Does environmental policy stringency discourage inbound tourism in the G7 countries? Evidence from panel quantile regression

Durani, Farah; Cong, Phan The; Syed, Qasim Raza; Apergis, Nicholas

doi:10.1007/s10668-023-03239-4

Cited by 6 publications

(1 citation statement)

References 36 publications

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“…To reinforce the robustness and stability of our estimation results, this study incorporates a set of key control variables into the research framework. Drawing on the insights from the works of Durani et al [56], Rastogi and Kanoujiya [57], and Canbay et al [58], we have incorporated inflation into our analytical structure. This inclusion reflects the recognition of inflation's potential influence on travel decisions and tourism patterns.…”

Section: Variable Descriptionmentioning

confidence: 99%

Quantifying the ‘Yellow Card Policy’ Effect: An Intervention Analysis of Chinese Tourist Migration to South Korea amidst the COVID-19 Pandemic

He,

Bai

2023

Sustainability

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The focal point of this investigation is to unravel the intricate consequences of the ‘Yellow Card Policy’ enacted by South Korea on the inflow of Chinese tourists, set against the backdrop of the tumultuous global disruption instigated by the COVID-19 pandemic. Leveraging a dataset delineating monthly periods from January 2020 to May 2023 and invoking the intervention analysis method for empirical evaluation, we excavate a series of salient findings. We discern that South Korea’s “Yellow Card Policy” casts a significant negative shadow over the magnitude of Chinese tourist arrivals, with a particularly profound impact on the long-term outlook. Simultaneously, our investigation illuminates a discernible negative correlation between South Korea’s inflation rate and the influx of Chinese tourists, thereby underlining the critical influence of domestic economic health on international tourism trajectories. Conversely, we observe a distinct positive association between the China–South Korea exchange rate and the influx of Chinese tourists. This insinuates that an advantageous exchange rate can serve as a compelling economic catalyst, stimulating tourism demand by making the host country more financially appealing to potential tourists. In essence, this array of findings paints a multifaceted tableau of how policy maneuvers, economic landscapes, and global health upheavals converge to sculpt the contours of international tourism.

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Section: Variable Descriptionmentioning

confidence: 99%

Quantifying the ‘Yellow Card Policy’ Effect: An Intervention Analysis of Chinese Tourist Migration to South Korea amidst the COVID-19 Pandemic

He,

Bai

2023

Sustainability

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Testing the environmental Kuznets curve (EKC) hypothesis amidst climate policy uncertainty: sectoral analysis using the novel Fourier ARDL approach

Hashmi

Syed

et al. 2023

Environ Dev Sustain

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In recent years, climate policy has experienced several episodes of crest and trough in the US, which has induced profound uncertainty. This climate policy uncertainty (CPU) may exert economic, social, and environmental impacts. Therefore, using the environmental Kuznets curve (EKC) framework, this study targets to probe whether CPU affects sectoral carbon dioxide emissions (COE) in the US. We make use of advanced econometric procedures such as the novel SOR unit root test (to probe the order of integration of the entire dataset) and the novel Fourier ARDL approach (to retrieve the long- and short-run estimates). The findings delineate that the EKC holds for the industrial, electric power, commercial, and residential sectors. In addition, CPU escalates COE in the residential, commercial, and electric power sectors in both the long- and short-run. Parallel to this, CPU affects industrial COE neither in the short-run nor in the long-run. Keeping in view the key findings, we propose a set of sector-specific policy implications to curb COE.

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Can low-carbon city pilot policy boost tourism development? Empirical evidence from China

Wang,

Ning,

Niu

et al. 2024

Environ Sci Pollut Res

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Does environmental policy stringency discourage inbound tourism in the G7 countries? Evidence from panel quantile regression

Cited by 6 publications

References 36 publications

Quantifying the ‘Yellow Card Policy’ Effect: An Intervention Analysis of Chinese Tourist Migration to South Korea amidst the COVID-19 Pandemic

Quantifying the ‘Yellow Card Policy’ Effect: An Intervention Analysis of Chinese Tourist Migration to South Korea amidst the COVID-19 Pandemic

Testing the environmental Kuznets curve (EKC) hypothesis amidst climate policy uncertainty: sectoral analysis using the novel Fourier ARDL approach

Can low-carbon city pilot policy boost tourism development? Empirical evidence from China

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