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Did 9/11 Change the New York State of Mind? Lessons from NYC's Leisure and Hospitality Labour Market

Author

Listed:
  • Rebecca LeFebvre

    (Program of International Conflict Management, Kennesaw State University, 1000 Chastain Road, Kennesaw, GA 30144, USA)

  • Marcus Marktanner

    (Coles College of Business and PhD Program in International Conflict Management, Kennesaw State University, 1000 Chastain Road, Kennesaw, GA 30144, USA)

Abstract

The authors show that the terrorist attacks of September 11, 2001 caused a permanent structural break in NYC's leisure and hospitality labour market. This structural break is visible from both an interrupted time-series perspective and a comparison with NYC's overall economic development. Assuming that the labour market dynamics of the leisure and hospitality industry mirror a city's feel in the hedonism–asceticism spectrum, the authors conclude that the 9/11 terrorist attacks have permanently shifted ‘New York's state of mind’ from hedonism towards asceticism. These results suggest that greater attention must be given to the formulation of effective industry marketing strategies in response to the legacy of urban terrorism.

Suggested Citation

  • Rebecca LeFebvre & Marcus Marktanner, 2014. "Did 9/11 Change the New York State of Mind? Lessons from NYC's Leisure and Hospitality Labour Market," Tourism Economics, , vol. 20(4), pages 831-848, August.
    • Handle: RePEc:sae:toueco:v:20:y:2014:i:4:p:831-848
    DOI: 10.5367/te.2013.030
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    References listed on IDEAS

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    1. Jason Bram & James A. Orr & Carol Rapaport, 2002. "Measuring the effects of the September 11 attack on New York City," Economic Policy Review, Federal Reserve Bank of New York, vol. 8(Nov), pages 5-20.
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