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This paper explores the mitigating effect of democratic institutions in the nexus of tourism and pandemic‐induced uncertainty in 24 Organisation for Economic Co‐operation and Development (OECD) countries. Utilizing dynamic panel data analysis in the modeling process, the findings reveal that increased pandemic‐related uncertainty in the target market negatively affects the tourism demand. However, the presence of democratic institutions in the destination country positively affects the tourism demand. Finally, democratic institutions help mitigate the negative effects of pandemic uncertainty on tourism demand. The research highlights that a democratic destination can provide a more favorable environment for tourism development amid pandemic uncertainty. [ABSTRACT FROM AUTHOR]

While the first chapter presents the fundamental concepts of statistics necessary for econometrics, the second chapter introduces the structure of economic data and basic data handling, which is essential for empirical research. Applied Econometrics: by Dimitrios Asteriou and Stephen G. Hall, Red Globe Press (2021). The book serves as an excellent textbook to introductory econometrics and a valuable compendium of practical matters in econometrics. Part V delves into advanced econometrics, and it is entirely devoted to time-series econometrics. [Extracted from the article]