Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/35977
Title: The contributions of economics to hospitality literature : a content analysis of hospitality and tourism journals
Authors: Mohammed, I
Guillet, BD 
Law, R 
Keywords: Hospitality review
Hospitality economics
Economics
Review and analysis
Markets
Issue Date: 2015
Publisher: Pergamon Press
Source: International journal of hospitality management, 2015, v. 44, p. 99-110 How to cite?
Journal: International journal of hospitality management 
Abstract: This paper aimed to develop a concrete understanding of economics topics and methodologies that have been applied to hospitality research and to suggest areas for further research. Content analysis of 292 full-length articles was performed. The results showed that the contributions of economics to hospitality literature were largely empirical and microeconomics-related. Most of the research topics focused on market analysis, which involves demand and supply modelling and price determinants, followed by performance analysis, involving efficiency and productivity studies. Limited contributions of macroeconomic topics to hospitality were determined, highlighting the lack of studies on the impact of government or public policies on the hospitality industry. Moreover, the application of game theory to market structures was found to be limited, creating a vacuum in terms of understanding the competitive and cooperative behaviours of hospitality firms. As a contribution to the literature, the study provides suggestions for future research.
URI: http://hdl.handle.net/10397/35977
ISSN: 0278-4319
DOI: 10.1016/j.ijhm.2014.10.010
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