Tourism management synergies in Sub‐Saharan Africa

Asongu, Simplice A. and Rahman, Mushfiqur and Adu‐Gyamfi, Richard and Salahodjaev, Raufhon (2024) Tourism management synergies in Sub‐Saharan Africa. World Affairs, 187 (1). pp. 63-77. ISSN 1940-1582

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The purpose of this study is to assess how some governance dynamics, such as political stability and the rule of law, moderate the incidence of some macroeconomic factors (i.e., domestic investment and trade openness) on tourism development. The focus of this study is on 47 countries in sub‐Saharan Africa with data from 2002 to 2018, and the Generalized Method of Moments is employed as the empirical strategy. From the findings, synergy effects are apparent in the role of the rule of law in moderating domestic investment for tourism development in terms of tourism receipts. It follows that, for the sampled countries, promoting tourism development can be most effective if policies for enhancing domestic investment and promoting the rule of law are implemented simultaneously.

Item Type: Article
Additional Information: ** Article version: VoR ** From Wiley via Jisc Publications Router ** History: received 05-03-2023; rev-recd 17-01-2024; accepted 03-02-2024; epub 05-03-2024. ** Licence for VoR version of this article:
Uncontrolled Keywords: synergy, 旅游发展, 协同作用, 旅游管理, Generalized Method of Moments, sinergia, political stability, tourism management, África subsahariana, tourism development, 经济增长, 广义矩量法, 撒哈拉以南非洲, 治理, governance, desarrollo turístico, rule of law, economic growth, crecimiento económico, Método Generalizado de Momentos, sub‐Saharan Africa, GMM, gobernanza, gestión turística
Subjects: 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: 05 Mar 2024 15:07
Last Modified: 27 Mar 2024 11:22

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