Coronavirus pandemic and tourism: Dynamic stochastic general equilibrium modeling of infectious disease outbreak
•We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents.
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| Veröffentlicht in: | Annals of tourism research Jg. 83; S. 102913 |
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| Hauptverfasser: | , , |
| Format: | Journal Article |
| Sprache: | Englisch |
| Veröffentlicht: |
England
Elsevier Ltd
01.07.2020
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| ISSN: | 0160-7383, 1873-7722, 1873-7722 |
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| Abstract | •We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents. |
|---|---|
| AbstractList | •
We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.
•
The model is generalizable to any epidemic.
•
The model supports the policy of providing tourism consumption vouchers for residents. •We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents.•We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents. •We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents. |
| ArticleNumber | 102913 |
| Author | Zhang, Hongru Yang, Yang Chen, Xiang |
| Author_xml | – sequence: 1 givenname: Yang surname: Yang fullname: Yang, Yang email: yangy@temple.edu organization: Department of Tourism and Hospitality Management, Temple University, Philadelphia, PA 19122, USA – sequence: 2 givenname: Hongru surname: Zhang fullname: Zhang, Hongru email: zhanghongru@jxufe.edu.cn organization: School of Economics, Jiangxi University of Finance and Economics, Nanchang, Jiangxi 330013, China – sequence: 3 givenname: Xiang surname: Chen fullname: Chen, Xiang email: chen.xiang@uconn.edu organization: Institute for Collaboration on Health, Intervention, and Policy (InCHIP), Department of Geography, University of Connecticut, Storrs, CT 06269, USA |
| BackLink | https://www.ncbi.nlm.nih.gov/pubmed/32292219$$D View this record in MEDLINE/PubMed |
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| References_xml | – volume: 17 start-page: 534 year: 2012 end-page: 550 ident: bb0070 article-title: Evaluation of the economic effectiveness of public tourism coupons in China in 2009 – A corrected DEA approach publication-title: Asia Pacific Journal of Tourism Research – volume: 79 start-page: 97 year: 2017 end-page: 125 ident: bb0035 article-title: Disaster risk and preference shifts in a New Keynesian model publication-title: Journal of Economic Dynamics and Control – year: 2017 ident: bb0050 article-title: Health emergency and disaster risk management – volume: 53 start-page: 1556 year: 2015 end-page: 1579 ident: bb0065 article-title: Health care inflation and its implications for monetary policy publication-title: Economic Inquiry – year: 2020 ident: bb0005 article-title: Chinese hotels seeing steep declines from coronavirus – volume: 102 start-page: 2734 year: 2012 end-page: 2766 ident: bb0025 article-title: Disaster risk and business cycles publication-title: American Economic Review – volume: 98 start-page: 58 year: 2008 end-page: 63 ident: bb0015 article-title: Consumption disasters in the twentieth century publication-title: The American Economic Review – volume: 25 start-page: 942 year: 2019 end-page: 963 ident: bb9500 article-title: Prescribing for the tourism-induced Dutch disease: A DSGE analysis of subsidy policies publication-title: Tourism Economics – year: 2020 ident: bb0045 article-title: The SARS, MERS and novel coronavirus (COVID-19) epidemics, the newest and biggest global health threats: What lessons have we learned? 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| Snippet | •We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the... • We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism. • The model is generalizable to any epidemic. • The model supports the... |
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| Title | Coronavirus pandemic and tourism: Dynamic stochastic general equilibrium modeling of infectious disease outbreak |
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