Do travel visa requirements impede tourist travel?
Robert A. Lawson () and
Saurav Roychoudhury
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Robert A. Lawson: Southern Methodist University
Saurav Roychoudhury: Capital University
Journal of Economics and Finance, 2016, vol. 40, issue 4, No 10, 817-828
Abstract:
Abstract Yes. Using a travel visa data set developed by Lawson and Lemke (2012) and travel flow data from the World Bank and the UN’s World Tourism Organization (UNWTO), we investigate the deterrent effect of travel visa requirements on travel flows. At the aggregate level, a one standard deviation more severe travel visa regime, as measured, is associated with a 30 % decrease in inbound travel. At the bilateral level, having a travel visa requirement on a particular country is associated with a 70 % reduction in inbound travel from that country. The gains associated with eliminating travel visas appear to be very large.
Keywords: Travel visas; Tourism; Travel; Globalization; Economic freedom (search for similar items in EconPapers)
JEL-codes: F22 F52 F68 L83 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (13)
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DOI: 10.1007/s12197-015-9343-5
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