Northampton Electronic Collection of Theses and Research

Institutional quality, political risk and tourism

Ghalia, T., Fidrmuc, J., Samargandihi, N. and Sohag, K. (2019) Institutional quality, political risk and tourism. Tourism Management Perspectives. 32, pp. 1-10. 2211-9736.

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Ghalia_Thaana_ELS_2019_Institutional_quality_political_risk_and_tourism
Ghalia_Thaana_ELS_2019_Institutional_quality_political_risk_and_tourism.pdf - Accepted Version
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Abstract:
This paper applies the gravity model to investigate the impacts of institutional quality coupled with political risks, distance, and socio-economic factors on tourist flow. We find that institutional quality and absence of conflict are driving factors in fostering tourism flows for both source and destination countries. Our findings suggest that institutional reform can help boost the economies of countries with low-quality institutions. While institutional change is a positive development in its own right, our results suggest that it can also have important additional economic benefits for countries that are highly dependent on tourism.
Uncontrolled Keywords:
Tourism, Institutions, Political risk, Gravity model
Creators:
Ghalia, T., Fidrmuc, J., Samargandihi, N. and Sohag, K.
Faculties, Divisions and Institutes:
Faculties > Faculty of Business & Law > Economics, Intl Relations & Development
Date:
1 October 2019
Date Type:
Publication
Page Range:
pp. 1-10
Journal or Publication Title:
Tourism Management Perspectives
Volume:
32
Number of Pages:
10
Language:
English
DOI:
10.1016/j.tmp.2019.100576
ISSN:
2211-9736
Status:
Published / Disseminated
Refereed:
Yes
Related URLs:
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