Post by ehsanulh125 on Jan 9, 2024 12:13:27 GMT 5
Does the mere fact that we are happier really create economic value? It seems that - at least in tourism - definitely! Although it is widely accepted that people want to be happier and feel good about themselves, it is relatively new to examine the relationship between economic issues and happiness. Although the problem alreadyhas been present in public thinking for decades(eg Easterlin, 1974), really exciting andin-depth analysesit was only in recent years that researchers were able to do so thanks to the new large databases. Today, however, we can get answers to exciting questions about how our relationship to happiness affects tourism. Namely, we much prefer to go to places where people are happier.
In this case, happiness literally Country Email List represents an economic value. In itself, countless researches have already investigated what makes people choose between different tourist destinations and what influences the success of tourism (Song and Park, 2019), but a less studied area is how much the happiness of the people living in a given country and region matters in that , whether people like to go there on vacation. Paniagua and co-authors (2022) examined 142 countries with data from 2005 to 2019. The first big question is how to measure the happiness level of a country at all. According to one approach, it is worthwhile to look at objective measures that can affect happiness (income, health status, public safety, etc.), while in other approaches it is worthwhile to assess the subjective feeling of how people feel.
In many cases, happiness measured based on a subjective feeling is considered better (Krueger and Schkade, 2008), because it is not clear that objective measures can capture all aspects of the factors influencing happiness, as well as whether we know exactly the relationship between the measure and happiness to model. Based on these, the authors quantified happiness based on the World Happiness Report. According to estimates, if the happiness index increases by 1 percent, the proportion of foreign tourists compared to local tourists increases by 0.11-0.13 percent. So the happier a country is, the more popular it will be among foreigners. These results are further clarified if cultural differences are taken into account. The more distant the culture, the less influence local happiness has on tourists' decisions.
In this case, happiness literally Country Email List represents an economic value. In itself, countless researches have already investigated what makes people choose between different tourist destinations and what influences the success of tourism (Song and Park, 2019), but a less studied area is how much the happiness of the people living in a given country and region matters in that , whether people like to go there on vacation. Paniagua and co-authors (2022) examined 142 countries with data from 2005 to 2019. The first big question is how to measure the happiness level of a country at all. According to one approach, it is worthwhile to look at objective measures that can affect happiness (income, health status, public safety, etc.), while in other approaches it is worthwhile to assess the subjective feeling of how people feel.
In many cases, happiness measured based on a subjective feeling is considered better (Krueger and Schkade, 2008), because it is not clear that objective measures can capture all aspects of the factors influencing happiness, as well as whether we know exactly the relationship between the measure and happiness to model. Based on these, the authors quantified happiness based on the World Happiness Report. According to estimates, if the happiness index increases by 1 percent, the proportion of foreign tourists compared to local tourists increases by 0.11-0.13 percent. So the happier a country is, the more popular it will be among foreigners. These results are further clarified if cultural differences are taken into account. The more distant the culture, the less influence local happiness has on tourists' decisions.