THE CAUSAL RELATIONSHIPS BETWEEN COMPONENTS OF CUSTOMER-BASED BRAND EQUITY FOR A DESTINATION: EVIDENCE FROM SOUTH KOREAN TOURISTS IN DANANG CITY, VIETNAM

Journal Title: Asian Economic and Financial Review - Year 2017, Vol 7, Issue 4

Abstract

The main purpose of this study is to examine the causal relationships between components of customer-based brand equity for a tourist destination. We have collected data from 252 South Korean tourists in Danang City and tested some hypotheses by applying structural equation modeling (SEM). Results show that: (1) destination brand awareness has a significant and positive effect on destination brand image, but not on destination perceived quality and destination brand loyalty; (2) destination brand image has positive and direct influences on destination perceived quality and destination brand loyalty; and (3) destination perceived quality has significant positive impacts on destination brand loyalty. Lastly, these findings have managerial implications for decision makers.

Authors and Affiliations

Tran Trung Vinh*| University of Economics, The University of Danang, Danang City, Vietnam, Vo Thi Quynh Nga| University of Economics, The University of Danang, Danang City, Vietnam, Nguyen Phuc Nguyen| University of Economics, The University of Danang, Danang City, Vietnam

Keywords

Related Articles

AN ANALYSIS OF PERCEPTIONS ON FINANCIAL EDUCATION AND ASSET BUILDING IN THE ALABAMA BLACK BELT

The study focused on analyzing perceptions on financial education and asset building in the Alabama Black Belt. Data were obtained from a convenience sample of 204 participants from several Alabama Black Belt counties. T...

ANALYSIS OF FISCAL DEFICIT SUSTAINABILITY IN NIGERIAN ECONOMY: AN ERROR CORRECTION APPROACH

The study investigates the sustainability of fiscal policy in Nigeria over the period of 1980-2010 to determine whether or not the government has violated intertemporal government budget constraint. Using error correctio...

A REGRESSION BASED APPROACH TO CAPTURING THE LEVEL DEPENDENCE IN THE VOLATILITY OF STOCK RETURNS

In this paper, we propose an alternative approach to work with the new covariance estimator Cov Ratio based on daily high-low prices that we had put forth in an earlier study (Lakshmi and Maheswaran, 2016). Using the GAR...

EVA VERSUS OTHER PERFORMANCE MEASURES

Create value not only intended to satisfy shareholders. This is also the way to ensure the ability of the company to ensure its sustainability and finance its growth. The company will not attract new capital if it destro...

A Co-integration Analysis of the Dominican Republic’s Aggregate Import Demand Function under a Floating Exchange Rate Regime

This paper presents an empirical examination of the responsiveness of aggregate imports to variations in relative prices and domestic economic activity in the Dominican Republic under a floating exchange rate regime impl...

Download PDF file
  • EP ID EP2346
  • DOI -
  • Views 511
  • Downloads 42

How To Cite

Tran Trung Vinh*, Vo Thi Quynh Nga, Nguyen Phuc Nguyen (2017). THE CAUSAL RELATIONSHIPS BETWEEN COMPONENTS OF CUSTOMER-BASED BRAND EQUITY FOR A DESTINATION: EVIDENCE FROM SOUTH KOREAN TOURISTS IN DANANG CITY, VIETNAM. Asian Economic and Financial Review, 7(4), 358-367. https://europub.co.uk/articles/-A-2346