世界不确定性和经济政策不确定性是否影响七国集团国家的旅游业？量化回归的证据

IF 8 2区管理学 Q1 HOSPITALITY, LEISURE, SPORT & TOURISM

Journal of Travel Research Pub Date : 2023-11-14 DOI:10.1177/00472875231210222

Zhike Lv, Yixin Sun, Ting Xu

{"title":"世界不确定性和经济政策不确定性是否影响七国集团国家的旅游业？量化回归的证据","authors":"Zhike Lv, Yixin Sun, Ting Xu","doi":"10.1177/00472875231210222","DOIUrl":null,"url":null,"abstract":"This study empirically examines the correlations between economic policy uncertainty (EPU) and world uncertainty (WU) and tourism in G7 countries. We use the quantile-on-quantile approach to explore some more subtle features between the variables and reveal asymmetric and heterogeneous relationships. The results show that the effects of EPU and WU are stronger at higher quantiles, and considerable variation is revealed across countries due to differing characteristics and economic circumstances. We determine that EPU has a negative impact on tourism and more significant positive effects are evident at different quantile combinations in all G7 countries, whereas the impact of WU on tourism is negative. We also found more significant positive effects of WU on tourism at different quantile combinations in all G7 countries.","PeriodicalId":48435,"journal":{"name":"Journal of Travel Research","volume":"2005 38","pages":""},"PeriodicalIF":8.0000,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Does World Uncertainty and Economic Policy Uncertainty Affect Tourism in G7 Countries? Evidence From Quantile-on-Quantile Regression\",\"authors\":\"Zhike Lv, Yixin Sun, Ting Xu\",\"doi\":\"10.1177/00472875231210222\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study empirically examines the correlations between economic policy uncertainty (EPU) and world uncertainty (WU) and tourism in G7 countries. We use the quantile-on-quantile approach to explore some more subtle features between the variables and reveal asymmetric and heterogeneous relationships. The results show that the effects of EPU and WU are stronger at higher quantiles, and considerable variation is revealed across countries due to differing characteristics and economic circumstances. We determine that EPU has a negative impact on tourism and more significant positive effects are evident at different quantile combinations in all G7 countries, whereas the impact of WU on tourism is negative. We also found more significant positive effects of WU on tourism at different quantile combinations in all G7 countries.\",\"PeriodicalId\":48435,\"journal\":{\"name\":\"Journal of Travel Research\",\"volume\":\"2005 38\",\"pages\":\"\"},\"PeriodicalIF\":8.0000,\"publicationDate\":\"2023-11-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Travel Research\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://doi.org/10.1177/00472875231210222\",\"RegionNum\":2,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"HOSPITALITY, LEISURE, SPORT & TOURISM\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Travel Research","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1177/00472875231210222","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"HOSPITALITY, LEISURE, SPORT & TOURISM","Score":null,"Total":0}

引用次数: 0

摘要

本研究通过实证研究探讨了经济政策不确定性（EPU）和世界不确定性（WU）与七国集团国家旅游业之间的相关性。我们使用量化对量化的方法来探索变量之间一些更微妙的特征，并揭示非对称和异质性的关系。结果表明，EPU 和 WU 的影响在较高的量级上更强，而且由于各国的特点和经济环境不同，它们之间的差异也相当大。我们确定 EPU 对旅游业有负面影响，而且在所有 G7 国家的不同数量组合中都有更显著的正面影响，而 WU 对旅游业的影响是负面的。我们还发现，在所有七国集团国家的不同数量级组合中，世界经济增长率对旅游业的积极影响更为明显。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Does World Uncertainty and Economic Policy Uncertainty Affect Tourism in G7 Countries? Evidence From Quantile-on-Quantile Regression

This study empirically examines the correlations between economic policy uncertainty (EPU) and world uncertainty (WU) and tourism in G7 countries. We use the quantile-on-quantile approach to explore some more subtle features between the variables and reveal asymmetric and heterogeneous relationships. The results show that the effects of EPU and WU are stronger at higher quantiles, and considerable variation is revealed across countries due to differing characteristics and economic circumstances. We determine that EPU has a negative impact on tourism and more significant positive effects are evident at different quantile combinations in all G7 countries, whereas the impact of WU on tourism is negative. We also found more significant positive effects of WU on tourism at different quantile combinations in all G7 countries.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Journal of Travel Research HOSPITALITY, LEISURE, SPORT & TOURISM-

CiteScore

18.90

自引率

9.00%

发文量

期刊介绍： The Journal of Travel Research (JTR) stands as the preeminent, peer-reviewed research journal dedicated to exploring the intricacies of the travel and tourism industry, encompassing development, management, marketing, economics, and behavior. Offering a wealth of up-to-date, meticulously curated research, JTR serves as an invaluable resource for researchers, educators, and industry professionals alike, shedding light on behavioral trends and management theories within one of the most influential and dynamic sectors. Established in 1961, JTR holds the distinction of being the longest-standing among the world’s top-ranked scholarly journals singularly focused on travel and tourism, underscoring the global significance of this multifaceted industry, both economically and socially.