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Tourism Effects of Pandemics: New Insights from the Novel Coronavirus

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  • Osuji, Emeka
  • Evans, Olaniyi

Abstract

This study investigates the effect of coronavirus on tourism worldwide using data on confirmed cases of coronavirus by European Centre for Disease Prevention and Control [ECDCPC] and Google trends data. The analysis uses a variety of estimation approaches, including quantile regressions and causality tests. The study showed that cases of coronavirus have a negative relationship with tourism. In general, increasing cases of coronavirus would tend to reduce travel to tourist destinations. More interestingly, the effects are heterogeneous across the distribution of cases of coronavirus.

Suggested Citation

  • Osuji, Emeka & Evans, Olaniyi, 2020. "Tourism Effects of Pandemics: New Insights from the Novel Coronavirus," MPRA Paper 118199, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:118199
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    File URL: https://mpra.ub.uni-muenchen.de/118199/1/Osuji%20and%20Evans.pdf
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    References listed on IDEAS

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    1. Amir Hassan Zadeh & Hamed M. Zolbanin & Ramesh Sharda & Dursun Delen, 2019. "Social Media for Nowcasting Flu Activity: Spatio-Temporal Big Data Analysis," Information Systems Frontiers, Springer, vol. 21(4), pages 743-760, August.
    2. Roger Koenker & Kevin F. Hallock, 2001. "Quantile Regression," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 143-156, Fall.
    3. Lee, Jaeram & Lee, Geul & Ryu, Doojin, 2019. "The difference in the intraday return-volume relationships of spot and futures: A quantile regression approach," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-38.
    4. Minh Son Le & Jen-Je Su & Jeremy Nguyen, 2019. "Trade liberalisation, poverty, and inequality in Vietnam: a quantile regression approach," Applied Economics, Taylor & Francis Journals, vol. 51(36), pages 3971-3981, August.
    5. Yu, Lean & Zhao, Yaqing & Tang, Ling & Yang, Zebin, 2019. "Online big data-driven oil consumption forecasting with Google trends," International Journal of Forecasting, Elsevier, vol. 35(1), pages 213-223.
    6. Koenker, Roger W & Bassett, Gilbert, Jr, 1978. "Regression Quantiles," Econometrica, Econometric Society, vol. 46(1), pages 33-50, January.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Evans, Olaniyi, 2022. "The criticality of institutions and the macroeconomy for education outcomes in Africa," MPRA Paper 118197, University Library of Munich, Germany.

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    More about this item

    Keywords

    Travel; tourism; pandemics; coronavirus;
    All these keywords.

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Z1 - Other Special Topics - - Cultural Economics
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

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