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Cross-country statistics have revealed steady growth in the number of motorcycles in many less advanced economic countries (LAEC) with emerging economies due to increased urbanisation and personal wealth. In contrast, an opposite trend is occurring in advanced economic countries (AEC), with cars replacing motorcycles as income grows. Motor vehicle crashes and injuries are an inevitable consequence of a high motorcycle population. This study focused on understanding how economic growth affects the motorcycle to passenger car (MPC) ownership ratio and what factors underlie this relationship. The data used in this analysis contained a sample of 80 countries at various levels of economic developmental growth over the 48-year period between 1963 and 2010. The results pointed to an inverted U-shaped relationship between the MPC ownership ratio and the per capita Gross Domestic Product (GDP). Generally, the MPC ownership ratio increased with income at a lower level and decreased with income at a higher level. The evidence indicated that urbanisation, the total road length per thousand population, and a proxy for purchasing power with regard to vehicle purchases were the underlying factors that contributed to this relationship.  相似文献   

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Although the potential of the health tourism to support economic growth can be based on strong theoretical foundations, it is also argued that this tourism type may hinder economic growth by weakening labor productivity. On this basis, the present study aims to examine the effect of health tourism on economic growth. The study uses panel data fixed effects method with Driscoll–Kraay standard errors and dataset of 72 countries. The findings strongly supported that health tourism boosts economic growth. To be more precise, it was estimated that a one-point increase in health tourism revenues, expressed as a percentage of gross domestic product (GDP) of personal health travel exports, causes an increase of 4.9345 in GDP growth rate and 4.2558 in per capita GDP growth rate. Furthermore, the negative growth effect of health tourism through labor productivity, which is theoretically proposed and expressed as crowding-out effect, was not supported by the findings.  相似文献   

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This article investigates the effect of corruption on tourism demand for a panel of countries during 1999–2009 by using panel least square and fixed effects regressions. Prior research has considered only the linear effects of corruption on tourism. We examine the relationship between corruption and tourism in a non‐linear framework after controlling for economic and heritage factors. The findings suggest that corruption has a significant effect on tourism demand and that this effect is non‐linear. Copyright © 2014 John Wiley & Sons, Ltd.  相似文献   

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This paper examines the contribution of tourism industry to the GDP of three selected destinations in the Middle East region: Bahrain, Jordan and Saudi Arabia. We introduce a quadratic functional form and apply the advanced panel cointegration dynamic model with robust estimation to test our hypothesis. Our analysis is based on a comprehensive set of panel data of tourism receipts, education investment, foreign direct investment and fixed capital formation over the period of 1981–2008. The results show a long‐run relationship between tourism growth and GDP. We also show that tourism has a stronger impact on the economy than other related sectors. Copyright © 2013 John Wiley & Sons, Ltd.  相似文献   

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This work uses a multivariate panel Granger causality test to examine the causal relationship between real international tourism receipts and economic growth in 11 Asian regions for the period from 1995 to 2015, accounting for both dependency and heterogeneity across regions. The results of this study support evidence for the growth hypothesis in the regions, such as Cambodia, China, and Malaysia. A reverse relationship supports evidence on the conservation hypothesis for the regions, such as Hong Kong, Indonesia, the Philippines, and South Korea. A reciprocal causal relationship was found in Macau and Singapore.  相似文献   

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In this paper, we examine possible macro‐level determinants underlying the number of trips emigrants make back home by exploiting a panel of data comprising 25 countries over the period 1995–2010. To guide the empirical work, we first construct a simple model of the decision by emigrants to visit their home country. The model predicts, among other things, that the effects of distance on the frequency of visiting home are negative but the impact of the host country's wage on the decision to visit home is ambiguous: It depends on the legal status of the emigrants in the host country. Our empirical results based on a pooled estimator support these predictions. First, the number of trips back home is inversely related to distance but positively related to income and institutional quality. Second, emigrants living in Africa and North America are less likely to visit home, whereas emigrants living in the Arabian Gulf countries visit home more often. The results from cross‐sectional estimations provide very similar results, indicating that our results are robust to alternative estimation approaches. Copyright © 2016 John Wiley & Sons, Ltd.  相似文献   

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This paper investigates the impact of migration on Italian inbound tourism flows in a dynamic panel data framework. Arrivals, expenditure and nights from 65 countries are analysed for the period 2005–2011. The migration variable is defined at both origin and destination in order to assess the pushing and pulling forces. Estimates were performed using both aggregated flows and flows disaggregated to separate the visiting friends and relatives (VFRs) from two non-VFR categories, namely holiday and business. The results suggest the presence of a strong migration-tourism nexus, which clearly goes beyond VFRs. Moreover, the effects of the different determinants vary according to the way in which the tourism market is segmented and, within each segment, to the way in which tourism demand is measured.  相似文献   

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This paper examines the impact of corruption on the number of tourist inflows to Turkey from 70 countries for the period from 1996 to 2014. For this purpose, it is the first paper to examine the effects of not only the absolute corruption but also the relative corruption on the tourist arrivals in the literature. By using the fixed effects, the generalized methods of moments, and the Hausman–Taylor estimations, we find that level of the relative corruption negatively affects the inbound tourism to Turkey.  相似文献   

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Malaysia has experienced a significant increase in tourist arrivals over the past 10 years. The challenge is to sustain this growth and therefore it is important to understand the factors influencing inbound tourism to Malaysia. This paper investigates the economic and non-economic determinants of international tourist flows to Malaysia using the generalized method of moment. The annual panel data set includes the number of arrivals from 33 countries during the period 2000–2012, and the number of possible explanatory variables. It is found that habit persistence (word of mouth), income, hotel room and political stability have a positive impact on tourism demand for Malaysia. Also, results indicate that the estimated coefficients of substitute tourism price in the model are negative. This implies that the five alternative destinations are complementary destinations to Malaysia. In addition, the dummy variable for Visit Malaysia Year in 2007 and severe acute respiratory syndrome in 2003 had positive and negative impacts on tourism demand for Malaysia, respectively.  相似文献   

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