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Pandemic‐induced uncertainty and tourism demand: Evidence on the moderator effect of democratic institutions      
Yazarlar
Prof. Dr. Oktay KIZILKAYA Prof. Dr. Oktay KIZILKAYA
Kırşehir Ahi Evran Üniversitesi, Türkiye
Emrah Koçak
Erciyes Üniversitesi, Türkiye
Eyüp Emre Uluğ
Türkiye
Ali Gökhan Yücel
Türkiye
Özet
This paper explores the mitigating effect of democratic institutions in the nexus of tourism and pandemic-induced uncertainty in 24 Organisation for Economic Co-operation and Development (OECD) countries. Utilizing dynamic panel data analysis in the modeling process, the findings reveal that increased pandemic-related uncertainty in the target market negatively affects the tourism demand. However, the presence of democratic institutions in the destination country positively affects the tourism demand. Finally, democratic institutions help mitigate the negative effects of pandemic uncertainty on tourism demand. The research highlights that a democratic destination can provide a more favorable environment for tourism development amid pandemic uncertainty.
Anahtar Kelimeler
democratic institutions | generalized method of moments | pandemic uncertainty | panel data | tourism demand
Makale Türü Özgün Makale
Makale Alt Türü SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale
Dergi Adı INTERNATIONAL JOURNAL OF TOURISM RESEARCH
Dergi ISSN 1099-2340
Dergi Tarandığı Indeksler SSCI, SSCI, SCOPUS, Curation, Current Contents Social And Behavioral Sciences, Essential Science Indicators, Journal Citation Reports Social Sciences, Reference Master, Sophia
Dergi Grubu Q1
Makale Dili İngilizce
Basım Tarihi 07-2024
Cilt No 26
Sayı 4
Doi Numarası 10.1002/jtr.2725
Makale Linki https://onlinelibrary.wiley.com/doi/full/10.1002/jtr.2725