Did 9/11 change the New York state of mind? Lessons from NYC's leisure and hospitality labour market
Department
Political Science and International Affairs
Document Type
Article
Publication Date
8-31-2015
Abstract
The authors show that the terrorist attacks of September 11, 2001 caused a permanent structural break in NYC's leisure and hospitality labour market. This structural break is visible from both an interrupted time-series perspective and a comparison with NYC's overall economic development. Assuming that the labour market dynamics of the leisure and hospitality industry mirror a city's feel in the hedonism–asceticism spectrum, the authors conclude that the 9/11 terrorist attacks have permanently shifted 'New York's state of mind' from hedonism towards asceticism. These results suggest that greater attention must be given to the formulation of effective industry marketing strategies in response to the legacy of urban terrorism.
Journal Title
Tourism Economics
Journal ISSN
1354-8166
Volume
20
Issue
4
First Page
831
Last Page
848
Digital Object Identifier (DOI)
10.5367/te.2013.030