Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Aguiar, M., and Hurst, E. (2007). “Measuring Trends in Leisure: The Allocation of Time over Five Decades,” Quarterly Journal of Economics, 233)(August).
Aguilera, R. F., and Radetzki, M. (2016). The Price of Oil. New York: Cambridge University Press.
Appenzeller, T. (2004). “The End of Cheap Oil,” National Geographic, June.
Bakker, G. (2011). “Leisure Time, Cinema, and the Structure of Household Entertainment Expenditure,” 1890–1940,” in S. Cameron, ed. Handbook on the Economics of Leisure. Cheltenham, UK: Edward Elgar.
Ball, J. (2004). “As Prices Soar, Doomsayers Provoke Debate on Oil’s Future,” Wall Street Journal, September 21.
Barrett, N. S. (1974). The Theory of Microeconomics Policy. Lexington, MA: Heath.
Becker, G. S. (1965). “A Theory of the Allocation of Time,” Economic Journal LXXV(299)(September):493–517.
Bell, L. A., and Freeman, R. B. (2000). “The Incentive for Working Hard: Explaining Hours Worked Differences in the U.S. and Germany,” NBER Working Paper 8051 (December). New York: National Bureau of Economic Research (www.nber.org).
Benoit, D. (2016). “Finance’s Hot New Metric: ROIC,” Wall Street Journal, May 4.
Blackman, A. (2014). “Can Money Buy You Happiness?,” Wall Street Journal, November 10.
Broad, W. J. (2010). “Tracing Oil Reserves to Their Tiny Origins,” New York Times, August 3.
Bryce, R. (2008). Gusher of Lies: The Dangerous Delusions of “Energy Independence.” New York: Public Affairs.
Bull, A. O. (1995). The Economics of Travel and Tourism, 2nd ed. Melbourne: Longman Australia.
Button, K. J. (2013). “Transport and Energy,” in De Palma et al., eds. (2013).
Button, K. J. (2010). Transport Economics, 3rd ed. Cheltenham, UK and Northampton, MA: E. Elgar.
Button, K. J. (1993). Transport Economics, 2nd ed. Cheltenham, UK and Northampton, MA: E. Elgar.
Cameron, D., Spector, M., and Nicas, J. (2011). “American Lands in Bankruptcy,” Wall Street Journal, November 30.
Corsi, J. R., and Smith, C. R. (2005). Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil. Nashville, TN: WND Books (Cumberland House).
Carter, T. J., and Gilovich, T. (2010). “The Relative Relativity of Material and Experiential Purchases,” Journal of Personality and Social Psychology, 98(1).
Cochrane, J. H. (2011). “Discount Rates,” Journal of Finance, 66(4) (August).
Cox, W. M., and Alm, R. (2007). “Opportunity Knocks,” 2007 Annual Report, Federal Reserve Bank of Dallas.
Costa, D. L. (1997). “Less of a Luxury: The Rise of Recreation Since 1888,” NBER Working Paper 6054 (June).
Deffeyes, K. S. (2005). Beyond Oil: the View from Hubbert’s Peak. New York: Farrar, Strauss, Geroux (Hill and Wang).
Deffeyes, K. S. (2003). Hubbert’s Peak: The Impending World Oil Shortage. Princeton (N.J.): Princeton University.
De Grazia, S. (1962). Of Time, Work and Leisure. New York: Twentieth Century Fund.
DeSerpa, A. C. (1971). “A Theory of the Economics of Time,” Economic Journal (December):828–46.
El-Gamal, M. A. and Jaffe, A. M. (2010). Oil, Dollars, Debt, and Crises: the Global Curse of Black Gold. New York: Cambridge University Press.
Epstein, A. (2014). The Moral Case for Fossil Fuels. New York: Portfolio/Penguin.
Fallows, J. (2012). “China Takes Off,” Popular Science, May.
Gabaix, X. (2009). “Power Laws in Economics and Finance,” Annual Review of Economics, 1255–93.
