How security impacts tourism to low-income countries : a gravity model approach
Abstract: The steadily increasing international tourism has grown to become one of the largest export categories in the world. In this paper I study the effect of security on international tourism flow from the G-7 countries to low-income countries. I use a gravity type approach for cross-sectional data, the year 2014, with 10 variables among them two security variables. My results suggest that no relationship exists between security and tourism flows. However, I am reluctant to draw any type of definite conclusion due to possible weaknesses in method. By highlighting the economic contribution of international tourism, I feel it is necessary to continue with similar studies at both global and regional levels.
AT THIS PAGE YOU CAN DOWNLOAD THE WHOLE ESSAY. (follow the link to the next page)