Mengyao Ren , Yang Xu , Sangwon Park , Xiao Huang , Mengqi Sun , Jizhe Xia , Sun-Young Koh
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引用次数: 0
Abstract
Leveraging large-scale transaction data, this study quantifies the impact of COVID-19 and policy responses on the spending behavior of both residents and domestic inbound travelers in Jeju, Korea. Findings reveal that both local and national COVID-19 situations significantly affected the spending behavior of both groups. Residents were more sensitive to local cases, while travelers were equally affected by local and national cases. Social distancing minimally impacted resident spending but caused over 20 % reductions in traveler spending. Stimulus payments boosted spending by over 10 % for residents without diminishing the effects of social distancing. Despite the overall benefit of these combined policies, certain economic sectors benefited notably while others suffered, thus leaving them with varying fates during and after the pandemic.
期刊介绍：
The Annals of Tourism Research is a scholarly journal that focuses on academic perspectives related to tourism. The journal defines tourism as a global economic activity that involves travel behavior, management and marketing activities of service industries catering to consumer demand, the effects of tourism on communities, and policy and governance at local, national, and international levels. While the journal aims to strike a balance between theory and application, its primary focus is on developing theoretical constructs that bridge the gap between business and the social and behavioral sciences. The disciplinary areas covered in the journal include, but are not limited to, service industries management, marketing science, consumer marketing, decision-making and behavior, business ethics, economics and forecasting, environment, geography and development, education and knowledge development, political science and administration, consumer-focused psychology, and anthropology and sociology.
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