Where do tourism tokens travel to and from?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F23%3A63568738" target="_blank" >RIV/70883521:28120/23:63568738 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.1080/13683500.2023.2237169" target="_blank" >https://doi.org/10.1080/13683500.2023.2237169</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1080/13683500.2023.2237169" target="_blank" >10.1080/13683500.2023.2237169</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Where do tourism tokens travel to and from?

Popis výsledku v původním jazyce

This study aims to identify the sources of spillovers affecting tourism tokens and classify the type of assets to which they correspond. Using daily data for different asset classes from June 2018 through November 2022, we employ a TVP-VAR methodology to test the connectedness between two tourism tokens, two leading travel equity indices, and the two dominant cryptocurrencies, namely, Bitcoin and Ethereum. The findings show that tourism tokens are relatively independent of fluctuations in the traditional sources affecting the travel and leisure sector, such as the U.S. dollar, the price of oil, or travel equity indices. These results hint that tourism tokens are more closely related to cryptocurrencies rather than pure travel goods. The results may help decision-makers in the travel and hospitality industries considering the use of tourism tokens identify the potential forces impacting them.

Název v anglickém jazyce

Where do tourism tokens travel to and from?

Popis výsledku anglicky

This study aims to identify the sources of spillovers affecting tourism tokens and classify the type of assets to which they correspond. Using daily data for different asset classes from June 2018 through November 2022, we employ a TVP-VAR methodology to test the connectedness between two tourism tokens, two leading travel equity indices, and the two dominant cryptocurrencies, namely, Bitcoin and Ethereum. The findings show that tourism tokens are relatively independent of fluctuations in the traditional sources affecting the travel and leisure sector, such as the U.S. dollar, the price of oil, or travel equity indices. These results hint that tourism tokens are more closely related to cryptocurrencies rather than pure travel goods. The results may help decision-makers in the travel and hospitality industries considering the use of tourism tokens identify the potential forces impacting them.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Current Issues in Tourism

ISSN

1368-3500

e-ISSN

1747-7603

Svazek periodika

neuveden

Číslo periodika v rámci svazku

neuvedeno

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

23

Strana od-do

—

Kód UT WoS článku

001067984400001

EID výsledku v databázi Scopus

2-s2.0-85165986693