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Global geopolitical crisis and tourism development in the USA

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posted on 2024-09-30, 01:25 authored by Komal Akram, Md Al MamunMd Al Mamun, Syed Ali Raza, Muhammed Tahir Suleman
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.

History

Publication Date

2024-10-01

Journal

Current Issues in Tourism

Volume

27

Issue

20

Pagination

17p. (p. 3352-3368)

Publisher

Taylor & Francis

ISSN

1368-3500

Rights Statement

© 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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