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Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola Apr 2017

Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola

Honors Projects in Economics

Increasing weather variability around the world has led to many researchers examining the impacts of weather variability on vulnerable industries. For example, the tourism industry can make up a large portion of an economy’s growth, with some of the most dependent countries relying on tourism for over 40% of GDP (World Travel & Tourism Council 2014). In an attempt to better understand the relationship between weather variability and the tourism industry at the country level, this study employs a series of fixed effects panel regression models to analyze the impact of rainfall and temperature on tourism levels and growth rates …


The Evolution Of The “Southwest Effect”, Daniel Webb May 2012

The Evolution Of The “Southwest Effect”, Daniel Webb

Honors Projects in Finance

The “Southwest effect” - a large decrease in fares paired with an increase in traffic - has been discussed around the airline industry since the term was first coined in a government study in the early 1990s. But the airline industry has drastically changed since then - Southwest has become the largest domestic airline, and many of its competitors have had the chance to restructure through bankruptcy.

This study examines some of Southwest's latest city additions, as well as a few of the airline’s intra-California routes where it is now a dominant player. Using publically-available government data, the change in …