Zhou, Bo; Zhang, Ying; Zhou, Peng - 2021
To capture the role of politics in tourism, we propose a novel measure to quantify political relations based on text … Japan and Korea. Estimated on monthly data (1997m1-2018m12), our model shows how China-Japan disputes affect tourist flows … to Korea and how China-Korea clashes influence the number of Chinese tourists going to Japan. The political effects are …