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Author: | Cole, S. |
Title: | A logistic tourism model: Resort cycles, globalization, and chaos |
Journal: | Annals of Tourism Research
2009 : OCT, VOL. 36:4, p. 689-714 |
Index terms: | tourism tourist industry globalization models |
Freeterms: | logistic chaos carrying capacity agglomeration |
Language: | eng |
Abstract: | This paper deals with suggestions in the literature of the tourism industry being "chaotic" by transforming a previously developed resort model into discrete logistic equation (DLE), a widely used chaos model. Given parameters characteristic of the industry, the logistic tourism model (LTM) explains, e.g. the hesitant take-off of tourism, the role of agglomeration during the rapid growth phase etc. The findings suggest that globalizing industries like tourism may exhibit quite different dynamics from those captured by traditional growth models or localized supply-demand elasticity models. |
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