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Mitigating Risk of the Tourism Sector in the European Union Member States During the COVID-19 Pandemic

Author

Listed:
  • Anna Bera
  • Karolina Drela
  • Agnieszka Malkowska
  • Anna Tokarz-Kocik

Abstract

Purpose: The article presents, in a multidimensional perspective, the instruments applied in EU member states to mitigate the effects of the COVID-19 pandemic in the tourism sector. Design/Methodology/Approach: Research conducted in the article was based on secondary data. Research methods applied in the paper include critical review of literature, method of comparative analysis and secondary data analysis. Findings: The outcome of the article is the identification of actions undertaken in EU member states to support the tourism sector and original elaboration on the scheme of instruments used by EU authorities and countries in order to limit the epidemic risk in tourism. Practical Implications: The analysis and evaluation carried out in the article demonstrated that risk management in EU member states’ tourist sectors at the time of pandemic requires integrated protective measures. The results may be used to develop a long-term strategy for the EU’s tourism sector and programmes for prevention of crisis outcomes in other sectors of the economy as well. Originality/value: In the perspective presented herein, issues related to the epidemic risk in the tourism sector, discussed in the article, have not been the subject of scientific analyses in domestic or foreign literature.

Suggested Citation

  • Anna Bera & Karolina Drela & Agnieszka Malkowska & Anna Tokarz-Kocik, 2020. "Mitigating Risk of the Tourism Sector in the European Union Member States During the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 107-122.
    • Handle: RePEc:ers:journl:v:xxiii:y:2020:i:4:p:107-122
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    References listed on IDEAS

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    1. Yaoqing Yuan & Maozhu Jin & Jinfei Ren & Mingming Hu & Peiyu Ren, 2014. "The Dynamic Coordinated Development of a Regional Environment-Tourism-Economy System: A Case Study from Western Hunan Province, China," Sustainability, MDPI, vol. 6(8), pages 1-21, August.
    2. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 2020. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 94-137.
    3. Mitsuhiro Inamura & Jonathan Rushton & Jesús Antón, 2015. "Risk Management of Outbreaks of Livestock Diseases," OECD Food, Agriculture and Fisheries Papers 91, OECD Publishing.
    4. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 0. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press, vol. 36(Supplemen), pages 94-137.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Rafal Rowinski, 2020. "The Impact of the SARS-CoV-2 Virus Epidemic on the Tourism Economy- Negative Effects and Projection of Changes in Tourism Trends," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 638-647.
    2. James Henry Dunne & Peter Harris & Katherine Kinkela, 2023. "Case Study: Impact of Regulatory Restrictions and Tax Policy on Breakeven Analysis and Risk Management," JRFM, MDPI, vol. 16(3), pages 1-23, March.
    3. Joanna Duda & Anna Wolak-Tuzimek & Lukasz Wojtowicz, 2021. "Competition Instruments Applied by Large Enterprises during the Crisis Triggered by the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 139-151.
    4. Arkadiusz Gorski, 2021. "Managing Support for Entrepreneurs during a Pandemic: The Problem of Proper Selection of Those in Need," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 52-61.
    5. Elżbieta Szaruga & Bartosz Pilecki & Marta Sidorkiewicz, 2023. "The Impact of the COVID-19 Pandemic, Transport Accessibility, and Accommodation Accessibility on the Energy Intensity of Public Tourist Transport," Energies, MDPI, vol. 16(19), pages 1-27, October.

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    More about this item

    Keywords

    Risk; risk management; tourism; financial instruments; operational instruments; pandemic; COVID-19; European Union.;
    All these keywords.

    JEL classification:

    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • Z30 - Other Special Topics - - Tourism Economics - - - General
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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