IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v30y2024i6p1423-1447.html
   My bibliography  Save this article

Good and bad effects of corruption and political uncertainty on tourism-growth linkage: World-wide evidence

Author

Listed:
  • Chandan Sharma

Abstract

This research looks at how plausible the tourism-led growth hypothesis is in the midst of corruption and political unpredictability. For empirical investigation, we utilize panel data from 1995 to 2018 for across the world. A dynamic panel data estimation method is employed for the estimation purpose. The outcomes of our analysis show that tourism-led growth is a phenomenon, but this is contingent on institutional factors. Specifically, high levels of corruption, political instability, and violence pose a significant barrier to beneficial effects of tourism on economic prosperity. We also employ panel quantile regression to estimate the asymmetric effects of tourism. Results of the analysis show that tourism is particularly beneficial for low-income economies. However, results also confirm that institutional factors such as corruption and political instability prevent countries, especially developing nations, from taking advantage of tourism.

Suggested Citation

  • Chandan Sharma, 2024. "Good and bad effects of corruption and political uncertainty on tourism-growth linkage: World-wide evidence," Tourism Economics, , vol. 30(6), pages 1423-1447, September.
    • Handle: RePEc:sae:toueco:v:30:y:2024:i:6:p:1423-1447
    DOI: 10.1177/13548166231209365
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/13548166231209365
    Download Restriction: no
    File URL: https://libkey.io/10.1177/13548166231209365?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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:sae:toueco:v:30:y:2024:i:6:p:1423-1447. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: SAGE Publications (email available below). General contact details of provider: .

    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.