Do geopolitical risks matter for inbound tourism?

被引:0
|
作者
Ender Demir
Giray Gozgor
Sudharshan Reddy Paramati
机构
[1] Istanbul Medeniyet University,Faculty of Tourism
[2] Istanbul Medeniyet University,Faculty of Political Sciences
[3] University of Dundee,School of Business
来源
关键词
Geopolitical risks; Inbound tourism; Tourism demand; Developing economies; Panel data estimation techniques; F50; Z32; C33;
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学科分类号
摘要
This paper aims to analyze the impact of geopolitical risks measured by a new index of geopolitical risk (GPR) on inbound tourism. For this purpose, we use the fixed-effects and the least squares dummy variable corrected estimations for panel data of 18 countries for the period from 1995 to 2016. We find that geopolitical risks negatively affect inbound tourism. We also implement various robustness checks, such as introducing control variables, considering the lagged effect of the GPR, and utilizing different econometric techniques.
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页码:183 / 191
页数:8
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