Impacts of Climate Change on Domestic Tourism in the UK: A Panel Data Estimation
Timothy Taylor () and
Ramon Ortiz ()
Tourism Economics, 2009, vol. 15, issue 4, 803-812
Abstract:
Climate change is likely to have a significant impact on a number of key economic sectors, including tourism. The authors employ panel data techniques on regional tourist and climatic data in the UK to estimate the influence of temperature, precipitation and sunny conditions on domestic tourism. Significant impacts are found, including lagged relationships. The model is then used to estimate the impact of the hot weather of summer 2003 on domestic tourism in the UK, finding a positive impact on revenues ranging between £14.79 million and £30.32 million.
Keywords: climate change; domestic tourism; panel data; UK (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (22)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:15:y:2009:i:4:p:803-812
DOI: 10.5367/000000009789955161
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