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This study investigates the impact of FDI regulatory restrictions on tourism growth. Using system generalized method of … moments (GMM) estimation of the dynamic panel data model, this study finds that FDI restrictions have significant negative … effects on tourism growth, implying that liberalizing FDI policies could promote tourism growth. …
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real tourism exports. They find support for panel cointegration and the results suggest that a 1% increase in tourism …The contribution of tourism to the economic growth of Pacific Island countries (PICs) has achieved significance in the … substitution and agriculture to urban-based manufacturing and services sectors. Tourism is the main component of the services …
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The hypothesis that political violence deters tourism is mainly based on case study evidence and a few quantitative … various forms of political violence on tourist arrivals. We employ two estimation techniques: a fixed-effects panel estimator … political violence on tourism. In both model specifications, we find strong evidence that human rights violations, conflict and …
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