The number of economics-related articles in the Scandinavian Journal of Hospitality and Tourism (SJHT) has recently increased considerably. Despite this increase, the research efforts of Nordic economists on tourism issues have lagged behind in an international comparison. The recent increase in the number of economics-related publications in SJHT is due to better access to microdata (individual and ...

Volatile seasonal demand and geographic clustering of firms are two important factors affecting the capital structure of hospitality firms. In this paper, we investigate the capital structure determinants of hospitality firms regarding the effects of seasonality and geographic clustering. A fixed-effects panel data model was estimated using data on all hospitality firms in Norway from 2008 to 2018. ...

Since seasonality has long been recognized as one of the most critical problems in the tourism industry, many studies have been conducted to investigate its reasons. Nevertheless, almost all the studies focus on climate and institutional reasons, ignoring the possible economic determinants. In this study, we use econometric models to estimate how economic factors such as tourist’s income, the relative ...

<p><i>Purpose</i>: The purpose of this paper is to examine the influences of consumer perceptions of labelled information and sensory attributes on consumers’ intention to buy fresh milk.</p> <p><i>Design/methodology/approach</i>: An experiment was conducted on 117 consumers in a lab at a university. After closely inspecting the labels’ information and tasting two types of milk, participants were ...

Aquaculture supply from China has been a remedy to meet the growing global demand for seafood in the last decades. However, output growth has decreased dramatically in China in the 2000s. Previous literature focuses on the ecosystem problems arising in intensive farming in China. In this study, we used stochastic production analysis (SPA) to estimate the technical efficiency of Chinese large ...

This study aims to investigate the interdependence between stock prices of salmon firms listed at Oslo Stock Exchange and to evaluate how this correlation is affected by firm size and salmon commodity price. Technically, we apply the Johansen’s approach (Johansen, 1991) to test cointegration between stock prices and between individual stock prices and commodity price. The time path of the long-run ...

This study explores and tests a comprehensive model of co-creation in creating value and tourist satisfaction. In addition to being the first study to empirically test the customer value co-creation behavior scale developed by Yi and Gong (2013), the present work adds to theory by revealing the importance of tourists' mental co-creation and employees' active participation in creating value and ...

Electricity distribution operators are regulated as monopolies around the world. Incentive regulation is further applied to relate their allowed revenues (revenue cap) to cost efficiency and investment. Incentive regulation varies cross countries and has evolved over time for individual countries. Norway is one of the first countries reforming the network distributors by incentive regulation. Using ...

Despite improved fisheries management, overcapacity is still a major issue in fisheries worldwide. This study investigates the economic effect of a mismatch between catch capacity and quota holdings on the economic performance of fishing boats operating in a system of Individual Fishing Quota (IFQ) system. Based on the data of 71 fishing vessels, which constitute the entire fleet of Norwegian seagoing ...