Cultural Tourism: Income Contribution of Regional Cultural Heritage Resources and Value Chain Consumption in Nigeria
dc.creator | UGOCHUKWU OKORO, DR. (MRS.) CHIGOZIE | |
dc.creator | A. IGBOJEKWE, ASSOC PROF. POLYCARP | |
dc.creator | AKPANABIA, DR. NSISUK HARRISON | |
dc.creator | UKABUILU, DR. EMMANUEL | |
dc.date | 2022-01-22 | |
dc.date.accessioned | 2023-08-20T06:04:45Z | |
dc.date.available | 2023-08-20T06:04:45Z | |
dc.description | The study focused on determining income contribution of regional cultural heritage resources and value chain consumption in Nigeria. The objective is to find index contribution of tourist spending during cultural heritage events (i.e. cultural heritage resources and value chain consumption) on personal income of individuals in each region. Data set of 4,750 responses was subjected to simple frequency statistics and descriptive analysis. This research revealed individual region ability (capture rate) to convert cultural heritage resources or value chain to earnings. These are South East = 34.8%; South-South = 59.6%; South West = 60.68% and North Central = 58.5%. Thus for every ₦1.00 spend by individual tourist on the cultural heritage value chain in South East region adds ₦29.23 kobo to secondary effects (i.e. well-being of individuals in the region, reducing cost of more cultural heritage consumable resources production, increasing earnings etc.). For every ₦1.00 spend by individual tourist on the cultural heritage value chain in South-South region adds ₦1.97 kobo to secondary effects. For every ₦1.00 spend by individual tourist on the cultural heritage value chain in South West region adds ₦5.00 kobo to secondary effects; and for every ₦1.00 spend by individual tourist on the cultural heritage value chain in North Central region adds ₦22.17 kobo to secondary effects. The study concludes that tourists’ consumption of region-specific cultural heritage resources as well as value chain makes significant index contribution to aggregate regional tourism income generation more especially personal income. Communities therefore need to understand the relative importance of tourism to their region, including tourism’s contribution to economic activity in the area. | en-US |
dc.format | application/pdf | |
dc.identifier | https://economics.academicjournal.io/index.php/economics/article/view/401 | |
dc.identifier.uri | http://dspace.umsida.ac.id/handle/123456789/6390 | |
dc.language | eng | |
dc.publisher | Academic Journal Incorporations | en-US |
dc.relation | https://economics.academicjournal.io/index.php/economics/article/view/401/389 | |
dc.rights | Copyright (c) 2022 DR. (MRS.) CHIGOZIE UGOCHUKWU OKORO, ASSOC PROF. POLYCARP A. IGBOJEKWE, DR. NSISUK HARRISON AKPANABIA, DR. EMMANUEL UKABUILU | en-US |
dc.rights | https://creativecommons.org/licenses/by/4.0 | en-US |
dc.source | Academic Journal of Digital Economics and Stability; Vol. 13 (2022): Academic Journal of Digital Economics and Stability (Spain); 95-108 | en-US |
dc.source | 2697-2212 | |
dc.title | Cultural Tourism: Income Contribution of Regional Cultural Heritage Resources and Value Chain Consumption in Nigeria | en-US |
dc.type | info:eu-repo/semantics/article | |
dc.type | info:eu-repo/semantics/publishedVersion | |
dc.type | Peer-reviewed Article | en-US |