IDEAS home Printed from https://ideas.repec.org/a/gam/jtourh/v2y2021i2p13-232d557775.html
   My bibliography  Save this article

Tourism Endowments, Institution Quality, and Inbound Tourists: A Panel Analysis of ASEAN

Author

Listed:
  • Chantha Hor

    (Graduate School of International Development, Nagoya University, Nagoya 464-8601, Japan)

Abstract

This study empirically examines the impact of the tourism endowments, institution quality, and its sub-components on inbound tourists in the Association of Southeast Asia Nation (ASEAN) member states using the fixed-effect model and panel data set from 2007–2017. The results show that the tourism endowment index and institution quality are essential factors that encourage inbound tourists to visit individual ASEAN member states. I further examine inbound tourists’ responses to each sub-component of institution quality. I corroborate that most of the sub-components of institution quality play an essential role in promoting inbound tourism in individual ASEAN member states. Other variables, such as China’s GDP per capita, foreign direct investment (FDIs), and single-entry visa schemes, show positive and significant impacts on inbound tourists in individual ASEAN member states. Therefore, these results aid the government and the policymakers in ASEAN member states to provide additional, appropriate tourism strategic development plans and policies.

Suggested Citation

  • Chantha Hor, 2021. "Tourism Endowments, Institution Quality, and Inbound Tourists: A Panel Analysis of ASEAN," Tourism and Hospitality, MDPI, vol. 2(2), pages 1-15, May.
    • Handle: RePEc:gam:jtourh:v:2:y:2021:i:2:p:13-232:d:557775
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2673-5768/2/2/13/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2673-5768/2/2/13/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Balli, Faruk & Balli, Hatice O. & Jean Louis, Rosmy, 2016. "The impacts of immigrants and institutions on bilateral tourism flows," Tourism Management, Elsevier, vol. 52(C), pages 221-229.
    2. Gozgor, Giray & Lau, Chi Keung Marco & Zeng, Yan & Lin, Zhibin, 2019. "The effectiveness of the legal system and inbound tourism," Annals of Tourism Research, Elsevier, vol. 76(C), pages 24-35.
    3. Willem A. Naudé & Andrea Saayman, 2005. "Determinants of Tourist Arrivals in Africa: A Panel Data Regression Analysis," Tourism Economics, , vol. 11(3), pages 365-391, September.
    4. Samina Sabir & Anum Rafique & Kamran Abbas, 2019. "Institutions and FDI: evidence from developed and developing countries," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-20, December.
    5. Asif Khan & Sughra Bibi & Ardito Lorenzo & Jiaying Lyu & Zaheer Udden Babar, 2020. "Tourism and Development in Developing Economies: A Policy Implication Perspective," Sustainability, MDPI, vol. 12(4), pages 1-19, February.
    6. Ogechi Adeola & Nathaniel Boso & Olaniyi Evans, 2018. "Drivers of international tourism demand in Africa," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 53(1), pages 25-36, January.
    7. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 83-116.
    8. Daron Acemoglu & Simon Johnson & James A. Robinson, 2002. "Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1231-1294.
    9. Mushtaq H. Khan, 2007. "Governance, Economic Growth and Development since the 1960s," Working Papers 54, United Nations, Department of Economics and Social Affairs.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jiafeng Gu, 2024. "Does the Visa-Free Policy Promote Inbound Tourism? Evidence From China," SAGE Open, , vol. 14(2), pages 21582440241, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Claudio Detotto & Sauveur Giannoni & Claire Goavec, 2017. "Does good governance attract tourists?," Working Papers 002, Laboratoire Lieux, Identités, eSpaces et Activités (LISA).
    2. Muhammad Asif Khan & József Popp & Mirza Nouman Ali Talib & Zoltán Lakner & Muhammad Atif Khan & Judit Oláh, 2020. "Asymmetric Impact of Institutional Quality on Tourism Inflows Among Selected Asian Pacific Countries," Sustainability, MDPI, vol. 12(3), pages 1-16, February.
    3. Litina, Anastasia, 2012. "Unfavorable land endowment, cooperation, and reversal of fortune," MPRA Paper 39702, University Library of Munich, Germany.
    4. Ola Olsson, 2005. "Geography and institutions: Plausible and implausible linkages," Journal of Economics, Springer, vol. 10(1), pages 167-194, December.
    5. Una Okonkwo Osili & Anna L. Paulson, 2006. "What can we learn about financial access from U.S. immigrants?," Working Paper Series WP-06-25, Federal Reserve Bank of Chicago.
    6. Delgado, Michael S. & McCloud, Nadine & Kumbhakar, Subal C., 2014. "A generalized empirical model of corruption, foreign direct investment, and growth," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 298-316.
    7. Dramane Coulibaly & Blaise Gnimassoun & Valérie Mignon, 2018. "Growth-enhancing Effect of Openness to Trade and Migrations: What is the Effective Transmission Channel for Africa?," Journal of African Economies, Centre for the Study of African Economies, vol. 27(4), pages 369-404.
    8. Alvar Kangur, 2016. "What Rules in the ‘Deep’ Determinants of Comparative Development?," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 8(1).
    9. Kerekes, Carrie B. & Williamson, Claudia R., 2008. "Unveiling de Soto's mystery: property rights, capital formation, and development," Journal of Institutional Economics, Cambridge University Press, vol. 4(3), pages 299-325, December.
    10. Takuma Kunieda & Masashi Takahashi, 2022. "Inequality and institutional quality in a growth model," Evolutionary and Institutional Economics Review, Springer, vol. 19(1), pages 189-213, April.
    11. Theo S. Eicher & Andreas Leukert, 2009. "Institutions and Economic Performance: Endogeneity and Parameter Heterogeneity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(1), pages 197-219, February.
    12. Gylfason, Thorvaldur & Hochreiter, Eduard, 2009. "Growing apart? A tale of two republics: Estonia and Georgia," European Journal of Political Economy, Elsevier, vol. 25(3), pages 355-370, September.
    13. Andrea Asoni, 2008. "Protection Of Property Rights And Growth As Political Equilibria," Journal of Economic Surveys, Wiley Blackwell, vol. 22(5), pages 953-987, December.
    14. Bertocchi, Graziella & Dimico, Arcangelo, 2014. "Slavery, education, and inequality," European Economic Review, Elsevier, vol. 70(C), pages 197-209.
    15. Rok Spruk & Mitja Kovac, 2018. "Inefficient Growth," Review of Economics and Institutions, Università di Perugia, vol. 9(2).
    16. Areendam Chanda & Louis Putterman, 2007. "Early Starts, Reversals and Catch‐up in the Process of Economic Development," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(2), pages 387-413, June.
    17. Casson, Mark C. & Della Giusta, Marina & Kambhampati, Uma S., 2010. "Formal and Informal Institutions and Development," World Development, Elsevier, vol. 38(2), pages 137-141, February.
    18. Cuberes, David & Mountford, Andrew, 2012. "Fiscal policy institutions and history," Economics Letters, Elsevier, vol. 115(3), pages 392-395.
    19. Du, Julan & Lu, Yi & Tao, Zhigang, 2012. "Institutions and FDI location choice: The role of cultural distances," Journal of Asian Economics, Elsevier, vol. 23(3), pages 210-223.
    20. Alvaro Aguirre, 2017. "Contracting Institutions and Economic Growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 192-217, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jtourh:v:2:y:2021:i:2:p:13-232:d:557775. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.