Does economic policy uncertainty drive outbound tourism expenditures in 20 selected destinations?

Saffet Akdağ, İlker Kılıç, Mert Gürlek, Andrew Adewale Alola

Abstract read

In one paragraph

Article in Quality & quantity, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

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0citing papers in PubMed

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1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

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3 · Its place in the literature

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0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Saffet AkdağDepartment of Finance and Banking, Faculty of Applied Sciences, Tarsus University, Mersin, Turkey.ORCID https://orcid.org/0000-0001-9576-6786

İlker KılıçDepartment of Tourism Management, Faculty of Tourism, Eskişehir Osmangazi University, Eskişehir, Turkey.ORCID https://orcid.org/0000-0003-0617-2260

Mert GürlekDepartment of Tourism Management, School of Tourism and Hotel Management, Burdur Mehmet Akif Ersoy University, 15030 Burdur, Turkey.ORCID https://orcid.org/0000-0002-0024-7746

Andrew Adewale AlolaDepartment of Economics and Finance, Faculty of Economics, Administrative and Social Science, Istanbul Gelisim University, Istanbul, Turkey.ORCID 0000-0001-5355-3707

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Across several destinations, tourism receipts and the aspects of tourism industry has continued to influence the quality of life of the people as well contributing to the national development and sustainable growth. However, the uncertainties and risks experienced in the tourism industry and other economy sectors have remained the drawback of most economies and destinations. As such, the panel of 20 selected destinations is investigated via the common correlated effect method to examine the nexus of economic policy uncertainty and tourism development over the period 2001-2017. Interestingly, the result established a long term relationship between the economic policy uncertainty index and outbound tourism expenditures. Specifically, the finding revealed that outbound tourism expenditures are affected negatively by the rise of uncertainty in economic policies, thus suggesting instability of economic-related policy is the bane of tourism development in the destinations. This result stands to have important policy guide for especially for tourism-related activities in the panel of 20 selected countries.

Indexed as

Common correlated effect (CCE)Economic policy uncertaintyPanel cointegrationTourism destinationsTravel expenditures

Identifiers

PMID36340800

DOI10.1007/s11135-022-01538-y

PMCPMC9617535

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.