Where do tourism tokens travel to and from?

dc.authorid Aharon, David Yechiam/0000-0002-1358-5592
dc.contributor.author Ersan, Oğuz
dc.contributor.author Demir, Ender
dc.contributor.author Ersan, Oguz
dc.contributor.other International Trade and Finance
dc.date.accessioned 2023-10-19T15:12:24Z
dc.date.available 2023-10-19T15:12:24Z
dc.date.issued 2023
dc.department-temp [Aharon, David Y.] Ono Acad Coll, Fac Business Adm, Kiryat Ono, Israel; [Demir, Ender] Reykjavik Univ, Sch Social Sci, Dept Business Adm, Reykjavik, Iceland; [Demir, Ender] Tomas Bata Univ Zlin, Zlin, Czech Republic; [Ersan, Oguz] Kadir Has Univ, Fac Econ Adm & Social Sci, Dept Int Trade & Finance, Istanbul, Turkiye en_US
dc.description.abstract 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. en_US
dc.identifier.citationcount 5
dc.identifier.doi 10.1080/13683500.2023.2237169 en_US
dc.identifier.issn 1368-3500
dc.identifier.issn 1747-7603
dc.identifier.scopus 2-s2.0-85165986693 en_US
dc.identifier.scopusquality Q1
dc.identifier.uri https://doi.org/10.1080/13683500.2023.2237169
dc.identifier.uri https://hdl.handle.net/20.500.12469/5436
dc.identifier.wos WOS:001067984400001 en_US
dc.identifier.wosquality Q1
dc.khas 20231019-WoS en_US
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.ispartof Current Issues in Tourism en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 9
dc.subject Volatility Spillovers En_Us
dc.subject Tourism tokens en_US
dc.subject Connectedness En_Us
dc.subject tourism en_US
dc.subject connectedness en_US
dc.subject TVP-VAR en_US
dc.subject Stocks En_Us
dc.subject cryptocurrencies en_US
dc.subject C58 en_US
dc.subject Volatility Spillovers
dc.subject F36 en_US
dc.subject Connectedness
dc.subject G15 en_US
dc.subject Stocks
dc.subject Z3 en_US
dc.title Where do tourism tokens travel to and from? en_US
dc.type Article en_US
dc.wos.citedbyCount 11
dspace.entity.type Publication
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relation.isOrgUnitOfPublication.latestForDiscovery 16202dfd-a149-4884-98fb-ada5f8c12918

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