Ghez, G. R., and Becker, G. S. (1975). The Allocation of Time and Goods Over the Life Cycle. New York: National Bureau of Economic Research.
Gibbs, N. (1989). “How America Has Run Out of Time,” Time, 133(17)(April 24).
Gilder, G. (2018). Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy. Washington, DC. Regenery.
Gladwell, M. (2006). “The Risk Pool,” The New Yorker, August 28.
Gold, R., and Davis, A. (2007). “Oil Officials See Limit Looming on Production,” Wall Street Journal, November 19.
Goodstein, D. (2004). Out of Gas: The End of the Age of Oil. New York: W. W. Norton.
Graham, D. J., and Glaister, S. (2002). “The Demand for Automobile Fuel: A Survey of Elasticities,” Journal of Transport Economics and Policy, 36(1)(January).
Grimsley, K. D. (1998). “An Ocean of Difference in Vacation Time,” The Washington Post, June 30.
Hallett, S., and Wright, J. (2011). Life Without Oil: Why We Must Shift to a New Energy Future. Amherst, NY: Prometheus.
Hamermesh, D. S. (2019). Spending Time: The Most Valuable Resource. New York: Oxford University Press.
Hanlon, P. (1996, 1999 2nd ed., 3rd ed. 2007). Global Airlines: Competition in a Transnational Industry. Oxford, UK: Butterworth-Heinemann.
Harris, L. (1995). The Harris Poll 1995, # 68. New York: Louis Harris & Associates, Inc.
Hedges, J. N., and Taylor, D. E. (1980). “Recent Trends in Worktime: Hours Edge Downward,” Monthly Labor Review, 103(3)(March).
Helman, C. (2013). “Green Oil: Scientists Turn Algae Into Petroleum in 30 Minutes,” Forbes, December 23.
Helman, C. (2009). “Crude Cassandra,” Forbes, 183(4)(March 2).
Henig, R. M. (2008). “Taking Play Seriously,” New York Times, February 17.
Hensher, D. A. (2013). “Valuation of Travel Time Savings,” in De Palma et al., eds. (2013).
Hicks, B, and Nelder, C. (2008). Profit From the Peak: The End of Oil and the Greatest Investment Event of the Century. Hoboken, NJ: John Wiley & Sons (Angel).
Huber, P. and Mills, M. (2005). “Oil, Oil, Everywhere…,” Wall Street Journal, January 27, and The Bottomless Well: The Twilight of Fuel, The Virtue of Waste, and Why we Will Never Run Out of Energy. New York: Basic Books.
Jacobs, J. A., and Gerson, K. (1998). “Who Are the Overworked Americans?” Review of Social Economy, vol LVI (4)(Winter).
Jorgenson, F., and Preston, J. (2007). “The Relationship Between Fare and Travel Distance,” Journal of Transport Economics and Policy, 41(3)(September).
Juster, F. T., and Stafford, F. P. (1991). “The Allocation of Time: Empirical Findings, Behavioral Models, and Problems of Measurement,” Journal of Economic Literature, June, vol. 29.
Kaplan, M. (1960). Leisure in America: A Social Inquiry. New York: John Wiley & Sons.
Kroll, S. (2011). “The Decline in Work Hours During the 2007–09 Recession,” Monthly Labor Review, 134(4)(April).
Lancaster, K. J. (1971). Consumer Demand: A New Approach. New York: Columbia University Press.
Lancaster, K. J. (1966). “A New Approach to Consumer Theory,” Journal of Political Economy, 84.
Landler, M. (2004). “Europe Reluctantly Deciding it Has Less Time for Time Off,” New York Times, July 7.
Levy, H., and Sarnat, M. (1972). Investment and Portfolio Analysis. New York: Wiley.
Linder, S. B. (1970). The Harried Leisure Class. New York: Columbia University Press.
Luskin, D. L., and Warren, M. (2015). “The Shale Boom Shifts Into Higher Gear,” Wall Street Journal, June 1.
