Do institutions matter for tourism spending?
Abstract
Institutional frameworks are important for individuals’ attitudes and behaviours, and thus they are important for travel decisions. This study endeavours to examine the influence of various formal and informal institutional factors on tourism spending for a global sample of 120 countries from 2002 to 2019. Applying the two-step system generalised method of moments estimate, the results are robust and consistent. First, informal institutions,...
Paper Details
Title
Do institutions matter for tourism spending?
Published Date
Oct 21, 2021
Journal
Volume
29
Issue
1
Pages
248 - 281
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History