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Sustainable tourism development and globalization

Recent insights from the United States

Bibliographic Data

ID12307336
AuthorsArshian Sharif (0000-0002-1155-4151, Otham Yehop Abdullah Graduate School of Business Universiti Utara Malaysia Sintok Malaysia), Subhan Ullah (0000-0002-9657-8274, Faculty of Accounting Ton Duc Thang University Ho Chi Minh City Vietnam, corresponding author), Muhammad Shahbaz (0000-0003-4916-7648, Beijing Institute of Technology Beijing China), Mantu Kumar Mahalik (0000-0002-4057-8734, Department of Humanities and Social Sciences IIT Kharagpur Kharagpur West Bengal India)
Year2021
Volume29
Issue5
Pages957-973
Publication date2021-04-09
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSustainable Development (JOURNAL)
Journal identifiersISSN: 0968-0802 • E-ISSN: 1099-1719
PublisherWiley (PUBLISHER • GB)
DOI10.1002/sd.2187
OpenAlexW3156199976
LanguageEN
Citations received9
References cited57

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

Development economics · Econometrics · Economic system · Economics · Economy · Financial crisis · Globalization · Macroeconomics · Market economy · Political science · Politics · Quantile · Quantile regression · Sample (material · Sustainable development · Sustainable tourism · Tourism · Cruise Tourism Development and Management · Diverse Aspects of Tourism Research · Sport and Mega-Event Impacts

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Unique citing works9
Citations per year1,8
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 9

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