Modelling the impact of COVID-19 in small pacific island countries

Article Economics

Destructive destruction or creative destruction? Unraveling the effects of tropical cyclones on economic growth

Ziqiao Zhou et al.

Summary: This paper examines the contemporary and long-term effects of tropical cyclones and related policies on economic growth and structural changes, specifically focusing on the impact of No. 8 signal policy in Hong Kong. While wind speed does not significantly affect GDP, economic losses are mainly driven by the No. 8 signal policy, which suspends daily activities during dangerous tropical cyclone weather, leading to an average economic loss of approximately 0.9 billion U.S. dollars. However, in the long run, the No. 8 signal policy has delayed positive impacts on total GDP and sectoral growth, requiring at least five years of recovery from severe tropical cyclones.

ECONOMIC ANALYSIS AND POLICY (2021)

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Article Green & Sustainable Science & Technology

Pandemics, tourism and global change: a rapid assessment of COVID-19

Stefan Gossling et al.

Summary: The COVID-19 pandemic has severely impacted the global tourism industry, causing a near halt in travel activities and a significant decrease in international tourist arrivals. As the crisis continues, the tourism sector needs to focus on its ability to respond to pandemics, reconsider existing growth models, and explore how the pandemic may reshape society and the economy.

JOURNAL OF SUSTAINABLE TOURISM (2021)

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Article Hospitality, Leisure, Sport & Tourism