Does political and economic freedom matter for inbound tourism? A cross-national panel data estimation

Saha, Shrabani and Su, Jen-Je and Campbell, Neil (2017) Does political and economic freedom matter for inbound tourism? A cross-national panel data estimation. Journal of Travel research, 56 (2). pp. 221-234. ISSN 0047-2875

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Abstract

The paper examines the impact of political and economic freedom on inbound tourism for
over 110 countries during 1995-2012. Panel country fixed-effects techniques are utilized to
examine the relationship after controlling for other factors that contribute to inbound tourism.
The results show that civil liberties and economic freedom (among several other freedom
measures) are positively and significantly associated with inbound tourism. Examination of
the moderation effect reveals that civil liberties (economic freedom) tend to play a more
influential role on inbound tourism when the level of economic freedom (civil liberties) is
relatively low.

Keywords:Political freedom, economic freedom, tourism, panel data
Subjects:L Social studies > L100 Economics
Divisions:Lincoln International Business School
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ID Code:20045
Deposited On:18 Jan 2016 01:03

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