Lynch, M. C. (2015). The “Peak Oil” Scare and the Coming Oil Flood. Santa Barbra, CA: Praeger (ABC-Clio).
Maass, P. (2005). “The Breaking Point,” New York Times, August 21.
Mann, C. C. (2013). “What if We Never Run Out of Oil?,” The Atlantic, May.
Maxwell, C. T. (2004). “The Gathering Storm,” Barron’s, November 15.
McGrattan, E. R., and Rogerson, R. (2004). “Changes in Hours Worked, 1950–2000,” Quarterly Review, Federal Reserve Bank of Minneapolis, 28(1)(July).
McKay, B, and Dvorak, P. (2020). “A Pandemic Was Inevitable, Why Was No One Ready,” Wall Street Journal, August 14.
McKillop, A., ed. (2005). The Final Energy Crisis. Ann Arbor, MI: Pluto Press.
McTague, J. (2005). “Going Underground,” Barron’s, January 3.
Mills, M. P. (2017). “Saudi Arabia Puts U.S. Energy Producers to a Test – and They Ace It,” Wall Street Journal, March 28.
Mills, R. M. (2008). The Myth of the Oil Crisis: Overcoming the Challenges of Depletion, Geopolitics, and Global Warming. Westport, CT: Praeger.
Okubo, S., and Planting, M. A. (1998). “U.S. Travel and Tourism Satellite Accounts for 1992” Survey of Current Business. Washington, DC: U.S. Department of Commerce, Bureau of Economic Analysis, (July).
Owen, J. D. (1988). “Work-Time Reduction in the U.S. and Western Europe,” Monthly Labor Review, 111(12)(December).
Owen, J. D. (1976). “Workweeks and Leisure: An Analysis of Trends, 1948–75,” Monthly Labor Review, 99(8)(August).
Owen, J. D. (1970). The Price of Leisure. Montreal: McGill-Queen’s University Press.
Pieper, J. (2009). Leisure: The Basis of Culture. San Francisco: Ignatius Press (original ed. Random House 1963).
Pine, B. J., and Gilmore, J. H. (1998). “Welcome to the Experience Economy,” Harvard Business Review, July–August.
Radetzki, M. (2010). “Peak Oil and Other Threatening Peaks – Chimeras Without Substance,” Energy Policy, 38(11).
Ramey, V. A., and Francis, N. (2009). “A Century of Work and Leisure,” American Economic Journal: Macroeconomics, 1(2)(July).
Reed, S. (2010). “Endless Oil,” BusinessWeek, January 7.
Rickards, J. (2021). The New Great Depression: Winners and Losers in a Post-Pandemic World. New York: Portfolio/Penguin.
Roberts, K., and Rupert, P. (1995). “The Myth of the Overworked American,” Economic Commentary. Cleveland: Federal Reserve Bank of Cleveland, January 15.
Robinson, J. P. (1989). “Time’s Up,” American Demographics, 11(7)(July).
Robinson, J. P., and Godbey, G. (1997). Time for Life: The Surprising Ways Americans Use Their Time. University Park, PA: Penn State Press.
Rojek, C. (2010). The Labour of Leisure: The Culture of Free Time. London: Sage.
Rones, P.L., Ilg, R. E., and Gardner, J. M. (1997). “Trends in Hours of Work Since the Mid-1970s,” Monthly Labor Review, BLS, April.
Rybczynski, W. (1991). “Waiting for the Weekend,” The Atlantic Monthly, 268(2)(August), and Waiting for the Weekend (New York: Viking).
Saleri, N. G. (2008). “The World Has Plenty of Oil,” Wall Street Journal, March 4.
Schafer, A. (2000). “Regularities in Travel Demand: An International Perspective,” Journal of Transportation and Statistics, (December). Washington, DC: U.S. Department of Transportation, Bureau of Transportation Statistics.
Schafer, A., and Victor, D. (1997). “The Past and Future of Global Mobility,” Scientific American, 277(4) (October).
Schor, J. B. (1991). The Overworked American: The Unexpected Decline of Leisure. New York: Basic Books.
