destinations utilizing monthly data from 2007 to 2019. The novel quantile-on-quantile (QQ) regression approach introduced by Sim and Zhou is employed for this research, which offers an ideal framework for capturing the overall dependence structure between tourism and residents' well-being. The outcomes reveal that tourism development exhibits a positive influence on residents' well-being for France, Italy, Germany, Russia, and Spain across most of the quantiles, while tourism development negatively affects residents' well-being for Turkey and the UK in the majority of the quantiles. The study also finds that China, Mexico, and the US produce the mixed (positive and negative) effects of tourism development on residents' well-being in the majority of the quantiles. Furthermore, there are substantial variations throughout nations and across quantiles of tourism development and residents' well-being within each nation. Additionally, the results of Granger causality in quantiles validate the bidirectional causal association between tourism development and residents’ well-being for all selected nations. This paper concludes with a discussion of the implications for theory and practice.
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来源期刊
CiteScore
18.60
自引率
3.60%
发文量
46
审稿时长
43 days
期刊介绍: The Journal of Destination Marketing & Management (JDMM) is an international journal that focuses on the study of tourist destinations, specifically their marketing and management. It aims to provide a critical understanding of all aspects of destination marketing and management, considering their unique contexts in terms of policy, planning, economics, geography, and history. The journal seeks to develop a strong theoretical foundation in this field by incorporating knowledge from various disciplinary approaches. Additionally, JDMM aims to promote critical thinking and innovation in destination marketing and management, expand the boundaries of knowledge, and serve as a platform for international idea exchange.
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