Abstract
We analyze the effect of the global geopolitical crisis on tourism development using nonparametric causality-in-quantiles. We employ monthly data on tourism development (i.e. number of arrivals and receipts) and the global geopolitical crisis from January 1995–December 2020. Various forms of global geopolitical crises significantly negatively impact USA tourism development. Furthermore, we conclude that the global geopolitical risk influence is subjective to the severity of the crisis, i.e. the more severe a crisis impacts tourism development more significantly. Our results are essential for tourism sector representatives and policymakers, as the global geopolitical crisis can negatively influence tourism receipts.
| Original language | English |
|---|---|
| Pages (from-to) | 3352-3368 |
| Number of pages | 17 |
| Journal | Current Issues in Tourism |
| Volume | 27 |
| Issue number | 20 |
| DOIs | |
| State | Published - 2024 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
Keywords
- Tourism development
- global geopolitical crisis
- nonparametric causality-in-quantiles the USA
ASJC Scopus subject areas
- Geography, Planning and Development
- Tourism, Leisure and Hospitality Management