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Weather uncertainty effect on tourism demand

Author

Listed:
  • Chiang-Ming Chen

    (National Chi Nan University, Taiwan)

  • Yu-Chen Lin

    (Soochow University, Taiwan)

  • Eldon Y. Li

    (National Chengchi University, Taiwan)

  • Chia-Chang Liu

    (National Chengchi University, Taiwan)

Abstract

Despite the existence of several weather studies in the tourism literature, there remain some gaps in knowledge. Uncertainty about weather conditions persists despite the impressive improvements in modern forecasting techniques. This study is a first attempt to investigate how weather uncertainty affects tourism demand. The findings indicate that the impact of weather on tourism demand is likely to grow with the increasingly “uncertain†nature of weather with regard, for example, to temperature and rain.

Suggested Citation

  • Chiang-Ming Chen & Yu-Chen Lin & Eldon Y. Li & Chia-Chang Liu, 2017. "Weather uncertainty effect on tourism demand," Tourism Economics, , vol. 23(2), pages 469-474, March.
    • Handle: RePEc:sae:toueco:v:23:y:2017:i:2:p:469-474
    DOI: 10.5367/te.2015.0513
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    References listed on IDEAS

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    1. Tim Taylor & Ramon Arigoni Ortiz, 2009. "Impacts of Climate Change on Domestic Tourism in the UK: A Panel Data Estimation," Tourism Economics, , vol. 15(4), pages 803-812, December.
    2. Witt, Stephen F. & Witt, Christine A., 1995. "Forecasting tourism demand: A review of empirical research," International Journal of Forecasting, Elsevier, vol. 11(3), pages 447-475, September.
    3. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    Cited by:

    1. Andrea Martínez Salgueiro & Maria-Antonia Tarrazon-Rodon, 2021. "Weather derivatives to mitigate meteorological risks in tourism management: An empirical application to celebrations of Comunidad Valenciana (Spain)," Tourism Economics, , vol. 27(4), pages 591-613, June.
    2. Chien Mu Yeh, 2020. "The influence of foreign institutional investors, institutional directors, and the share pledge ratio of directors on financial performance of tourism firms," Tourism Economics, , vol. 26(1), pages 179-201, February.

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