A Correlational Analysis of Global Climate Risk Indices and Tourism Industry Indicators Using Fractal Statistics

Authors

  • Ryan O. Tayco Negros Oriental State University
  • Agnes C. Sequiño University of San Jose-Recoletos

DOI:

https://doi.org/10.32871/rmrj1402.01.04

Keywords:

Climate Risk, Tourism Industry, Fractal Statistics, Correlation Analysis

Abstract

In this study, we demonstrate the use of techniques associated to a newly-developed fractal statistics in the analysis of data roughness of climate risk indices across the country as these induce a consequent ruggedness in the tourism industry indicators. Fractal dimensions and roughness correlation are used to show relationship while Pearson r correlation analysis to show association of the variables, climate risk index (as X variable), travel and tourism competitiveness, tourist arrival, tourism income and GDP per country(as Y variable). It is found out that climate risk condition is a cause of the decreases of the tourism activity and income of the country. The result lends proof thatn the weather patterns of a country, specifically climate risk condition, has considerable effects on tourism industry. Changing climate and weather patterns at tourist destinations and tourist generating countries can significantly affect the tourists’ comfort and their travel decisions. Influx in international tourist arrivals in response to climate risk affects all countries across the globe. However, developing countries are more vulnerable as they
have less resources and mechanisms to mitigate the impacts.

Author Biographies

Ryan O. Tayco, Negros Oriental State University

is a graduate of Bachelor of Science in Hotel and Restaurant Management at Negros Oriental State University. He finished his Master’s Degree in Business Administration major in Hospitality Management from University of the Visayas. He is presently connected with Negros Oriental State University, Main Campus I, Dumaguete City as an HM Instructor and as University Researcher.

Agnes C. Sequiño, University of San Jose-Recoletos

is an Industrial Technologist, has eleven years of experience in the industry prior to her twenty year stint in the academe. She earned her Master in Management degree from the University of San a Jose Recoletos and her PhD in Research and Evaluation degree from the Cebu Normal University. Her exposure to the volunteer work with the Maryknoll Missionaries in the past opened her horizons to be a volunteer adviser to the Business Advisory Program of the Philippine Business for Social Progress while working as a professor and faculty researcher of the Dept. of Business and Management of the University of San Jose Recoletos. She has coached entrepreneurs in the BidNetwork of Netherlands and has been a recipient of various awards in research. She has published research papers related to the IT – BPO Industry and was one of the invited speakers to the First World Congress for IT Outsourcing held at Nikko Hotel, Dalian City, China in August 28-30 2012.
Her competencies are in the field of business research, marketing and management.She has been awarded a scholarship grant by the Tallberg Foundation to be the country representative to the 5th Global Entrepreneurship Summit in Leksand, Sweden in 2010 and was invited as panelist representing the Philippines to the 19th Annual International Conference of the Association of Employment Practices and Principles (AEPP) held at the East West Center in the University of Hawaii at Manoa in October 2011. She presented and published her latest study on the Palm Oil Industry in Southeast Asia: Challenges and Opportunities in the Journal of Strategic and International Studies in Key West, Florida, U. S. A. in May 2013. Being the Director of the Center for Policy , Research and Development Studies of the University of San Jose – Recoletos, she has recently presented her environmental scanning study on the Palm Oil Biomass Industry in Malaysia at the International Conference for Academic Disciplines at the American University of Rome, Italy in October 2014.

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Published

2014-06-30

How to Cite

Tayco, R. O., & Sequiño, A. C. (2014). A Correlational Analysis of Global Climate Risk Indices and Tourism Industry Indicators Using Fractal Statistics. Recoletos Multidisciplinary Research Journal, 2(1). https://doi.org/10.32871/rmrj1402.01.04

Issue

Vol. 2 No. 1 (2014)

Section

Articles

License

Copyright of the Journal belongs to the University of San Jose-Recoletos