Pandemic-induced uncertainty and tourism demand: Evidence on the moderator effect of democratic institutions

IF 5.4 3区 材料科学 Q2 CHEMISTRY, PHYSICAL
Oktay Kizilkaya, Emrah Kocak, Eyup Emre Ulug, Ali G. Yucel
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引用次数: 0

Abstract

This paper explores the mitigating effect of democratic institutions in the nexus of tourism and pandemic-induced uncertainty in 24 Organisation for Economic Co-operation and Development (OECD) countries. Utilizing dynamic panel data analysis in the modeling process, the findings reveal that increased pandemic-related uncertainty in the target market negatively affects the tourism demand. However, the presence of democratic institutions in the destination country positively affects the tourism demand. Finally, democratic institutions help mitigate the negative effects of pandemic uncertainty on tourism demand. The research highlights that a democratic destination can provide a more favorable environment for tourism development amid pandemic uncertainty.

大流行病引发的不确定性与旅游需求:民主制度的调节效应证据
本文探讨了民主制度在 24 个经济合作与发展组织(OECD)国家旅游业与大流行病引发的不确定性之间的关系中的缓解作用。在建模过程中利用动态面板数据分析,研究结果表明,目标市场中与大流行病相关的不确定性增加会对旅游需求产生负面影响。然而,目的地国家民主制度的存在会对旅游需求产生积极影响。最后,民主制度有助于减轻大流行病不确定性对旅游需求的负面影响。研究强调,在大流行病不确定性的情况下,民主的目的地可以为旅游业发展提供更有利的环境。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
ACS Applied Energy Materials
ACS Applied Energy Materials Materials Science-Materials Chemistry
CiteScore
10.30
自引率
6.20%
发文量
1368
期刊介绍: ACS Applied Energy Materials is an interdisciplinary journal publishing original research covering all aspects of materials, engineering, chemistry, physics and biology relevant to energy conversion and storage. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrate knowledge in the areas of materials, engineering, physics, bioscience, and chemistry into important energy applications.
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