Does migration fear affect tourism demand? Evidence from instrumental variable cointegration test

KOÇAK E., YÜCEL A. G.

Tourism Economics, cilt.29, sa.7, ss.1954-1959, 2023 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 29 Sayı: 7
  • Basım Tarihi: 2023
  • Doi Numarası: 10.1177/13548166221128078
  • Dergi Adı: Tourism Economics
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, International Bibliography of Social Sciences, ABI/INFORM, CAB Abstracts, EconLit, Geobase, Hospitality & Tourism Complete, Hospitality & Tourism Index, DIALNET
  • Sayfa Sayıları: ss.1954-1959
  • Anahtar Kelimeler: migration fear, tourism demand, instrumental variables, tourist arrivals, cointegration, TIME-SERIES
  • Kayseri Üniversitesi Adresli: Hayır

Özet

© The Author(s) 2022.Migration and migration-caused concerns and uncertainties have been rising dramatically in recent years at the global level. However, our knowledge of the impact of migration-related concerns on tourism is limited. To address this gap, we estimate the impact of the US migration fears on tourist arrivals from Western Europe to the US using a tourism demand model. The paper employs a new robust cointegration approach with instrumental variables. Our estimates suggest that tourists from Western Europe have a negative and significant long-term response to the fear of migration in the US. The results show that migration-related concerns are constraints on the development of the tourism industry in the US.