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Hospitality Sector Revenues And Employment In The Eagle Ford Shale, 2010-2019, Javier Oyakawa
Hospitality Sector Revenues And Employment In The Eagle Ford Shale, 2010-2019, Javier Oyakawa
Journal of Hospitality Financial Management
By taking advantage of proprietary data from input- output tables’ time series and by using econometric methods, this study estimated job and output multipliers affecting the hospitality sector in Eagle Ford Shale (EFS) between 2010 and 2019. In 2019, in the EFS area, the hospitality sector, including the hotel and food subsectors, received 32.5% of its increased revenues from oil and gas activities when comparing the years 2019 and 2010. For each new job in the energy industry, the hospitality sector received between $10,185 and $12,744. In the same year, hotel subsector revenues due to oil and gas activities explained …
International Tourism, Demand, And Gdp Implications: A Background And Empirical Analysis, Michael Brakke
International Tourism, Demand, And Gdp Implications: A Background And Empirical Analysis, Michael Brakke
Undergraduate Economic Review
International tourism, a primary source of growth for many countries, is inadequately represented in the economic literature. This paper attempts to expand upon past research, thereby supplementing some deficiencies and posing new questions. A pooled model for international tourism demand is constructed for 85 countries using fixed-effects specification. In addition to conventional variables, a variable representing political conditions acts as a proxy for the many exogenous impacts that affect tourism. The nature of tourism volatility due to the exogenous shocks is discussed, and a statistical link between concentrations in tourism as an export good and GDP volatility is explored.