Dutch Disease phenomenon and demand for international business travels: Panel ARDL/PMG estimation

Citation

Gholipour, Hassan F. and Tajaddini, Reza and Al-Mulali, Usama (2021) Dutch Disease phenomenon and demand for international business travels: Panel ARDL/PMG estimation. Tourism Economics. ISSN 1354-8166

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Abstract

This article explores the long-run and short-run effect of natural resource rents on inbound and outbound business travels in resource-abundant economies. By applying panel ARDL/PMG models for 25 countries with annual data for 2005–2017, our results show that increases in dependency on natural resources lead to lower demand for inbound and outbound business travels in the long run. The short-run analyses indicate that while natural resource rents have a significant and positive impact on outbound business travels, they do not affect inbound business travels.

Item Type: Article
Uncontrolled Keywords: Business travel, Dutch Disease
Subjects: G Geography. Anthropology. Recreation > G Geography > G1-922 Geography (General)
Divisions: Faculty of Business (FOB)
Depositing User: Ms Nurul Iqtiani Ahmad
Date Deposited: 11 Mar 2021 00:06
Last Modified: 11 Mar 2021 00:06
URII: http://shdl.mmu.edu.my/id/eprint/8566

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