China-Pakistan economic corridor, governance, and tourism nexus: evidence from Gilgit-Baltistan, Pakistan

ABSTRACT

This study corroborates the mediating role of China-Pakistan Economic Corridor while studying the role of good governance in fostering tourism in Gilgit-Baltistan, Pakistan. Burgeoning importance of good governance and easy access to tourist destination has escalated influence on tourist decision to choose a place to visit. Using Structure Equation modelling for data from 10 districts of Gilgit-Baltistan for mediation analysis, we found that governance has a strong and significant direct as well as indirect impact on the tourism industry. Results further suggest that CPEC significantly influences tourism in Gilgit-Baltistan.

KEYWORDS:

• CPEC
• good governance
• law and order
• political stability
• tourist arrivals

Acknowledgements

This research was funded by Higher Education Commission (HEC), Pakistan under the Thematic Research Grant 2018

Disclosure statement

No potential conflict of interest was reported by the author(s).

Notes

1 More details on CPEC are given by Baig et al. (2020)

Additional information

Funding

This research was funded by Higher Education Commission, Pakistan under the Thematic Research Grant 2018.