The U-shaped relationship between corruption and international tourism demand: A gravity model approach
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Tarih
2024
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Lodz University Press
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The tourism industry significantly contributes to a country’s economic growth and creates a positive image of the destination. This study assesses the impact of corruption on international tourism demand. It employs two-dimensional analyses using the gravity model and a pooled ordinary least square estimator to provide a unique recognition of international tourism demand. The study utilized a conditional quantile regression technique to analyze a dataset of 200 destination countries from 1995 to 2022. The empirical results demonstrate a mixed effect of corruption on international tourism demand. The analysis reveals a non-linear relationship between corruption and international tourism demand, with the inverted-U relationship being statistically significant only at the 50th–75th quantiles and not holding at the upper and lower quantiles. The research confirms that income has a positive impact on tourism across quantiles, but the impact is disproportionate. The sub-period of 2006–2022 experienced a significant decline in gross domestic product (GDP) due to the global financial crisis and its aftershocks, which severely impacted the attractiveness of destination countries for tourists. These valuable insights can inform national tourism policies and businesses. © by the author, licensee University of Lodz – Lodz University Press, Lodz, Poland.
Açıklama
Anahtar Kelimeler
corruption, demand, gravity model through pooled ordinary least square (POLS), quantile regression, tourism
Kaynak
Turyzm/Tourism
WoS Q Değeri
Scopus Q Değeri
Q3
Cilt
34
Sayı
1
