Sentiment, mood and outbound tourism demand

被引：109

作者：

Dragouni, Mina ^{[1
]}

Filis, George ^{[2
]}

Gavriilidis, Konstantinos ^{[3
]}

Santamaria, Daniel ^{[4
]}

机构：

[1] UCL, London WC1E 6BT, England

[2] Bournemouth Univ, Poole BH12 5BB, Dorset, England

[3] Univ Stirling, Stirling FK9 4LA, Scotland

[4] Canterbury Christ Church Univ, Sch Business, Canterbury, Kent, England

来源：

ANNALS OF TOURISM RESEARCH | 2016年 / 60卷

关键词：

Sentiment; Mood; Spillover effects; Economic crisis; Economic policy uncertainty; US; AUSTRALIAN DOMESTIC TOURISM; ECONOMIC-POLICY UNCERTAINTY; CONSUMER SENTIMENT; INTERNATIONAL TOURISM; STOCK RETURNS; VOLATILITY SPILLOVERS; BUSINESS-CYCLE; OIL PRICES; IMPACT; CONSUMPTION;

D O I：

10.1016/j.annals.2016.06.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate spillover effects from sentiment and mood shocks on US outbound tourism demand from 1996 until 2013. We use the Index of Consumer Sentiment and Economic Policy Uncertainty Index as proxies for sentiment and the S&P500 as a proxy for mood. We find a moderate to high interrelationship among sentiment, mood and outbound tourism demand. More importantly, sentiment and mood indicators are net transmitters of spillover shocks to outbound tourism demand. The magnitude of spillover effects sourced by sentiment and mood is time varying and depends on certain socio-economic and environmental events. Our results have important implications for policymakers and travel agents in their efforts to predict tourism arrivals from key origin countries and to plan their tourism strategy. (C) 2016 Elsevier Ltd. All rights reserved.

引用

页码：80 / 96

页数：17

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