Theoretical and Applied Economics
No. 1 / 2023 (634), Spring
The effects of geopolitical risks on tourism revenues of the Middle East and Asian countries
University of Szeged, Hungary
Peter KOVACS
University of Szeged, Hungary
Abstract. In this study; the effects of Geopolitical Risks (GPR) on tourism revenue of the Middle East and Asia countries were examined by using panel data analysis under the cross-section dependency for the 1995-2021 period. According to the results, GPR has negative effects on tourism income in China, Hong Kong, India, Malaysia and Korea. Relative prices have a positive effect on tourism income in Indonesia, Malaysia, S. Arabia and Thailand. There are causality relations between GPR to tourism income in China, Hong Kong, Israel, Malaysia, Philippines, Russia, Korea and Thailand. Relative prices affect the tourism income in China, Hong Kong, Israel, Malaysia, Thailand and Turkey.
Keywords: geopolitical risk index, tourism revenue, panel data analysis under the cross-sectional dependence.
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Contents
- Obstacles to innovation and policy implications:
exploring the case of Romanian firms
Mihaela DIACONU
- Adjusting the 5C pentagon for better health policymaking:
observing the leading behavioural risks factors
(diet, smoking, and alcohol consumption)
Ioana Teodora BIŢOIU
Cristina Elena NICOLESCU
- Incentivizing CEOs via pay and forced turnover:
Do tenure and managerial ability matter?
Nadide BANU OLCAY GÜNER
- Forecasting the Romanian inflation rate: An Autoregressive
Integrated Moving-Average (ARIMA) approach
Rareș-Petru MIHALACHE
Dumitru Alexandru BODISLAV
- The effects of geopolitical risks on tourism revenues
of the Middle East and Asian countries
Ismet GOCER
Peter KOVACS
- The potential of macroeconomic forces and ICT
in affecting the sectorial growth: ARDL approach
in the context of East Asian countries
Sadik Aden DIRIR
- Validity of asset pricing models in Istanbul Stock Exchange
(ISE) information technology index
Akin ARDA
Arif SALDANLI
Sümeyra UZUN
- Dynamic relationship between external debt
and unemployment in Sub-Saharan Africa
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Juabin MATEY
- An analysis of factors influencing empowerment
of rural women through Deendayal Antyodaya Yojana –
National Rural Livelihood Mission (SGSY)
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in Tunisia: Evidence from a Bayesian VAR
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Foued Badr GABSI
- Research on the evolution of migration in Romania
after the fall of the communist regime
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Elena Florentina MATEI
- Black Sea and East Mediterranean
approach on sustainable development
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Silvia DUMITRESCU-POPA
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in current international relations
within the paradigm of globalization
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Evidence from Canadian seniors
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Wilner PREDELUS
- Inflation targeting and exchange rate pass-through in India:
Lessons from international experience
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Mirza Allim BAIG
- The circular economics of constructions
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- Market mood index and stock market.
Evidence from National Stock Exchange
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Yogesh KUMAR
- Analysis of the effects of social and fiscal policy
on incomes during the COVID-19 pandemic in Romania
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Amalia CRISTESCU
Silvana BOBÂRNAT
