Spatial effects in regional tourism firm births and deaths
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Date
2020-12-17
Authors
Power, Bernadette
Doran, Justin
Ryan, Geraldine
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Publisher
Springer Nature Switzerland AG
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Abstract
Agglomeration economies are benefits that firms obtain when they locate close to one another or are constrained spatially. Tourism is heavily reliant on agglomeration economies rather than mere resource endowments. Policy formation requires an understanding of how tourism agglomeration impacts entrepreneurship within regions. In this chapter, we focus on how agglomeration economies impact enterprise birth and death rates within the tourism sector in Ireland using a comprehensive dataset on tourism firm births and deaths. Agglomeration economies have been studied in the area of regional economic growth and prosperity, but less is known about the extent to which spatial agglomeration economies affect regional firm births and deaths in the tourism sector. Our results provide evidence of positive spatial dependence in regional tourism enterprise births and deaths. Co-location of a diverse set of complementary enterprises fosters greater tourism enterprise births. Greater local specialisation rather than diversity lowers regional tourism enterprise deaths.
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Keywords
Agglomeration economies , Tourism entrepreneurship , Tourism firm births , Tourism firm deaths
Citation
Power, B., Doran, J. and Ryan, G. (2020) 'Spatial effects in regional tourism firm births and deaths', in Ferrante, M., Fritz, O. and Öner, Ö. (eds) Regional Science Perspectives on Tourism and Hospitality. Advances in Spatial Science (The Regional Science Series). Springer, Cham, pp. 17-39. doi: 10.1007/978-3-030-61274-0_2
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Copyright
© 2020, Springer Nature Switzerland AG. This is a post-peer-review, pre-copyedit version of a chapter published in Ferrante M., Fritz O., Öner Ö. (eds) Regional Science Perspectives on Tourism and Hospitality. Advances in Spatial Science (The Regional Science Series). The final authenticated version is available online at: https://doi.org/10.1007/978-3-030-61274-0_2