133
Views
0
CrossRef citations to date
0
Altmetric
Research Letter

Do trade in environmental goods and remittances promote tourism development? New insights from RCEP countries

&
Pages 2533-2537 | Received 10 Jul 2023, Accepted 18 Aug 2023, Published online: 30 Aug 2023

References

  • Athari, S. A., Alola, U. V., Ghasemi, M., & Alola, A. A. (2021). The (Un)sticky role of exchange and inflation rate in tourism development: Insight from the low and high political risk destinations. Current Issues in Tourism, 24(12), 1670–1685. https://doi.org/10.1080/13683500.2020.1798893
  • Bai, J. (2009). Panel data models with interactive fixed effects. Econometrica, 77(4), 1229–1279. https://doi.org/10.3982/ECTA6135
  • Driscoll, J. C., & Kraay, A. C. (1998). Consistent covariance matrix estimation with spatially dependent panel data. Review of Economics and Statistics, 80(4), 549–560. https://doi.org/10.1162/003465398557825
  • Hasan, M. A., Abdullah, M., Hashmi, M. A., & Sajid, A. (2022). International remittances and international tourism development in South Asia: The moderating role of political stability. Journal of Economic Impact, 4(3), 177–187. https://doi.org/10.52223/jei4032204
  • Katircioglu, S. (2009). Tourism, trade and growth: The case of Cyprus. Applied Economics, 41(21), 2741–2750. https://doi.org/10.1080/00036840701335512
  • Koh, S. G., Lee, G. H., & Kwok, A. O. (2023). Regional comprehensive economic partnership (RCEP) and tourism: Four research propositions. Tourism and Hospitality Research. https://doi.org/10.1177/14673584231165946
  • Kripfganz, S., & Sarafidis, V. (2021). Instrumental-variable estimation of large-T panel-data models with common factors. The Stata Journal: Promoting Communications on Statistics and Stata, 21(3), 659–686. https://doi.org/10.1177/1536867X211045558
  • Kulendran, N., & Wilson, K. (2000). Is there a relationship between international trade and international travel? Applied Economics, 32(8), 1001–1009. https://doi.org/10.1080/000368400322057
  • Kumar, M., Prashar, S., & Jana, R. (2018). Does international tourism spur international trade and output? Evidence from wavelet analysis. Tourism Economics, 25(1), 22–33. https://doi.org/10.1177/1354816618788392
  • Kumar, R. R. (2014). Exploring the nexus between tourism, remittances and growth in Kenya. Quality and Quantity, 48(3), 1573–1588. https://doi.org/10.1007/s11135-013-9853-1
  • Mora-Rivera, J., Cerón-Monroy, H., & García-Mora, F. (2019). The impact of remittances on domestic tourism in Mexico. Annals of Tourism Research, 76(February), 36–52. https://doi.org/10.1016/j.annals.2019.03.002
  • Mora-Rivera, J., & García-Mora, F. (2021). International remittances as a driver of domestic tourism expenditure: Evidence from Mexico. Journal of Travel Research, 60(8), 1752–1770. https://doi.org/10.1177/0047287520962222
  • Norkutė, M., Sarafidis, V., Yamagata, T., & Cui, G. (2021). Instrumental variable estimation of dynamic linear panel data models with defactored regressors and a multifactor error structure. Journal of Econometrics, 220(2), 416–446. https://doi.org/10.1016/j.jeconom.2020.04.008
  • Pesaran, M. H. (2006). Estimation and inference in large heterogeneous panels with a multifactor error structure. Econometrica, 74(4), 967–1012. https://doi.org/10.1111/j.1468-0262.2006.00692.x
  • Richardson. (2021). The role of tourism in sustainable development strategies. Oxford Research Encyclopedia of Environmental Science, 8(2). https://doi.org/10.1093/acrefore/9780199389414.013.387
  • Shan, J., & Wilson, K. (2001). Causality between trade and tourism: Empirical evidence from China. Applied Economics Letters, 8(4), 279–283. https://doi.org/10.1080/135048501750104114
  • Thach, N. N., & Ngoc, B. H. (2023). Nexus between tourism and ecological footprint in RCEP : Fresh evidence from Bayesian MCMC random-effects sampling. Cogent Business & Management, 10(1), https://doi.org/10.1080/23311975.2023.2208703
  • UNWTO. (2015). Tourism in the 2030 agenda. Calle Poeta Joan Maragall 42 28020 Madrid, Spain. Available at: https://www.unwto.org/tourism-in-2030-agenda#:~:text = Sustainable
  • WTO. (2022). The contribution of trade in environmental goods and services. Word Trade Report 2022. https://www.wto.org/english/res_e/booksp_e/wtr22_e/wtr22_ch6_e.pdf
  • Wu, W., Su, Q., Li, C., Yan, C., & Gozgor, G. (2020). Urbanization, disasters, and tourism development: Evidence from RCEP countries. Sustainability (Switzerland), 12(3), 1–14.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.