Sectoral productivity and destination competitiveness

Haiyan Song; Eden Jiao; Sangwon Park; Jiangping (Virginia) Lu

doi:10.1016/j.annals.2023.103645

Sectoral productivity and destination competitiveness

Haiyan Song, Eden Jiao, Sangwon Park, Jiangping (Virginia) Lu

Research output: Journal article publication › Journal article › Academic research › peer-review

4 Citations (Scopus)

Abstract

To improve the quality of life of destination communities in the context of an expanding global economy, tourist destinations must sharpen their competitive advantages through increased productivity. In this study, we investigate the effect of sectoral productivity on destination competitiveness, using Hong Kong as an example. The competitiveness of a destination is measured by tourism-contributed quality of life relative to that of competing destinations. An autoregressive distributed lag model with error correction mechanism is used to model the relationship between destination competitiveness and various sectoral productivities. The productivity effects of several related sectors are identified through an empirical econometric analysis and the results show that destination competitiveness is more dependent on the productivities of core tourism sectors than those of other sectors.

Original language	English
Article number	103645
Journal	Annals of Tourism Research
Volume	103
Early online date	15 Sept 2023
DOIs	https://doi.org/10.1016/j.annals.2023.103645
Publication status	Published - Nov 2023

Keywords

Benchmark
Destination competitiveness
Economic restructuring
Productivity
Quality of life

ASJC Scopus subject areas

Business and International Management
Development
Tourism, Leisure and Hospitality Management
Marketing

More information

10.1016/j.annals.2023.103645

http://hdl.handle.net/10397/107404

Cite this

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title = "Sectoral productivity and destination competitiveness",

abstract = "To improve the quality of life of destination communities in the context of an expanding global economy, tourist destinations must sharpen their competitive advantages through increased productivity. In this study, we investigate the effect of sectoral productivity on destination competitiveness, using Hong Kong as an example. The competitiveness of a destination is measured by tourism-contributed quality of life relative to that of competing destinations. An autoregressive distributed lag model with error correction mechanism is used to model the relationship between destination competitiveness and various sectoral productivities. The productivity effects of several related sectors are identified through an empirical econometric analysis and the results show that destination competitiveness is more dependent on the productivities of core tourism sectors than those of other sectors.",

keywords = "Benchmark, Destination competitiveness, Economic restructuring, Productivity, Quality of life",

author = "Haiyan Song and Eden Jiao and Sangwon Park and Lu, {Jiangping (Virginia)}",

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AU - Song, Haiyan

AU - Jiao, Eden

AU - Park, Sangwon

AU - Lu, Jiangping (Virginia)

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N2 - To improve the quality of life of destination communities in the context of an expanding global economy, tourist destinations must sharpen their competitive advantages through increased productivity. In this study, we investigate the effect of sectoral productivity on destination competitiveness, using Hong Kong as an example. The competitiveness of a destination is measured by tourism-contributed quality of life relative to that of competing destinations. An autoregressive distributed lag model with error correction mechanism is used to model the relationship between destination competitiveness and various sectoral productivities. The productivity effects of several related sectors are identified through an empirical econometric analysis and the results show that destination competitiveness is more dependent on the productivities of core tourism sectors than those of other sectors.

AB - To improve the quality of life of destination communities in the context of an expanding global economy, tourist destinations must sharpen their competitive advantages through increased productivity. In this study, we investigate the effect of sectoral productivity on destination competitiveness, using Hong Kong as an example. The competitiveness of a destination is measured by tourism-contributed quality of life relative to that of competing destinations. An autoregressive distributed lag model with error correction mechanism is used to model the relationship between destination competitiveness and various sectoral productivities. The productivity effects of several related sectors are identified through an empirical econometric analysis and the results show that destination competitiveness is more dependent on the productivities of core tourism sectors than those of other sectors.

KW - Benchmark

KW - Destination competitiveness

KW - Economic restructuring

KW - Productivity

KW - Quality of life

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DO - 10.1016/j.annals.2023.103645

M3 - Journal article

AN - SCOPUS:85171437228

SN - 0160-7383

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JO - Annals of Tourism Research

JF - Annals of Tourism Research

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ER -

Sectoral productivity and destination competitiveness

Abstract

Keywords

ASJC Scopus subject areas

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