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Determinants of corporate adaptation to climate change in winter tourism: an econometric analysis


Hoffmann, V H; Sprengel, D C; Ziegler, A; Kolb, M; Abegg, B (2009). Determinants of corporate adaptation to climate change in winter tourism: an econometric analysis. Global Environmental Change, 19(2):256 -264.

Abstract

While corporate adaptation strategies in response to climate change have been characterized, the determinants of adaptation have not been comprehensively analyzed. Knowledge of these determinants is particularly useful for policy makers to provide favorable conditions in support of corporate adaptation measures. Based on unique data from a survey of Swiss ski lift operators, this paper empirically examines such determinants at the business level. Our econometric analysis with linear regression and count data
models finds a positive influence of the awareness of possible climate change effects on the scope of corporate adaptation. Surprisingly, no significant influence of the vulnerability to climate change effects on the scope of adaptation could be found. Finally, the dependency on the affected business and the ability to adapt influence the specific strategic directions of corporate adaptation.

Abstract

While corporate adaptation strategies in response to climate change have been characterized, the determinants of adaptation have not been comprehensively analyzed. Knowledge of these determinants is particularly useful for policy makers to provide favorable conditions in support of corporate adaptation measures. Based on unique data from a survey of Swiss ski lift operators, this paper empirically examines such determinants at the business level. Our econometric analysis with linear regression and count data
models finds a positive influence of the awareness of possible climate change effects on the scope of corporate adaptation. Surprisingly, no significant influence of the vulnerability to climate change effects on the scope of adaptation could be found. Finally, the dependency on the affected business and the ability to adapt influence the specific strategic directions of corporate adaptation.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:07 Faculty of Science > Institute of Geography
Dewey Decimal Classification:910 Geography & travel
Language:English
Date:2009
Deposited On:21 Jan 2010 21:18
Last Modified:05 Apr 2016 13:40
Publisher:Elsevier
ISSN:0959-3780
Publisher DOI:https://doi.org/10.1016/j.gloenvcha.2008.12.002

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