Journal
JOURNAL OF TRAVEL RESEARCH
Volume 60, Issue 5, Pages 1074-1084Publisher
SAGE PUBLICATIONS INC
DOI: 10.1177/0047287520919514
Keywords
globalization; inbound tourism development; dynamic panel threshold regression model; tourism specialization
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Funding
- National Natural Science Foundation of China [71771188]
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This study reveals a nonlinear relationship between globalization and inbound tourism, indicating that different levels of globalization have varied impacts on inbound tourism development for countries.
This study explores the nonlinear impact of globalization on inbound tourism over the period 1995-2014 for 53 countries. The results reveal a nonlinear relationship between globalization and inbound tourism, suggesting that different levels of globalization for countries have varied impacts on inbound tourism development. More globalized countries are able to draw more inbound tourists, but this does not enhance their international tourism receipts (percentage of GDP) and net tourism service exports under a higher level of globalization, indicating that globalization does not necessarily benefit inbound tourism development. JEL classifications C23, C26, F60, L83, Z32
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