... and applies quantile regressions and threshold analyses to account for distributional and regime-based heterogeneity. It further applies the Huber−White Sandwich Robust Estimator for robustness checks and correction of potential heteroskedasticity. Findings The findings reveal that tourism development...

... To calculate the effects of various variables on the resilience of German regions against the Great Recession, the authors use quantile regressions. To measure resilience, the authors create a number of indexes representing different parts of the economy: resistance performance index, recovery performance...