Competitive landscape: are tourism sectors different? Why does it matter?
This study advances empirical knowledge of tourism as an economic sector, from an economics and supply-side perspective. It studies the competitive landscape of tourism sectors in Portugal, based upon a rich, firm level database, of over 3,000,000 observations, over the period of nine years, from 20...
Gorde:
| Argitaratua izan da: | URI:https://journals.openedition.org/rei, |
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| Egile Nagusiak: | , |
| Formatua: | Article ou chapitre numérique |
| Hizkuntza: | Anglais |
| Argitaratua: |
Revue d’économie industrielle
2019
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| Gaiak: | |
| Sarrera elektronikoa: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |
| Gaia: | This study advances empirical knowledge of tourism as an economic sector, from an economics and supply-side perspective. It studies the competitive landscape of tourism sectors in Portugal, based upon a rich, firm level database, of over 3,000,000 observations, over the period of nine years, from 2006 to 2014 (over 300,000 firms per year). The results show a lower level of concentration, and consequently a higher level of competition, just in some sectors of the tourism industry, hence the need to take into account sub-sector specificities when analysing a competitive landscape. The results for Portugal show that tourism as a sector may have contributed to the economic recovery from the financial crisis that began in 2008; but tourism growth should not blur the need to care for efficiency or financial soundness. Managerial and policy implications are derived from our research. |
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