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Going Local? Linking and Integrating Second-Home Owners with the Community’s Economy

A comparative study between Finnish and Polish second-home owners

by Adam Czarnecki (Author)
©2018 Monographs 344 Pages
Series: Polish Studies in Economics, Volume 9

Summary

This book analyses how deeply Finnish and Polish second-home owners are integrated into the community’s economy. It evaluates second homes considered as a dynamically growing constituent of rural landscape in Europe. The author examines what the key drivers of the consumer’s behaviour are, and what the impact of their spending is on the local economy. He utilizes a variety of analytical methods, i.e. classification trees, cluster analysis, regression models, Engel curves and statistical tests. His analysis is nested in microeconomic and consumer theories, tourism and rural studies. The research findings lead to the general conclusion on the consumption convergence that despite contrasting cultural, social and economic backgrounds as well as clear differences in the second home functioning, Finnish and Polish second-home owners are similar to a large extent, in terms of consumer behaviour.
«The monograph is well positioned at the outset with respect to rural social and economic change. This is a solid piece of research that significantly furthers the understanding of economic linkage of second homes in Poland and Finland, and should be valued for its potential contributions to policy and regional development.»
«Professor C. Michael Hall, University of Canterbury»
«The book comprises a thorough investigation of the economic relationship between second homes and rural areas at the local level. The study, for the first time, provides a detailed analysis of informal purchasing in the context of second homes. This significant finding should be taken seriously by rural developers and policy makers in both countries.»
«PhD, Kati Pitkänen, Finnish Environmental Institute»
«This work is very useful in empirical, descriptive, analytical, methodological and practical terms. The monograph provides comprehensive and detailed characteristics of the widespread second-home phenomenon in two European countries as well as the assessment of its impact on the local, mostly rural, economy.»
«Professor Jerzy Wilkin, Institute of Rural and Agricultural Development, Polish Academy of Sciences»

Table Of Contents

  • Cover
  • Title
  • Copyright
  • About the author
  • About the book
  • This eBook can be cited
  • Table of contents
  • Tables, maps and figures in this book
  • Abstract
  • Preface
  • Acknowledgements
  • 1. Background
  • 1.1 European rural areas in transition: towards post-productivist and multifunctional countryside
  • 1.2 Contrasting contexts? Rationale for the Finnish-Polish comparison
  • 1.3 Second homes as an ever-growing phenomenon: key-drivers, scale and spatial patterns in Finland and Poland
  • 1.4 Rationale
  • 2. Research design
  • 2.1 Scope of the study
  • 2.2 Main purpose
  • 2.3 Research objectives
  • 2.4 Hypotheses
  • 2.5 Methodology
  • 2.6 Terms and definitions
  • 2.7 Municipalities surveyed: criteria and selection
  • 2.8 Sample characteristics
  • 3. Theoretical framework: key theories, concepts and literature overview
  • 3.1 Factors and preconditions influencing second-home owners’ spending patterns (DETERMINANTS)
  • 3.1.1 Demographic and socio-cultural factors
  • 3.1.2 Economic factors
  • 3.1.3 Psychological factors
  • 3.1.4 Additional factors
  • 3.2 Second-home owners’ spending patterns (PERFORMANCE)
  • 3.2.1 Engel’s laws and curves
  • 3.2.2 Income elasticity of demand
  • 3.2.3 Consumption theories
  • 3.2.4 Consumption tendencies
  • 3.3 Second-home owners’ local purchasing and its importance for the local economy (IMPACT)
  • 3.3.1 Second homes and local economic development (LED)
  • 3.3.2 Second homes and multifunctional rural development (functional diversification)
  • 3.3.3 Second homes and multifunctional agriculture
  • 3.3.4 Second homes, local food production systems and short supply chains
  • 3.3.5 Second homes and social enterprises/cooperatives
  • 4. Research findings
  • 4.1 Second-home owners’ local consumption patterns: factors and spending
  • 4.1.1 Non-annual/one-off expenses
  • 4.1.2 Annual/recurrent expenses
  • 4.1.3 Typology of second-home owners’ local consumption patterns (a consumer typology)
  • 4.1.4 Dynamics of second-home owners’ local consumption patterns by Engel’s laws/curves and income elasticity of demand
  • 4.1.5 Dynamics of second-home owners’ local consumption and satisfaction in light of the owner’s life stage and the family life-cycle perspective
  • 4.1.6 Informal purchasing: preconditions, scale, products and effects
  • 4.2 Second-home owner’s local economic performance: impact assessment
  • 4.2.1 Basic economic-impact multiplier
  • 4.2.2 Factors influencing local sales
  • 4.2.3 Economic-related impacts
  • 5. Discussion
  • 5.1 Determinants behind second-home owners’ local purchasing
  • 5.2 Second-home owners’ consumption patterns as a manifestation of (dis)integration with local economy
  • 5.3 Second-home owners’ spending and its impact on the local economy
  • 6. Conclusions
  • References
  • Appendix
  • Series index

Adam Czarnecki

Going Local? Linking and Integrating
Second-Home Owners with
the Community’s Economy

A Comparative Study between Finnish and
Polish Second-Home Owners

About the author

Adam Czarnecki is a Rural Geographer and Economist. He is a Senior Researcher at the Institute of Rural and Agricultural Development, Polish Academy of Sciences. He was successful in achieving a Postdoctoral Fellowship at the Karelian Institute at the University of Eastern Finland in Joensuu (2012-2014). His research interests include: second-home tourism, rural multifunctionality, rural entrepreneurship, local development, sustainable development and urbanization.

