2020
DOI: 10.1016/j.annals.2020.103063
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Domestic tourism spending and economic vulnerability

Abstract: This study examines the influence of domestic tourism on economic vulnerability index (EVI). Domestic tourism spending has a significant effect in reducing EVI. These results are consistent with two sub-indices of EVI (shock index and exposure index). Interestingly, it is found that: (i) this impact is consistent in low- and lower-middle-income countries, while domestic tourism has a non-significantly effect in upper-middle and high-income countries of increasing EVI; (ii) these results are consistent in the l… Show more

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Cited by 69 publications
(53 citation statements)
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References 62 publications
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“…This study takes the opinions of scientists on such issues as general impact of domestic tourism on the regional economy, Nguyen Phuc Canh, Su Dinh Thanh, Peng Yu, Jinhe Zhang, Yaru Wang, ChangWang, Hongmei Zhang, 2020 [5,6], and other areas of the tourism industry, e.g. carriers, Kan Wai Hong Tsui, 2017 [7] into acount.…”
Section: Methodsmentioning
confidence: 99%
“…This study takes the opinions of scientists on such issues as general impact of domestic tourism on the regional economy, Nguyen Phuc Canh, Su Dinh Thanh, Peng Yu, Jinhe Zhang, Yaru Wang, ChangWang, Hongmei Zhang, 2020 [5,6], and other areas of the tourism industry, e.g. carriers, Kan Wai Hong Tsui, 2017 [7] into acount.…”
Section: Methodsmentioning
confidence: 99%
“…In the present study, opinions of scientists as to general impact of domestic tourism on regional economics (Nguyen Phuc Canh, Su Dinh Thanh, Peng Yu, Jinhe Zhang, Yaru Wang, ChangWang, Hongmei Zhang, 2020 [1,2]), and also of some participants of the tourism market, for example, carriers, (Kan Wai Hong Tsui, 2017 [3]) are taken into consideration.…”
Section: Background and Methodsmentioning
confidence: 99%
“…The tourism and hospitality industry has been a major casualty of COVID-19: restaurant business has plummeted due to local and global shutdowns, and hotels worldwide have lost billions from cancelled reservations (Ozili and Arun, 2020). While these economic shocks are jarring, economic vulnerability in the tourism context remains underexplored (Canh and Thanh, 2020), and the ultimate consequences of economic downturns remain to be seen. Essentially, vulnerability is a fatal aspect of tourism.…”
Section: Introductionmentioning
confidence: 99%