Demand for international tourism tends to rise during economic expansions and fall during economic contractions. In other words, it is pro-cyclical. However, the response of tourism demand to business cycles may vary across contractionary and expansionary phases. Furthermore, tourism demand and business cycles may not be synchronous. These are other issues are explored by Turner College economics professor Frank Mixon and colleagues at Lincoln University (New Zealand) and the University of New Haven in their study appearing in the November 2022 issue of Tourism Economics. To conduct the study, Mixon and his colleagues analyze quarterly data on tourism departures and real GDP for Australia and New Zealand. The key findings of this study are that tourism demand in both Australia and New Zealand is pro-cyclical, tourism demand cycles in New Zealand strongly lag business cycles by one year, whereas in Australia, they weakly lag business cycles by one quarter, and, overall, tourism demand and business cycles in New Zealand share a stronger association than they do in Australia.
The long-awaited journal review being conducted by the Australian Business Deans Council (ABDC) has been released and there are a number of news items that relate to faculty in the Turner College. One of these is the ABDC's decision to now include Compensation and Benefits Review in its journal rankings. This is big news for the Turner College as its editor, Phil Bryant , is a professor of management in the Turner College. The ABDC is proposing that the journal enter its system for the first time as a C-rated journal. Acting Turner College Dean Tesa Leonce sits on the journal's editorial board, while Turner College management professor Mark James has guest-edited an issue of the journal. Published by SAGE, Compensation & Benefits Review is the leading journal for senior executives and professionals who design, implement, evaluate and communicate compensation and benefits policies and programs. The journal supports compensation and benefits specialists and academic ex...

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