Consumer spending during Covid-19 in a tourism city
Bibliographic Data
| ID | 11232017 |
|---|---|
| Authors | Mengyao Ren (0000-0001-8136-6861, Hong Kong Polytechnic University), Yang Xu (0000-0003-3898-022X, Hong Kong Polytechnic University, corresponding author), Sangwon Park (0000-0003-3021-1987, Kyung Hee University), Xiao Huang (0000-0002-4323-382X, Emory University), Mengqi Sun (0009-0007-9940-5583, Hong Kong Polytechnic University), Jizhe Xia (0000-0002-6436-7456, Shenzhen University), Sun-Young Koh (Jeju TechnoPark) |
| Year | 2024 |
| Volume | 109 |
| Pages | 103830 |
| Publication date | 2024-11-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Annals of Tourism Research (JOURNAL) |
| Journal identifiers | ISSN: 0160-7383 • E-ISSN: 1873-7722 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.annals.2024.103830 |
| OpenAlex | W4402759146 |
| Language | EN |
| Citations received | 3 |
| References cited | 42 |
Leveraging large-scale transaction data, this study quantifies the impact of COVID-19 and policy responses on the spending behavior of both residents and domestic inbound travelers in Jeju, Korea. Findings reveal that both local and national COVID-19 situations significantly affected the spending behavior of both groups. Residents were more sensitive to local cases, while travelers were equally affected by local and national cases. Social distancing minimally impacted resident spending but caused over 20 % reductions in traveler spending. Stimulus payments boosted spending by over 10 % for residents without diminishing the effects of social distancing. Despite the overall benefit of these combined policies, certain economic sectors benefited notably while others suffered, thus leaving them with varying fates during and after the pandemic. • Spending behavior changes of residents and travelers were jointly investigated. • Consumer spending was affected by the spread of disease both locally and nationally. • Social distancing had a notable impact on travelers but limited impact on residents. • Stimulus payments boosted spending of both residents and travelers. • Policy- and pandemic-induced changes in spending varied across economic sectors
2019-20 coronavirus outbreak · Advertising · Business · Consumer spending · Coronavirus disease 2019 (COVID-19 · Economics · Geography · Outbreak · Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2 · Tourism · Digital Marketing and Social Media · Diverse Aspects of Tourism Research · Medicine · Sharing Economy and Platforms · Virology
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| Citations per year | 1.5 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |