中高收入国家旅游业与外国直接投资增长关系

IF 2 Q2 HOSPITALITY, LEISURE, SPORT & TOURISM
Tourism Pub Date : 2023-02-21 DOI:10.37741/t.71.1.10
Özgür Bayram Soylu, Bosede Ngozi Adeleye, Fatih Okur, Murat Emi̇könel
{"title":"中高收入国家旅游业与外国直接投资增长关系","authors":"Özgür Bayram Soylu, Bosede Ngozi Adeleye, Fatih Okur, Murat Emi̇könel","doi":"10.37741/t.71.1.10","DOIUrl":null,"url":null,"abstract":"This paper examines the role of tourism in foreign direct investment-growth relation in upper-middle income countries. We deploy static and dynamic panel analysis to evaluate how tourism indicators influence the impact of FDI net inflows on growth using an unbalanced panel data on 29 upper middle-income countries from 2010-2019. The tourism indicators are receipts, arrivals and expenditures. The results from static and dynamic analyses indicate that for the most part (1) FDI and tourism exert asymmetric effects on growth, (2) tourism indicators reduce the negative effect of FDI on growth, (4) trade openness is a positive and significant predictor of growth, and (5) domestic credit negatively contributes to growth. Deductively, results evidence that tourism indicators are critical drivers of economic growth in upper middle-income countries. Overall, tourism receipts show the largest influence on FDI to spur the most appreciable impact on growth. Despite this, the fact that tourism indicators cannot completely eliminate the destructive impact of FDI on economic growth shows that tourism development policies should be based on a greener and sustainable ground, taking into account the effects of the coronavirus.","PeriodicalId":46641,"journal":{"name":"Tourism","volume":null,"pages":null},"PeriodicalIF":2.0000,"publicationDate":"2023-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Tourism and FDI-Growth Nexus in Upper-Middle Income Countries\",\"authors\":\"Özgür Bayram Soylu, Bosede Ngozi Adeleye, Fatih Okur, Murat Emi̇könel\",\"doi\":\"10.37741/t.71.1.10\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper examines the role of tourism in foreign direct investment-growth relation in upper-middle income countries. We deploy static and dynamic panel analysis to evaluate how tourism indicators influence the impact of FDI net inflows on growth using an unbalanced panel data on 29 upper middle-income countries from 2010-2019. The tourism indicators are receipts, arrivals and expenditures. The results from static and dynamic analyses indicate that for the most part (1) FDI and tourism exert asymmetric effects on growth, (2) tourism indicators reduce the negative effect of FDI on growth, (4) trade openness is a positive and significant predictor of growth, and (5) domestic credit negatively contributes to growth. Deductively, results evidence that tourism indicators are critical drivers of economic growth in upper middle-income countries. Overall, tourism receipts show the largest influence on FDI to spur the most appreciable impact on growth. Despite this, the fact that tourism indicators cannot completely eliminate the destructive impact of FDI on economic growth shows that tourism development policies should be based on a greener and sustainable ground, taking into account the effects of the coronavirus.\",\"PeriodicalId\":46641,\"journal\":{\"name\":\"Tourism\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":2.0000,\"publicationDate\":\"2023-02-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Tourism\",\"FirstCategoryId\":\"1092\",\"ListUrlMain\":\"https://doi.org/10.37741/t.71.1.10\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"HOSPITALITY, LEISURE, SPORT & TOURISM\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Tourism","FirstCategoryId":"1092","ListUrlMain":"https://doi.org/10.37741/t.71.1.10","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"HOSPITALITY, LEISURE, SPORT & TOURISM","Score":null,"Total":0}
引用次数: 0

摘要

本文考察了旅游业在中上收入国家外国直接投资增长关系中的作用。我们利用2010-2019年29个中等偏上收入国家的不平衡面板数据,运用静态和动态面板分析来评估旅游业指标如何影响外国直接投资净流入对增长的影响。旅游业指标是收入、到达人数和支出。静态和动态分析结果表明,在大多数情况下(1)外国直接投资和旅游业对增长的影响是不对称的,(2)旅游业指标减少了外国直接投资对增长的负面影响,(4)贸易开放度是增长的正向和显著预测因子,(5)国内信贷对增长的负向贡献。结果表明,旅游业指标是中等偏上收入国家经济增长的关键驱动力。总体而言,旅游收入对外国直接投资的影响最大,对增长的影响最为明显。尽管如此,旅游业指标并不能完全消除外国直接投资对经济增长的破坏性影响,这一事实表明,旅游业发展政策应该建立在更环保和可持续的基础上,同时考虑到冠状病毒的影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Tourism and FDI-Growth Nexus in Upper-Middle Income Countries
This paper examines the role of tourism in foreign direct investment-growth relation in upper-middle income countries. We deploy static and dynamic panel analysis to evaluate how tourism indicators influence the impact of FDI net inflows on growth using an unbalanced panel data on 29 upper middle-income countries from 2010-2019. The tourism indicators are receipts, arrivals and expenditures. The results from static and dynamic analyses indicate that for the most part (1) FDI and tourism exert asymmetric effects on growth, (2) tourism indicators reduce the negative effect of FDI on growth, (4) trade openness is a positive and significant predictor of growth, and (5) domestic credit negatively contributes to growth. Deductively, results evidence that tourism indicators are critical drivers of economic growth in upper middle-income countries. Overall, tourism receipts show the largest influence on FDI to spur the most appreciable impact on growth. Despite this, the fact that tourism indicators cannot completely eliminate the destructive impact of FDI on economic growth shows that tourism development policies should be based on a greener and sustainable ground, taking into account the effects of the coronavirus.
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
Tourism
Tourism HOSPITALITY, LEISURE, SPORT & TOURISM-
CiteScore
3.10
自引率
17.60%
发文量
0
审稿时长
24 weeks
期刊介绍: Journal TOURISM is an international academic and professional quarterly which welcomes articles on various aspects of travel and tourism. Th e journal emphasises the broadness and interrelatedness of the tourism sector. Manuscripts submitted to the Journal can be processed quickly if they are prepared according to the following guidelines. Manuscripts will be returned to the author with a set of instructions if they are not submitted according to our style guide. No contribution will be accepted which has been published elsewhere, unless it is specifi cally invited or agreed by the Editor.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信