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dc.contributor.authorAthari, Seyed Alireza
dc.contributor.authorAlola, Uju Violet
dc.contributor.authorGhasemi, Matina
dc.contributor.authorAlola, Andrew Adewale
dc.date.accessioned2020-08-20T20:56:00Z
dc.date.available2020-08-20T20:56:00Z
dc.date.issued2020en_US
dc.identifier.issn1368-3500
dc.identifier.issn1747-7603
dc.identifier.urihttps://hdl.handle.net/11363/2366
dc.description.abstractAlthough the tourism industry has continued to exert a significant impact on economies of most destinations, the impacts of political (in) security, socioeconomic and financial dynamics in the destination countries are equally playing decisive roles. Mirroring from this perspective, this study examined the role of political risk, exchange rate and inflation rate on the inbound international tourists in the panel of 76 destinations over the period 1995-2017. By employing the Pooled OLS (Ordinary Least Square) and the Generalized Moment of Methods (GMM), the estimation results suggest that the political risk is a significant impediment to the growth of total tourism arrivals in the panel countries. In addition, high exchange and inflation rates, respectively, impact international tourism arrivals (ITAs) in a positive and negative pattern. Moreover, the findings show that the impact of political risk on ITAs is significant, and has a positive and negative effect in the low- and high-risk destinations, respectively. While the study urges for a formidable drive towards sustainable conflict resolution in destination countries, it further presents recommendations for preventing potential spillover effects in the event of the political, economic or financial crisis.en_US
dc.language.isoengen_US
dc.publisherROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2-4 PARK SQUARE, MILTON PARK, ABINGDON OX14 4RN, OXON, ENGLANDen_US
dc.relation.isversionof10.1080/13683500.2020.1798893en_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectPolitical risken_US
dc.subjectexchange rateen_US
dc.subjectinflation rateen_US
dc.subjectlow-risk destinationsen_US
dc.subjecthigh-risk destinationsen_US
dc.subjectLED GROWTH HYPOTHESISen_US
dc.subjectPANEL-DATAen_US
dc.subjectINTERNATIONAL TOURISMen_US
dc.subjectEMPIRICAL-ANALYSISen_US
dc.subjectECONOMIC-GROWTHen_US
dc.subjectDEMANDen_US
dc.subjectIMPACTen_US
dc.subjectINSTABILITYen_US
dc.subjectTERRORISMen_US
dc.subjectDETERMINANTSen_US
dc.titleThe (Un)sticky role of exchange and inflation rate in tourism development: insight from the low and high political risk destinationsen_US
dc.typearticleen_US
dc.relation.ispartofCURRENT ISSUES IN TOURISMen_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US


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