The impact of governance quality on inbound tourism demand of Central Asia

Khusen Ibragimov (), José Perles-Ribes () and Ana Ramón-Rodríguez ()
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Khusen Ibragimov: PhD researcher, Department of Tourism Research, University of Alicante, Spain
José Perles-Ribes: Faculty of Economics and Business Sciences, University of Alicante, Spain
Ana Ramón-Rodríguez: Faculty of Economics and Business Sciences, University of Alicante, Spain
Authors registered in the RePEc Author Service: José Francisco Perles Ribes

Economics Bulletin, 2022, vol. 42, issue 2, 1050 - 1061

Abstract: This study analyzes the effect of governance quality on international tourist arrival to Central Asia from 108 countries of origin over the period 2000-2018 using the gravity model. The findings show that governance quality highly impacts the behaviour of tourist arrivals. A peaceful political environment in Central Asia could lead to an increase in the volume of tourism flows. Surprisingly, the findings reveal that improving the quality of governance and institutions will not provide a swift increase in the number of tourist arrivals to Central Asia in the short term. Policymakers should take actions to improve governance quality and achieve to increase significantly international tourist arrivals.

Keywords: World Governance Indicators; tourism demand; panel data; gravity model; Central Asia (search for similar items in EconPapers)
JEL-codes: L8 O1 (search for similar items in EconPapers)
Date: 2022-06-30
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-21-00217

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