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A tale of two shocks: What do we learn from the impacts of economic policy uncertainties on tourism?
Massey Univ, New Zealand.
Montpellier Business Sch, France.
Linköping University, Department of Management and Engineering, Economics. Linköping University, Faculty of Arts and Sciences.
2018 (English)In: Tourism Management, ISSN 0261-5177, E-ISSN 1879-3193, Vol. 68, p. 470-475Article in journal (Refereed) Published
Abstract [en]

In this paper, we investigate the impact of the economic policy uncertainties on the tourism demand, by using multiple and partial wavelet analysis. We find that global economic policy uncertainties (EPUs) impact on tourism demand in various levels for different countries. The effect is on peak and stay longer in certain periods; such as GFC or 9/11. More importantly, novel to the literature, the domestic EPUs significantly affect the tourist inflows, indicating that policy holders need to take into account EPU fluctuations in forecasting the short-term and medium term tourism demand.

Place, publisher, year, edition, pages
ELSEVIER SCI LTD , 2018. Vol. 68, p. 470-475
National Category
Economic Geography
Identifiers
URN: urn:nbn:se:liu:diva-149527DOI: 10.1016/j.tourman.2018.04.008ISI: 000435428800041OAI: oai:DiVA.org:liu-149527DiVA, id: diva2:1231072
Note

Funding Agencies|Jan Wallander and Tom Hedelius Foundation [W2016-0364:1]

Available from: 2018-07-05 Created: 2018-07-05 Last updated: 2018-07-05

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Uddin, Gazi Salah
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