Portugal is one of the European countries most vulnerable to water shortages driven by climate change. This study explores the factors influencing household water demand across Portuguese municipalities with urban centres, emphasizing two oftenoverlooked elements: population trends (growth or decline) and regional location. Another innovation of the study is the inclusion of tourists in the estimation of househ...
Urban spatial organization provided an important contribution for healthy tourism in the first COVID-19 pandemic period. The 15-Minute City concept promotes walking which is essential for the development of outdoor activities for a healthier tourism. The tourist city of Lagos (Portugal) is a pilot city of the Interreg Med SuSTowns Project which aims to promote sustainable and resilient territories. This study p...
This study analysed the complex dynamics of tourism based on perspectives and intentional behaviours of residents. The analysis focused on how residents perceive the effects of tourism, their satisfaction with it, their subjective well-being, and their inclinations towards pro-tourism behaviours. By merging social exchange theory and bottom-up spillover theory, it also investigates tourism intensity (TI) as a m...
Sustainable tourism assessment models emphasize the need for holistic, integrated evaluations of tourism destinations, particularly in mature and mass tourism areas. While best practices can be shared, each destination requires a tailored approach, considering its unique features like infrastructure and natural assets. Research shows that sustainable tourism should involve continuous evaluation rather than a on...
This paper studies the hedge against falling oil prices and the safe haven properties of fourteen major country-specific real estate investment trusts (REITs) indices for the Asian, American, European, and worldwide geographies. Our analyses are performed from both, returns and conditional volatility perspectives. Our sample spans from January 2016 until August 2022, covering the COVID-19 pandemics and the ongo...
Since the construction of Faro Airport in 1965, the Algarve has developed into a mass tourism (Costa, 2005) and sun, sea and sand destination (Do Valle et al., 2012), becoming one of the most popular tourist destinations in Europe (Andraz & Rodrigues, 2016), and a crucial one for Portugal (Soler et al., 2019). The 5,412 square kilometre region has several features contributing to its atractiveness, such as mild...
Since the construction of Faro Airport in 1965, the Algarve has developed into a mass tourism (Costa, 2005) and sun, sea and sand destination (Do Valle et al., 2012), becoming one of the most popular tourist destinations in Europe (Andraz & Rodrigues, 2016), and a crucial one for Portugal (Soler et al., 2019). The 5,412 square kilometre region has several features contributing to its atractiveness, such as mild...
Green infrastructure provides ecosystem services (ESs) and disservices (EDSs), although EDSs are understudied. By considering both, this study contributes to the literature. The inhabitants' perception of the importance of ESs/EDSs is assessed through a survey in two Portuguese cities facing extreme climatic events. "Heat reduction" and "contact with nature" are the most perceived ESs while "risk of fire" and "...
This paper investigates the tail dependence dynamics and asymmetric risk spillovers between the futures of four important precious metals (gold, silver, platinum, and palladium) and seven leading currencies (EUR, GBP, JPY, CAD, AUD, CHF, and CNY) before and during the COVID-19 crisis using the time-varying-parameter copula and the conditional Value-at-Risk (CoVaR) method. The results show the symmetric dependen...
the quality of life (QoL) in cities has increasingly been used as a symbol of urban success. Studies addressing this issue tend to focus, however, on large cities and/or on cities from different countries. By using a set of data from a single country, comprehending cities with different population sizes and densities, observations for 11 performance dimensions, and an approach combining the Data Envelopment Ana...