Schwartz, N. D. (2008). “American Energy Policy, Asleep at the Spigot,” New York Times, July 6.
Scitovsky, T. (1976). The Joyless Economy. New York: Oxford University Press.
Sharp, C. H. (1981). The Economics of Time. Oxford, UK: Martin Robertson.
Shelley, K. J. (2005). “Developing the American Time Use Survey Activity Classification System,” Monthly Labor Review, (June), U. S. Department of Labor.
Simmons, M. R. (2005). Twilight in the Desert: The Coming Saudi Oil Shock. Hoboken, N.J.: John Wiley & Sons.
Smith, S. J. (1986). “The Growing Diversity of Work Schedules,” Monthly Labor Review, November, 109(11).
Sorkin, A. R. (2004). “Regulators Will Decide Fate of Bid for Mandalay,” New York Times, June 15.
Spring, J. (1993). “Seven Days of Play,” American Demographics, 15(3), March.
Surdam, D. S. (2015). Century of the Leisured Masses: The Rise of Leisure in Twentieth-Century America. New York: Oxford University Press.
Tertzakian, P. (2006). A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World. New York: McGraw-Hill.
Thomas, E. (2020). The Meaning of Travel: Philosophers Abroad. Oxford: Oxford University Press.
Torkildsen, G. (1999). Leisure and Recreation Management, 4th ed. London and New York: SPON Press and Routledge.
Trost, C. (1986). “All Work and No Play? New Study Shows How Americans View Jobs,” Wall Street Journal, December 30.
Uichitelle, L. (2006). “Seizing Intangibles for the G.D.P.,” New York Times, April 9.
Van Boven, L., and Gilovich, T. (2003). “To Do or to Have: That Is the Question,” Journal of Personality and Social Psychology, 85.
Veal, A. J. (2007). “Economics of Leisure,” in C. Rojek et al. (2007).
Veblen, T. (1899). The Theory of the Leisure Class. New York: Macmillan (paperback, New American Library, 1953).
Werner, R. A. (2005). New Paradigm in Macroeconomics: Solving the Riddle of Japanese Macroeconomic Performance. Houndmills, U.K.: Palgrave Macmillan.
Williamson, O. E. (1968). “Economies as an Antitrust Defense,” American Economic Review, 58(1) (March).
Winston, C. (2013). “On the Performance of the U.S. Transportation System: Caution Ahead,” Journal of Economic Literature, 51(3)(September).
Yergin, D. (2020). “The New Geopolitics of Energy,” Wall Street Journal, September 12.
Zeisel, J. S. (1958). “The Workweek in American Industry 1850–1956,” in Mass Leisure, Larrabee, E., and Meyerson, R., eds. Glencoe, IL: The Free Press.
Zencey, E. (2009). “G.D.P. R.I.P.,” New York Times, August 10.
Further Reading
Aeppel, T. (2015). “U.S. Productivity: Missing or in Hinding?” Wall Street Journal, July 17.
Aguiar, M., Hurst, E., and Karababounis, L. (2013). “Time Use During the Great Recession,” American Economic Review, 103(5)(August).
Aron, C. S. (1999). Working at Play: A History of Vacations in the United States. New York: Oxford University Press.
Athavaley, A. (2007). “Vacation Deflation: Breaks Get Shorter,” Wall Street Journal, August 15.
Burton, J. S., and Toth, J. R. (1974). “Forecasting Long-Term Interest Rates,” Financial Analysts Journal, 30(5)(September/October):73–87.
Button, K. (2005). “The Economics of Cost Recovery in Transport,” Journal of Transport Economics and Policy, 39(3)(September).
Clemence, S. (2013). “Bringing Back the No-Stigma Extended Vacation,” Wall Street Journal, June 29.
Cooke, A. (1994). The Economics of Leisure and Sport. London: International Thomson Publishing Company.
Elliott, J. (1997). Tourism: Politics and Public Sector Management. London and New York: Routledge.
