Law, political stability, tourism management and economic development in sub-Saharan Africa

Asongu, Simplice A. and Rahman, Mushfiqur and Nnanna, Joseph (2022) Law, political stability, tourism management and economic development in sub-Saharan Africa. Current Issues in Tourism, 26 (16). pp. 2678-2691. ISSN 1747-7603

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Official URL: https://doi.org/10.1080/13683500.2022.2093699

Abstract

This study complements the extant literature by assessing how the rule of law and political stability modulate tourism development dynamics (i.e. tourism receipts and tourism expenditure) to affect economic development in terms of gross domestic product (GDP) per capita. The study focuses on 47 countries in sub-Saharan Africa (SSA) with data for the period 2002–2018 and the empirical evidence is based on the Generalized Method of Moments. The study finds that: (i) the rule of law modulates both tourism receipts and tourism expenditure for overall positive effects on economic development and (ii) political stability modulates tourism receipts for an overall positive impact on economic development. Policy implications are discussed.

Item Type: Article
Additional Information: ** From Crossref journal articles via Jisc Publications Router ** History: received 18-05-2022; accepted 15-06-2022; epub 06-07-2022; issued 06-07-2022; published 06-07-2022; ppub 18-08-2023.
Uncontrolled Keywords: Tourism, Leisure and Hospitality Management, Geography, Planning and Development
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
J Political Science > JA Political science (General)
Divisions: Institutes and Academies > Institute of Management and Health > Business, Finance and Management
SWORD Depositor: JISC Publications Router
Depositing User: JISC Publications Router
Date Deposited: 03 Jul 2023 11:14
Last Modified: 13 Nov 2023 16:27
URI: https://repository.uwtsd.ac.uk/id/eprint/2479

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