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1. Tourism management synergies in Sub‐Saharan Africa.

Author

Asongu, Simplice A., Rahman, Mushfiqur, Adu‐Gyamfi, Richard, and Salahodjaev, Raufhon

Subjects
TOURISM management, GENERALIZED method of moments, POLITICAL stability, DOMESTIC tourism, RULE of law
Abstract

Copyright of World Affairs is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Published
2024
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2. Tourism management synergies in Sub-Saharan Africa

Author

Asongu, Simplice, Rahman, Mushfiqur, Adu-Gyamfi, Richard, and Salahodjaev, Raufhon

Subjects
O10, Sub-Saharan Africa, Tourism Management, Z32, Economic Growth, O40, ddc:330, Z3
Abstract

The purpose of this study is to assess how some governance dynamics such as political stability and the rule of law modulate the incidence of some macroeconomic factors (i.e. domestic investment and trade openness) on tourism development. The focus of this study is on 47 countries in sub-Saharan Africa with data from 2002 to 2018, and the Generalized Method of Moments is employed as the empirical strategy. From the findings, synergy effects are apparent in the role of the rule of law in modulating domestic investment for tourism development in terms of tourism receipts. It follows that, for the sampled countries, promoting tourism development can be most effective if policies for enhancing domestic investment and promoting the rule of law are implemented simultaneously.

Published
2022

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