[Blueboard] Invitation to a Professorial Lecture on "The impact of government failure on tourism in the Philippines" by Dr. Wilfred S. Manuela, Jr.
dandres at ateneo.edu
Tue Oct 13 14:33:44 PHT 2015
The Office of the Associate Dean for Research and Creative Work and the
University Research Council invite you to
"The impact of government failure on tourism in the Philippines"
Professorial Lecture by Dr. Wilfred S. Manuela, Jr.
29 October 2015, 4:30PM - 6:00PM
5th Floor, New Rizal Library
While the Philippines aspires to be one of the top tourist destinations in
Southeast Asia, self-inflicted wounds like the failure of the government to
comply with international aviation safety standards may derail the country
from achieving its goals. This article estimates the short- and long-term
impact of the US FAA downgrade of the Philippine civil aviation system in
2008 and the EU ban of Philippine carriers in 2010 on tourist expenditures,
arrivals, and length of stay using monthly time series data. The
econometric model, consisting of three equations due to the endogeneity of
the tourist arrivals and length of stay variables in the tourist
expenditures equation, is estimated simultaneously using the generalized
method of moments. The results indicate that the US FAA downgrade and the
EU ban impact monthly tourist receipts negatively in the short term while
the downgrade also impacts tourist expenditures in the long term. Moreover,
the ban impacts length of stay negatively in the short and long term while
the downgrade impacts length of stay negatively only in the long term. The
substantial decline in tourism receipts from 2008 to 2010 despite an
increasing trend in tourist arrivals is due to the shorter stay of
tourists, indicating that high-spending tourists have not returned
following the downgrade and ban.
*Wilfred S. Manuela Jr. is an associate professor at the Leadership and
Strategy Department, John Gokongwei School of Management (JGSOM), Ateneo de
Manila University. He is the managing editor of the Journal of Management
for Global Sustainability, the official journal of the International
Association of Jesuit Business Schools. Prior to joining the faculty of
JGSOM, he was an associate professor and MBA program director at the Asian
Institute of Management and assistant professor at the University of the
Philippines. His research interests include applied industrial
organization, applied econometrics, liberalization and competition in the
airline industry, and tourism and economic development. His work has
appeared in the Journal of Business Research, Transportation Journal, and
Transport Policy. He received his Ph.D. (Business Administration) from the
University of the Philippines, Diliman, Quezon City in 2005.
This event is made possible with the support of the Office of the
President, John Gokongwei School of Management, the Department of
Leadership and Strategy, and the Rizal Library.
This event is open to the public and admission is free. Light refreshments
will be served. Please confirm your attendance thru https://goo.gl/gPm3Pq.
Djoanna Paula C. Andres
Office of Associate Dean for Research and Creative Work
Ateneo de Manila University
Telephone: 426 6001 local 5046
Fax: 426 5663
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