In this book, Andrew Harvey sets out to provide a unified and comprehensive theory of structural time series models. Unlike the traditional ARIMA models, structural time series models consist explicitly of unobserved components, such as trends and seasonals, which have a direct interpretation. As a result the model selection methodology associated with structural models is much closer to econometric methodology. The link with econometrics is made even closer by the natural way in which the models can be extended to include explanatory variables and to cope with multivariate time series. From the technical point of view, state space models and the Kalman filter play a key role in the statistical treatment of structural time series models. The book includes a detailed treatment of the Kalman filter. This technique was originally developed in control engineering, but is becoming increasingly important in fields such as economics and operations research. This book is concerned primarily with modelling economic and social time series, and with addressing the special problems which the treatment of such series poses. The properties of the models and the methodological techniques used to select them are illustrated with various applications. These range from the modellling of trends and cycles in US macroeconomic time series to to an evaluation of the effects of seat belt legislation in the UK.

Forecasting, Structural Time Series Models and the Kalman Filter

As the title of this book identifies clearly, the authors combine the concepts of competitiveness and sustainability, which some may feel are difficult to reconcile, to provide guidance to enhance the management of tourism destinations. The contents of this book are not novel for it does not contain new insights on the topics that are covered or fresh case studies. However, it is innovative in that it introduces, within the same document, competitiveness and sustainability, embellishes these concepts and uses them to develop a conceptual framework. The explication of this framework is both the objective and content of the book. The focus is upon tourism destinations. The emphasis is on places with multiple attractions and accommodation establishments but the framework has applicability to countries and larger regions; states counties and smaller places; and there is also much of utility to the individual operator. The authors are devotees of Porter whose seminal works underpin their thinking, albeit with modifications to fit tourism.

The Competitive Destination: a Sustainable Tourism Perspective

guidance\" (p. xii). They have to some extent succeeded in their objectives. Certainly the compilation of references related to aesthetics and visual resources is a valuable contribution in itsell As is evident from this reader’s perspective, however, the poor organization and execution of the book unhappily detract from its effectiveness. Nora Laughlin is the Forest Landscape Architect and Assistant Recreation Staff on the Six Rivers National Forest, Eureka, California 95501.

Tourism: a community approach

This article presents the first narrative analysis of the areas of research that have developed within the destination marketing field since its commencement in 1973. Given the broad extent of the field, and the absence of any previous reviews in four decades, a key challenge is in providing a focus for such a disparate body of knowledge. The review is structured around one principal question: ‘To what extent is the Destination Marketing Organisation (DMO) responsible for the competitiveness of the destination’? In pursuit of this underlying question, we address a number of themes including nomenclature and the DMO, the evolution of the destination marketing literature, competitiveness as the DMO reason d’etre, and DMO effectiveness including issues of branding and positioning, and future research themes in the field.

Destination marketing organizations and destination marketing : a narrative analysis of the literature

The global financial and economic downturn that affected tourism from 2007 through to 2010 and beyond has cast substantial attention on the role that crisis events play in tourism. These concerns have only been exacerbated by natural disasters, such as the 2010 Icelandic volcanic plume, pandemics, and the potential of future global change. The potential effects of crisis events on international tourism are likely to increase in both size and frequency as tourism becomes increasingly hypermobile and the global economy even more interconnected. A review of the literature on tourism and crisis suggests that economic and financial crises receive the most research attention, with these crises events often being linked to other events such as terrorism and increased energy costs. This article concludes that the discourse on crisis in tourism raises fundamental concerns about the way that the notion of crisis is conceptualised and what constitutes normality.

Crisis events in tourism: subjects of crisis in tourism

Tourism demand for Italy and the business cycle

A growing literature assesses the quality of life and well-being in geographically and/or politically divided areas. The paper proposes a new subjective well being (SWB) indicator based on residents’ satisfaction with environment and community, personal life and leisure activities. Our approach is a novel construction and new application of the well-being index, specifically, a DEA-like model with common weights under the benefit of the doubt (BoD) approach. This approach is very interesting in the SWB framework, allowing us to differentiate efficient individuals or estimate the relative importance of each domain in the SWB indicator. The results state that Personal life is the domain that most profoundly affects SWB index; it also differs in groups of individuals and geographic spaces.

DEA-Like Model and Common Weights Approach for the Construction of a Subjective Community Well-Being Indicator

Real-time forecasting regional tourism with business sentiment surveys

This paper investigates whether and how the competitive delay of the Italian hotel industry is influenced by the level of business corporation efficiency. A stochastic frontier production approach is proposed in which technical inefficiency is specified as a function of the internal and locational factors in a firm. The model is estimated on a balanced panel of tourism business corporations observed during 1998–2005. Estimates show that the competitive gap in the Italian accommodation system is not a result of poor business corporation performance, and the importance of location, human and immaterial capital is assessed as (in)efficiency determinants. The authors then suggest policies to improve the Italian tourist industry's competitiveness.

Internal and locational factors affecting hotel industry efficiency: evidence from Italian business corporations.

The purpose of this study is to explore whether the UNESCO World Heritage Site (WHS) designation affects tourists’ evaluation of the local destination hosting the site, building on a large sample of about 0.8 million tourists who visited Italy over the period 1997-2015. We find that the inscription onto the UNESCO World Heritage List exerts surprisingly a negative effect on the overall evaluation of the destination and also on the evaluation of its artistic assets though the magnitude of the latter is lower. The effect is heterogeneous across visitors, depending on evaluation levels, as well as origin/destinations and demographics. Nonetheless, the presence of multiple WHSs in the same destination tends to increase evaluation suggesting that destination stakeholders with previous experience in dealing with WHS designations are better equipped to manage the complicated relationship between tourism and preservation. Managerial and policy-making implications are discussed.

https://journals.sagepub.com/doi/pdf/10.1177/0047287518821737

Andrea Guizzardi

Papers

Tourism demand for Italy and the business cycle

DEA-Like Model and Common Weights Approach for the Construction of a Subjective Community Well-Being Indicator

Real-time forecasting regional tourism with business sentiment surveys

Internal and locational factors affecting hotel industry efficiency: evidence from Italian business corporations.

Does designation as a UNESCO World Heritage Site influence tourist evaluation of a local destination