There is co-relation between national endowment and acceding to the health industry. The national power of each country reflects the level of influence at different levels of political, economic, and so on in order to advance a country’s major goals. National power is not a mere abstraction, but the national power of a country is the result of a set of variables that all lead to the formation of a nation’s national power. This article focuses on the national strength of the Western European Union (EU) countries of the United States, Canada, Mexico, Australia and New Zealand. As the national power of states determines the extent of their interactions and levels, it is necessary to investigate and measure this issue. In this paper, using the descriptive-analytical and mathematical methods of SAV and TOPSIS and finally averaging these two methods to measure the factors affecting the national power of countries based on the nine components of national power (political, economic, social, cultural, Educational, transboundary, space, territorial and military science).The results show that the United States, Canada, Germany, France, Australia, Luxembourg, Sweden, and Denmark ranksfirst.
Behavioral economics has proven that negative emotions can influence investors’ decisions. One of the factors that have a negative impact on investors’ sentiment is terrorism as the new face of violence with economic consequences. The link between terrorism and capital outflow is a theoretical framework that explains how violence affects capital flight of a country. With this in mind, the purpose of this study is to investigate the effect of terrorist activities on capital flight in the Middle East countries during the period 2000-2016 using the Spatial Econometric Panel Data Approach. The results of this study show that terrorism and its spatial effects have a significant and positive impact on capital flight in the Middle East countries. Also, gross domestic production (GDP) and trade openness have negative effects on capital outflow. This study has important implications for policymakers in countries facing terrorist activity and investors’ trust building.
Today, the tourism industry is one of the most influential industries in the economies of societies, especially in countries seeking a substitute for the export of single-product resources. Having a young population seeking job and great tourism attractions in the region and the world, Iran is in a good place in terms of tourist attraction. Despite the favorable conditions, its status is not favorable in comparison to similar countries. Accordingly, the present study aims to analyze the main determinants of international tourism demand of Iran by examining the current and desirable situation during the period of 1991-2018. Also, it aims to estimate the function of tourism demand in Iran in this time period using the ARDL method.
The results of the present study show that the variables of national income of the origin countries (tourist sender), the volume of trade between Iran and other countries, security, as well as the ratio of consumer price index in Iran to consumer price index in origin countries are the most important determinant indicators of Iran’s international tourism demand in the short and long term, respectively. In addition, the negative elasticity of security and price index and the positive elasticity of national income and trade volume, as well as the positive coefficient of the number of tourists in the previous period indicate the effect of these indicators in this study.
Keywords: Tourism demand, ARDL, demand determinants.
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