A global perspective of the role of domestic economic, financial and political risks in inbound tourism

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dc.authoridAthari, Seyed Alireza/0000-0003-4918-1597
dc.authoridalola, andrew/0000-0001-5355-3707
dc.contributor.authorAthari, Seyed Alireza
dc.contributor.authorAlola, Uju Violet
dc.contributor.authorAlola, Andrew Adewale
dc.date.accessioned2024-09-11T19:51:54Z
dc.date.available2024-09-11T19:51:54Z
dc.date.issued2023
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractPurpose In this study, as part of an attempt to foster sustainable development, the aim is directed at understanding the perspectives of domestic economic, financial and political risks in tourism development. On the other hand, the role of other agents of sustainable development: innovation, infrastructure, health and primary education and global crisis in tourism development, was illustrated. Design/methodology/approach To achieve this objective, the current study explored the (system) SYS-Generalized Method of Moments (GMM) technique for a panel of selected 73 economies over the period 2006-2017. This GMM approached is not undertaken without first establishing the stationarity (a preliminary test) of the employed dataset by utilizing the relevant unit root techniques. Findings First, the study found that minimizing risks from economic, financial and political aspects is significant and vital to the attractiveness of the tourism destinations and the eventual development of the tourism sector. Second, the study presents innovation or technological readiness and health and primary education as agents of sustainable development through the growth of international tourism arrivals while global crisis is significantly detrimental to tourism inflow. Originality/value Overall, the study presents the contribution of tourism as a pathway to sustainable development from unique dimensions. Investigating a large panel (of 73 countries) is a unique approach. In addition, considering the economic vulnerability of the panel countries from the aspects of risk arising from economic, financial and political aspects is another interesting dimension to the novelty of the study. Thus, this study offers relevant policies for tourism stakeholders.en_US
dc.identifier.doi10.1108/IJOEM-11-2020-1370
dc.identifier.endpage4213en_US
dc.identifier.issn1746-8809
dc.identifier.issn1746-8817
dc.identifier.issue10en_US
dc.identifier.scopus2-s2.0-85121782908en_US
dc.identifier.startpage4191en_US
dc.identifier.urihttps://doi.org/10.1108/IJOEM-11-2020-1370
dc.identifier.urihttps://hdl.handle.net/11363/7852
dc.identifier.volume18en_US
dc.identifier.wosWOS:000736610400001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherEmerald Group Publishing Ltden_US
dc.relation.ispartofInternational Journal of Emerging Marketsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240903_Gen_US
dc.subjectTourismen_US
dc.subjectEconomic risken_US
dc.subjectFinancial risken_US
dc.subjectPolitical risken_US
dc.subjectGlobal insighten_US
dc.titleA global perspective of the role of domestic economic, financial and political risks in inbound tourismen_US
dc.typeArticleen_US

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