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The declining dependence of ski lift operators on natural snow conditions
Austrian Institute of Economic Research, Austria.
Södertörn University, School of Social Sciences, Economics.
2018 (English)In: Tourism Economics, ISSN 1354-8166, E-ISSN 2044-0375, Vol. 24, no 6, p. 662-676Article in journal (Refereed) Published
Abstract [en]

This study tests for a structural shift in the relationship between revenues of ski lift operators and natural snow conditions. The analysis is based on time series data for the Swedish ski lift industry spanning from 1980 to 2017. Since 1970, snow depth in winter sport destinations has decreased markedly by about 5 cm per decade. Estimations based on the autoregressive distributed lag (ARDL) model show that revenues (in constant prices) of ski lift operators are significantly positively related to natural snow conditions, given the impact of relative prices and real GDP. However, ARDL estimations with rolling windows reveal that the sensitivity of revenues from ski lift ticket sales to variations in snow depth is declining over time. For the subsamples starting at the end of 1980s onward, revenues no longer significantly depend on natural snow depth. This is likely due to the implementation of adaptation measures such as investments in snowmaking facilities. © 2018, The Author(s) 2018.

Place, publisher, year, edition, pages
2018. Vol. 24, no 6, p. 662-676
Keywords [en]
autoregressive distributed lag (ARDL) model, climate change, skiing demand, snow depth, structural shift, Sweden, winter tourism
National Category
Economics
Identifiers
URN: urn:nbn:se:sh:diva-34909DOI: 10.1177/1354816618768321ISI: 000441946000003Scopus ID: 2-s2.0-85045239844OAI: oai:DiVA.org:sh-34909DiVA, id: diva2:1201988
Available from: 2018-04-27 Created: 2018-04-27 Last updated: 2018-09-06Bibliographically approved

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Lin, Xiang

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf