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Multilateral political effects on outbound tourism

Lookup NU author(s): Dr Ying ZhangORCiD

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Abstract

To capture the role of politics in tourism, we propose a novel measure to quantify political relations based on text analysis of published diplomatic statements. We explain how political relations affect outbound tourist flows from China to Japan and Korea. Estimated on monthly data (1997m1-2018m12), our model shows how China-Japan disputes affect tourist flows to Korea and how China-Korea clashes influence the number of Chinese tourists going to Japan. The political effects are estimated to peak after three months, but half of the effects vanish in six months. We also observe asymmetries in the political effects—the tourists respond more to negative political shocks than to positive ones, and more to territorial disputes than to war history disputes.

Publication metadata

Author(s): Zhou B, Zhang Y, Zhou P

Publication type: Article

Publication status: Published

Journal: Annals of Tourism Research

Year: 2021

Volume: 88

Print publication date: 01/05/2021

Online publication date: 05/03/2021

Acceptance date: 20/02/2021

ISSN (print): 0160-7383

ISSN (electronic): 1873-7722

Publisher: Elsevier Ltd

URL: https://doi.org/10.1016/j.annals.2021.103184

DOI: 10.1016/j.annals.2021.103184

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