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Democratic transition, political risk, economic instability, and tourist inflows: The case of Tunisia

Author

Listed:
  • Chaker Aloui

    (Prince Sultan University, Saudi Arabia)

  • Hela Ben Hamida

    (Imam Muhammad Ibn Saud Islamic University (IMAMU), Saudi Arabia)

  • Besma Hkiri

    (Jeddah University, Saudi Arabia)

Abstract

This article assesses the effect of the political risk and economic instability on the tourist arrivals in Tunisia using various wavelet methods. Our findings reveal a substantial effect of political risk over the short and medium terms, while the risk of economic effect is more perceptible over the long run. These outcomes are robust when using standard time series modeling. Terrorist incidents and political uneasiness increase the perception of risk and affect the tourism inflows over the short run. Governments are invited to indorse security and tourism safety because if not, the tourism demand will impede the economic growth over the long run.

Suggested Citation

  • Chaker Aloui & Hela Ben Hamida & Besma Hkiri, 2021. "Democratic transition, political risk, economic instability, and tourist inflows: The case of Tunisia," Tourism Economics, , vol. 27(5), pages 1157-1165, August.
    • Handle: RePEc:sae:toueco:v:27:y:2021:i:5:p:1157-1165
    DOI: 10.1177/1354816620913372
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    References listed on IDEAS

    as
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    Cited by:

    1. Chen, Liang & Guo, Yirong, 2023. "Revisiting resources extraction perspective in determining the tourism industry: Globalisation and human capital for next-11 economies," Resources Policy, Elsevier, vol. 85(PA).

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