Spatial spillovers of agglomeration economies and productivity in the tourism industry: The case of the UK
By Yoo Ri Kim, Allan M. Williams, Sangwon Park, Jason Li Chen. 2021
196 citations recorded by the source corpus.
Abstract This research investigates the direct and (indirect) spatial spillover effects of agglomeration economies on the productivity of the tourism industry. With increasing concerns about the persistence of low (labour) productivity in tourism across many developed economies, there is an urgent need to address this productivity challenge. Using major under-exploited UK microeconomic panel data, spatial econometric modelling is employed to estimate the effects of agglomeration economies on productivity. Findings reveal the significant effects of agglomeration economies on productivity within a specific region, but also significant spatial spillover effects across neighbouring regions, suggesting the possibility of productivity convergences. Competitive and complementary effects of agglomeration economies on productivity are identified.
Subfields: Economics and Econometrics, Sociology and Political Science, Urban Studies
View Paper: https://www.semanticscholar.org/paper/d61cd1664750b28edac7bd1958bd76a52b5cece2
Citations in the corpus
- Spatial network structure of the tourism economy in urban agglomeration: A social network analysis (2021, unknown): “Specifically, the spatial network structure of the tourism economy could hasten the flow of tourism economic factors in tourist destinations, including the capital, technology, talents, and information, through spillover effect and irradiation effect (Kim, Williams, Park, & Chen, 2021).”