报告题目:Risk culture as a blessing in tourism development: Long-run effects of epidemic disasters
报告时间:2024年03月18日(星期一)10:00-11:00
报告地点:科教楼B座1008
报 告 人:符通 (教授)
工作单位:贵州大学
举办单位:经济学院
报告人简介:
符通,贵州大学教授,博士生导师,担任《Managerial and Decision Economics》的常务副主编,负责该刊的专刊论文和期刊发展等相关事宜。同时,担任《International Review of Financial Analysis》和《International Review of Economics and Finance》的副主编。其研究旨在发展新制度经济学,重点关注于经济发展、公司金融和环境规制等问题,在《Annals of Tourism Research》、《Ecological Economics》、《Energy Economics》、《Journal of International Financial Market, Institutions and Money》、《International Review of Financial Analysis》等国际著名期刊上发表数十篇论文。
内容简介:
Using a unique dataset from China, this paper shows that the intensity of epidemic disasters during the country's last feudal period (1644–1895) promoted tourism businesses' contemporary performance. The results remain robust when considering geography, institutions, culture, confounding factors, and potential endogeneity bias. Three sources of tourism performance are referenced: business census data from individual travel agencies, visit data for national parks, and tourism revenue data from Chinese prefectures. To explain this complex but apparently uniform finding, we perform causal mediation analysis to demonstrate the importance of promotional effects by encouraging corporate risk-taking, with robustness to cultural fusion. Ultimately, we show the power of risk culture to justify the path dependence of tourism development on historical epidemics.