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Sustainable tourism development and globalization: Recent insights from the United States
Sustainable Development ( IF 9.9 ) Pub Date : 2021-04-09 , DOI: 10.1002/sd.2187
Arshian Sharif 1, 2 , Subhan Ullah 3 , Muhammad Shahbaz 4, 5 , Mantu Kumar Mahalik 6
Affiliation  

Our study explores the relationship between tourism and globalization (both overall, and in terms of three sub-indices, namely economic, social, and political globalization) in the United States (US) using monthly data from January 1995 to December 2017. We employ the quantile-on-quantile (QQ) regression technique for our analysis. The sample period of the present study allows the separate examination of the relationship between globalization and tourism both before the global financial crisis (1995–2007) and after (2008–2017). The findings suggest that in the US during the precrisis era, all the globalization indices and tourism are positively bidirectionally related. During the postcrisis period, all globalization indices positively affect tourism, but tourism has a negative effect on economic and political globalization. The theoretical and policy implications of the empirical findings are discussed.

中文翻译:

可持续旅游发展与全球化:美国的最新见解

我们的研究使用 1995 年 1 月至 2017 年 12 月的月度数据,探讨了美国 (US) 旅游业与全球化(整体以及三个分项指数,即经济、社会和政治全球化)之间的关系。我们采用分位数对分位数 (QQ) 回归技术用于我们的分析。本研究的样本期允许在全球金融危机之前(1995-2007)和之后(2008-2017)分别考察全球化与旅游业之间的关系。研究结果表明,在危机前时期的美国,所有全球化指数与旅游业都呈正双向相关。在后危机时期,所有全球化指数都对旅游业产生积极影响,但旅游业对经济和政治全球化产生消极影响。
更新日期:2021-04-09
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