About the book

This book analyses how deeply Finnish and Polish second-home owners are integrated into the community’s economy. It evaluates second homes considered as a dynamically growing constituent of rural landscape in Europe. The author examines what the key drivers of the consumer’s behaviour are, and what the impact of their spending is on the local economy. He utilizes a variety of analytical methods, i.e. classification trees, cluster analysis, regression models, Engel curves and statistical tests. His analysis is nested in microeconomic and consumer theories, tourism and rural studies. The research findings lead to the general conclusion on the consumption convergence that despite contrasting cultural, social and economic backgrounds as well as clear differences in the second home functioning, Finnish and Polish second-home owners are similar to a large extent, in terms of consumer behaviour.

“The monograph is well positioned at the outset with respect to rural social and economic change. This is a solid piece of research that significantly furthers the understanding of economic linkage of second homes in Poland and Finland, and should be valued for its potential contributions to policy and regional development.”
Professor C. Michael Hall, University of Canterbury

“The book comprises a thorough investigation of the economic relationship between second homes and rural areas at the local level. The study, for the first time, provides a detailed analysis of informal purchasing in the context of second homes. This significant finding should be taken seriously by rural developers and policy makers in both countries.”
PhD, Kati Pitkänen, Finnish Environment Institute

“This work is very useful in empirical, descriptive, analytical, methodological and practical terms. The monograph provides comprehensive and detailed characteristics of the widespread second-home phenomenon in two European countries as well as the assessment of its impact on the local, mostly rural, economy.”
Professor Jerzy Wilkin, Institute of Rural and Agricultural Development, Polish Academy of Sciences

This eBook can be cited

This edition of the eBook can be cited. To enable this we have marked the start and end of a page. In cases where a word straddles a page break, the marker is placed inside the word at exactly the same position as in the physical book. This means that occasionally a word might be bifurcated by this marker.

Table of contents

Tables, maps and figures in this book

Abstract

Preface

Acknowledgements

1. Background

1.1 European rural areas in transition: towards post-productivist and multifunctional countryside

1.2 Contrasting contexts? Rationale for the Finnish-Polish comparison

1.3 Second homes as an ever-growing phenomenon: key-drivers, scale and spatial patterns in Finland and Poland

1.4 Rationale

2. Research design

2.1 Scope of the study

2.2 Main purpose

2.3 Research objectives

2.4 Hypotheses

2.5 Methodology

2.6 Terms and definitions

2.7 Municipalities surveyed: criteria and selection

2.8 Sample characteristics

3. Theoretical framework: key theories, concepts and literature overview

3.1 Factors and preconditions influencing second-home owners’ spending patterns (DETERMINANTS) ←5 | 6→

3.1.1 Demographic and socio-cultural factors

3.1.2 Economic factors

3.1.3 Psychological factors

3.1.4 Additional factors

3.2 Second-home owners’ spending patterns (PERFORMANCE)

3.2.1 Engel’s laws and curves

3.2.2 Income elasticity of demand

3.2.3 Consumption theories

3.2.4 Consumption tendencies

3.3 Second-home owners’ local purchasing and its importance for the local economy (IMPACT)

3.3.1 Second homes and local economic development (LED)

3.3.2 Second homes and multifunctional rural development (functional diversification)

3.3.3 Second homes and multifunctional agriculture

3.3.4 Second homes, local food production systems and short supply chains

3.3.5 Second homes and social enterprises/cooperatives

4. Research findings

4.1 Second-home owners’ local consumption patterns: factors and spending

Details

Pages
344
Year
2018
ISBN (PDF)
9783631729021
ISBN (ePUB)
9783631729038
ISBN (MOBI)
9783631729045
ISBN (Hardcover)
9783631729014
DOI
10.3726/b11463
Language
English
Publication date
2018 (October)
Keywords
Community development Local economy Rural areas Consumer behaviour Spending patterns
Published
Berlin, Bern, Bruxelles, New York, Oxford, Warzawa, Wien, 2018, 344 pp., 23 b/w ill., 11 coloured ill., 18 b/w tab.

Biographical notes

Adam Czarnecki (Author)

Adam Czarnecki is a Rural Geographer and Economist. He is a Senior Researcher at the Institute of Rural and Agricultural Development, Polish Academy of Sciences. He was successful in achieving a Postdoctoral Fellowship at the Karelian Institute at the University of Eastern Finland in Joensuu (2012-2014). His research interests include: second-home tourism, rural multifunctionality, rural entrepreneurship, local development, sustainable development and urbanization.

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346 pages