Resident-tourist value co-creation: The role of residents' perceived tourism impacts and life satisfaction
Zhibin Lin,
Ye Chen and
Raffaele Filieri
Tourism Management, 2017, vol. 61, issue C, 436-442
Abstract:
This study aims to expand tourism value co-creation to include resident-tourist social interactions. Specifically, we aim to empirically verify the effects of residents' life satisfaction and their perceived benefits and costs of tourism development on their value co-creation with tourists. An online questionnaire survey was conducted with a sample of 380 urban residents in China. Partial Least Square structural equation modelling was adopted to analyze the data. The results show that residents' perceived economic and social-cultural benefits of tourism development have positive effects on both value co-creation and life satisfaction, while perceived costs have negative effects. Life satisfaction influences value co-creation. This study contributes to the literature by conceptualizing tourism value co-creation between tourists and residents and empirically investigating residents' participation in value co-creation in the tourism context. Moreover, we introduced broaden-and-build theory to analyze a tourism phenomenon for the first time. This study also provides important managerial implications.
Keywords: Value co-creation; Life satisfaction; Resident; Tourist; Tourism impact; China (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (35)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:touman:v:61:y:2017:i:c:p:436-442
DOI: 10.1016/j.tourman.2017.02.013
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