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Article

System Dynamics Approach to TALC Modeling

by 1 and 2,*
1
Department of Business Informatics, Faculty of Economics, Business and Tourism, University of Split, 21000 Split, Croatia
2
Department of Tourism and Economy, Faculty of Economics, Business and Tourism, University of Split, 21000 Split, Croatia
*
Author to whom correspondence should be addressed.
Academic Editors: Bart Neuts, João Martins, Milada Šťastná and John Martin
Sustainability 2021, 13(9), 4803; https://doi.org/10.3390/su13094803
Received: 19 March 2021 / Revised: 13 April 2021 / Accepted: 21 April 2021 / Published: 25 April 2021
The system dynamics applied in this research on modeling a tourist destination (area) life cycle (TALC) contributes to understanding its behavior and the way that information feedback governs the use of feedback loops, delays and stocks and flows. On this basis, a system dynamic three-staged TALC model is conceptualized, with the number of visitors V as an indicator of the carrying capacities’ dynamics and the flow function V(t) to determine the TALC stages. In the first supply-dominance stage, the model indicated that arrivals are growing until the point of inflexion. After this point, arrivals continue growing (but with diminishing growth rates), indicating the beginning of the demand-dominance stage, ending up with the saturation point, i.e., the maximum number of visitors. The simulated TALC system dynamics model was then applied to five EU destinations (Living Labs) to explain their development along the observed period (2007–2019). The analysis revealed that all observed Living Labs reached the second lifecycle stage, with one entered as early as in 2015 and another in 2018. Lifecycle stage durations may significantly differ across the destinations, as do the policies used either to prevent stagnation or to restructure the offer to become more sustainable and resilient. View Full-Text
Keywords: system dynamics; TALC system dynamics model; living labs/destinations system dynamics; TALC system dynamics model; living labs/destinations
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MDPI and ACS Style

Hell, M.; Petrić, L. System Dynamics Approach to TALC Modeling. Sustainability 2021, 13, 4803. https://doi.org/10.3390/su13094803

AMA Style

Hell M, Petrić L. System Dynamics Approach to TALC Modeling. Sustainability. 2021; 13(9):4803. https://doi.org/10.3390/su13094803

Chicago/Turabian Style

Hell, Marko, and Lidija Petrić. 2021. "System Dynamics Approach to TALC Modeling" Sustainability 13, no. 9: 4803. https://doi.org/10.3390/su13094803

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