Publication
The Quintessence of public finances: Sustainability dynamics in tourism financial analysis
| datacite.subject.sdg | 04:Educação de Qualidade | |
| datacite.subject.sdg | 08:Trabalho Digno e Crescimento Económico | |
| datacite.subject.sdg | 11:Cidades e Comunidades Sustentáveis | |
| dc.contributor.author | Lulaj, Enkeleda | en_US |
| dc.contributor.author | Lima Santos, Luís | |
| dc.contributor.author | Gomes, Conceição | |
| dc.contributor.author | Jha, Dipra | |
| dc.date.accessioned | 2025-03-31T09:54:08Z | |
| dc.date.available | 2025-03-31T09:54:08Z | |
| dc.date.issued | 2024-11-21 | en_US |
| dc.date.updated | 2025-03-25T15:33:41Z | |
| dc.description.abstract | Tourism plays a crucial role in driving economic development, and there is a growing demand to integrate sustainability into the sector, particularly in the financial practices of governments. This study introduces the Quintessence Sustainable Tourism Public Finances (QSustainableTPF) model, which combines five established financial models commonly used in the tourism industry. The research aims to identify statistically significant relationships between these models and assess their impact on sustainability and financial performance in tourism. A quantitative methodology was employed, with data collected from financial reports and budget documents of both local and central governments, along with a survey of 2099 citizens and visitors conducted during the 2023–2024 period. Statistical analysis was performed using SPSS and AMOS, incorporating exploratory factor analysis (EFA), reliability testing using Cronbach’s alpha, and confirmatory factor analysis (CFA). The findings underscore the essential role of public finance in supporting tourism sustainability, particularly through transparent budgetary practices, efficient allocation of resources, and targeted investment in local tourism initiatives. The analysis reveals key insights into the benefits of financial transparency, citizen-centred budgeting, and the promotion of innovation in tourism finance. The interconnectedness of the five models highlights the importance of responsible public financial management in fostering tourism growth, enhancing investment, and ensuring long-term financial sustainability in the sector. The study offers practical implications for policymakers, advocating for the adoption of transparent and innovative financial practices to boost tourism development. It also recommends further research to broaden the scope across different regions, integrating additional public finance dimensions to strengthen sustainable tourism growth. | eng |
| dc.description.version | info:eu-repo/semantics/publishedVersion | |
| dc.identifier.citation | Lulaj E, Lima Santos L, Gomes C, Jha D. (2024). The Quintessence of public finances: Sustainability dynamics in tourism financial analysis. Journal of Infrastructure, Policy and Development. 8(14): 9489 | |
| dc.identifier.doi | 10.24294/jipd9489 | en_US |
| dc.identifier.issn | 2572-7931 | en_US |
| dc.identifier.issn | 2572-7923 | en_US |
| dc.identifier.slug | cv-prod-4316057 | |
| dc.identifier.uri | http://hdl.handle.net/10400.8/12732 | |
| dc.language.iso | eng | |
| dc.peerreviewed | yes | |
| dc.publisher | EnPRESS | |
| dc.relation | Centre for Tourism Research, Development and Innovation | |
| dc.relation.hasversion | https://systems.enpress-publisher.com/index.php/jipd/article/view/9489 | |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | |
| dc.subject | Public finance | |
| dc.subject | Tourism financial model | |
| dc.subject | Financial sustainability | |
| dc.title | The Quintessence of public finances: Sustainability dynamics in tourism financial analysis | en_US |
| dc.type | research article | en_US |
| dspace.entity.type | Publication | |
| oaire.awardTitle | Centre for Tourism Research, Development and Innovation | |
| oaire.awardURI | info:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04470%2F2020/PT | |
| oaire.citation.issue | 14 | en_US |
| oaire.citation.startPage | 9489 | |
| oaire.citation.title | Journal of Infrastructure, Policy and Development | en_US |
| oaire.citation.volume | 8 | en_US |
| oaire.fundingStream | 6817 - DCRRNI ID | |
| oaire.version | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |
| person.familyName | Lima Santos | |
| person.familyName | Gomes | |
| person.givenName | Luís | |
| person.givenName | Conceição | |
| person.identifier | 1269004 | |
| person.identifier.ciencia-id | 1A1E-830E-DF42 | |
| person.identifier.ciencia-id | DA19-611B-AFAB | |
| person.identifier.orcid | 0000-0002-6652-7601 | |
| person.identifier.orcid | 0000-0001-5715-8384 | |
| person.identifier.rid | F-4413-2017 | |
| person.identifier.scopus-author-id | 57196741324 | |
| project.funder.identifier | http://doi.org/10.13039/501100001871 | |
| project.funder.name | Fundação para a Ciência e a Tecnologia | |
| rcaap.cv.cienciaid | 1A1E-830E-DF42 | Luís Filipe Marinho Lima Santos | |
| rcaap.rights | openAccess | en_US |
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