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Author: Van-Nam Huynh Publisher: Springer ISBN: 3319134493 Category : Technology & Engineering Languages : en Pages : 486
Book Description
This edited book contains several state-of-the-art papers devoted to econometrics of risk. Some papers provide theoretical analysis of the corresponding mathematical, statistical, computational, and economical models. Other papers describe applications of the novel risk-related econometric techniques to real-life economic situations. The book presents new methods developed just recently, in particular, methods using non-Gaussian heavy-tailed distributions, methods using non-Gaussian copulas to properly take into account dependence between different quantities, methods taking into account imprecise ("fuzzy") expert knowledge, and many other innovative techniques. This versatile volume helps practitioners to learn how to apply new techniques of econometrics of risk, and researchers to further improve the existing models and to come up with new ideas on how to best take into account economic risks.
Author: Van-Nam Huynh Publisher: Springer ISBN: 3319134493 Category : Technology & Engineering Languages : en Pages : 486
Book Description
This edited book contains several state-of-the-art papers devoted to econometrics of risk. Some papers provide theoretical analysis of the corresponding mathematical, statistical, computational, and economical models. Other papers describe applications of the novel risk-related econometric techniques to real-life economic situations. The book presents new methods developed just recently, in particular, methods using non-Gaussian heavy-tailed distributions, methods using non-Gaussian copulas to properly take into account dependence between different quantities, methods taking into account imprecise ("fuzzy") expert knowledge, and many other innovative techniques. This versatile volume helps practitioners to learn how to apply new techniques of econometrics of risk, and researchers to further improve the existing models and to come up with new ideas on how to best take into account economic risks.
Author: Mr.Alexander Culiuc Publisher: International Monetary Fund ISBN: 1484383133 Category : Business & Economics Languages : en Pages : 46
Book Description
The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest components of services exports globally, and the backbone of many smaller economies. It applies the gravity model to a large dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect to GDP of the origin (importing) country is lower than for goods trade. Tourism flows respond strongly to changes in the destination country’s real exchange rate, along both extensive (tourist arrivals) and intensive (duration of stay) margins. OECD countries generally exhibit higher elasticties with respect to economic variables (GDPs of the two economies, real exchange rate, bilateral trade) due to the larger share of business travel. Tourism to small islands is less sensitive to changes in the country’s real exchange rate, but more susceptible to the introduction/removal of direct flights.
Author: Tarek H. Selim Publisher: Adonis & Abbey Publishers Ltd ISBN: 1912234882 Category : Reference Languages : en Pages : 339
Book Description
Pure environmentalism and pure resource exploitation can be integrated together to form an encompassing sustainability solution. This is the main message of this book based on an innovative "e;structure-concentration-incentives"e; methodology applied to Egypt. This methodology provides a basis for achieving environmental sustainability based on endogenous source-driven forces of change in contrast to the traditional effects-dominant oriented approach. Though the book's methodology could be used as a framework of analysis in environmental sustainability research for any developing country, Egypt provides a rich case study because of its historical, socio-economic, and political constructs. Sustainable development is generally seen as a tradeoff between resource efficiency and social equity such that total resource essentials in society can become sustainable in the long run in a manner that meets the needs of current generations without compromising the ability of future generations to meet their own needs. Environmental sustainability cannot be implemented without the direct inclusion of structure (form), concentration (effect), and incentives (drivers) as critical policy choices because: (1) they constitute a necessary condition in any country's path towards sustainable development, (2) they must be implemented simultaneously as a target and constraint, and (3) they require social and political sacrifice complemented by endogenous-based systems in contrast to authoritarian solutions. Egypt, Energy and the Environment presents research on Egypt's energy and environmental resources from multidisciplinary perspectives. It offers sustainability solutions to many of the country's problems relating to energy, pollution, water, gender, wildlife, politics, economics, management, ecology, and information technology. The book's method of analysis can be applied to other developing countries as well.
Author: Ryan Merlin Yonk Publisher: BoD – Books on Demand ISBN: 1839688130 Category : Social Science Languages : en Pages : 180
Book Description
The authors of this volume provide a window into what influences the quality of life, why people live longer, and why we are relatively better off compared to decades ago. While the potential ways of measuring life quality are abundant, understanding what causes improvement requires careful study and consideration. This volume provides useful insight into these challenges and helps to highlight a clear and important separation between wellbeing and standard of living, both relevant to assessing the quality of life. Standard of living refers to the material welfare of a group. Wellbeing, on the other hand, encapsulates harder-to-measure subjective preferences. Together they help us to understand the quality of life of certain groups at specific times, and in specific communities.
Author: Iain Christie Publisher: World Bank Publications ISBN: 1464801975 Category : Business & Economics Languages : en Pages : 325
Book Description
This book presents how tourism initiates economic development and how constraints to the growth of tourism in Sub-Saharan Africa can be addressed. With 24 case studies that illustrate tourism development, it reveals that despite destination challenges, the basic elements needed to initialize or intensify success are applicable across the region.
Author: Linda L. Lowry Publisher: SAGE Publications ISBN: 1483368939 Category : Business & Economics Languages : en Pages : 1593
Book Description
Taking a global and multidisciplinary approach, The SAGE International Encyclopedia of Travel and Tourism examines the world travel and tourism industry, which is expected to grow at an annual rate of four percent for the next decade.
Author: Ms.Manuela Goretti Publisher: International Monetary Fund ISBN: 1513561901 Category : Business & Economics Languages : en Pages : 115
Book Description
This departmental paper analyzes the impact of the COVID-19 pandemic on tourism in the Asia Pacific region, Latin America, and Caribbean countries. Many tourism dependent economies in these regions, including small states in the Pacific and the Caribbean, entered the pandemic with limited fiscal space, inadequate external buffers, and foreign exchange revenues extremely concentrated in tourism. The empirical analysis leverages on an augmented gravity model to draw lessons from past epidemics and finds that the impact of infectious diseases on tourism flows is much greater in developing countries than in advanced economies.
Author: Haiyan Song Publisher: Routledge ISBN: 0080436730 Category : Tourism Languages : en Pages : 183
Book Description
A textbook for a graduate or final-year undergraduate course in tourism studies that might also find interest among researchers and practitioners who want to apply recent developments in econometric modeling and forecasting to tourism demand analysis. Song and Witt (both management in the service sector, U. of Surrey, Britain) begin with the fundamentals of tourism demand analysis, and the problems of traditional modeling and forecasting. Then they explore the general- to-specific approach, the time-varying parameter model, and the panel- data approach. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Van-Nam Huynh
Author: Van-Nam Huynh
Author: Mr.Alexander Culiuc
Author: Tarek H. Selim
Author: Ryan Merlin Yonk
Author: Iain Christie
Author: Linda L. Lowry
Author: 
Author: Ms.Manuela Goretti
Author: 
Author: Haiyan Song