The influence of sociopolitical, natural, and cultural factors on international tourism growth: a cross-country panel analysis
Omkar Joshi (),
Neelam C. Poudyal () and
Lincoln R. Larson ()
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Omkar Joshi: Oklahoma State University
Neelam C. Poudyal: University of Tennessee
Lincoln R. Larson: Clemson University
Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2017, vol. 19, issue 3, No 4, 825-838
Abstract:
Abstract This study employed a cross-country panel data model to investigate the relative contributions of sociopolitical, natural and cultural characteristics and national tourism policies to international tourism growth. International tourism receipt data were adjusted for country-specific inflation and then analyzed in relation to standardized measures of the World Economic Forum’s “pillars of tourism competitiveness.” Results indicated that international tourism receipts are more responsive to policies and regulations favoring tourism, abundance of natural resources, richness in cultural heritage, and health and hygiene than they are to infrastructure, safety, price competitiveness, and other variables. Findings highlight key factors associated with international tourism receipts and provide a general framework that could inform policies and management strategies designed to promote sustainable international tourism development.
Keywords: Competitiveness; Forecasting; Foreign tourism receipts; Panel data model; Tourism demand; Tourism pillars (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/s10668-016-9767-x
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