Abstract
ABSTRACT Climate change threatens the economic performance of ski resorts, and therefore the economies of mountain regions. Increased snowmaking is the leading adaptation strategy, but its economic contribution remains unclear. To fill this gap, we used dynamic panel data modelling to analyse the economic performance of 56 French Alpine ski lift operators over a 15-year period (2004/05 to 2018/19). Economic performance remains strongly linked to ski lift capacity and shows a high degree of persistence over time, all other things being equal. No evidence has been found that increased investment in snowmaking improves resort sales or profits, even in the worst natural snow seasons. These results strongly challenge the idea that increased snowmaking is an effective economic adaptation to climate change.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