Han, X., and Fang, B. (1998). “Measuring Transportation in the U.S. Economy,” Journal of Transportation Statistics (June). Washington, DC: U.S. Department of Transportation, Bureau of Transportation Statistics.
King, N. Jr. (2007). “Saudi Industrial Drive Strains Oil-Export Role,” Wall Street Journal, December 12.
Kirkland, K. (2000). “On the Decline in Average Weekly Hours Worked,” Monthly Labor Review, 123(7)(July).
Lundberg, D. E., Stavenca, M. H., and Krishnamoorthy, M. (1995). Tourism Economics. New York: John Wiley & Sons.
Marano, H. E. (1999). “The Power of Play,” Psychology Today, 32(4)(August).
Mason, J. (2012). “AMR and the Return of the Bare-Knuckled Bankruptcy,” The Deal Magazine, February 6.
McCarthy, P. S. (2001). Transportation Economics. Theory and Practice: A Case Study Approach. Oxford, UK: Blackwell.
McDowell, E. (1997). “The Abbreviated Tourist: Americans Are So Busy with So Many Places to Go,” New York Times, July 31.
Miller, C. C. (2020). “The Five-Day Office Week May be Over,” New York Times July 6.
Naisbitt, J. (1994). Global Paradox. New York: Morrow.
Owen, J. D. (1971). “The Demand for Leisure,” Journal of Political Economy, 79(1)(January/February).
Paulin, G. D. (2015). “Travel Expenditures, 2005–2013: Domestic and International Patterns in Recession and Recovery,” Monthly Labor Review, March.
Reilly, R. F., and Schweihs, R. P. (1999). Valuing Intangible Assets. New York: McGraw-Hill.
Rhoads, C. (2002). “Short Work Hours Undercut Europe in Economic Drive,” Wall Street Journal, August 8.
Roberts, P. (2004). The End of Oil: On the Edge of a Perilous New World. Boston: Houghton Mifflin.
Robinson, J. P., Martin, S., Glorieux, I., and Minnen, J. (2011). “The Overestimated Workweek Revisited,” Monthly Labor Review , 134(6)(June).
Scott, J. (1999). “Working Hard, More or Less,” New York Times, July 10.
Smith, G. V., and Parr, R. L. (1994). Valuation of Intellectual Property and Intangible Assets, second ed. New York: John Wiley & Sons.
Stopher, P., and Stanley, J. (2014). Introduction to Transport Policy. Cheltenham, UK: Edward Elgar.
“Study of Travel and Tourism,” The Economist, January 10, 1998 and, March 21, 1991.
Thomas, E. (2020). The Meaning of Travel: Philosophers Abroad. Oxford: Oxford University Press.
Tribe, J. (2011). The Economics of Recreation, Leisure and Tourism. Oxford: Butterworth-Heinemann/Elsevier.
Toossi, M. (2012). “Labor Force Projections to 2020: A More Slowly Growing Workforce,” Monthly Labor Review, 135(1)(January).
Tungate, M. (2018). The Escape Industry: How Iconic and Innovative Brands Built the Travel Business. New York: Kogan Page.
Varchaver, N. (2004). “How to Kick the Oil Habit,” Fortune, 150(4)(August 24).
Vitello, P. (2008). “More Americans Are Giving Up Golf,” New York Times, February 21.
Whaples, R. M. (1990). “The Shortening of the American Work Week: An Economic and Historical Analysis of Its Context, Causes, and Consequences,” https://repository.upenn.edu/dissertations/AAI9026669/
Winston, C. (1985). “Conceptual Developments in the Economics of Transportation: An Interpretive Survey,” Journal of Economic Literature, 23.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2021 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Vogel, H.L. (2021). Economic Perspectives. In: Travel Industry Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-63351-6_1
Download citation
DOI: https://doi.org/10.1007/978-3-030-63351-6_1
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-63350-9
Online ISBN: 978-3-030-63351-6
eBook Packages: Economics and FinanceEconomics and Finance (R0)