The effectiveness of the legal system and inbound tourism

Giray Gozgor, Chi Keung Lau, Yan Zeng, Zhibin Lin

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

This paper investigates the impacts of the effectiveness of the legal system and protection of the property rights on tourism development using a panel data of 152 countries over the period 1995–2015. The paper considers the fixed-effects, Hausman–Taylor (HT), and system generalized method of moments (GMM) estimations and the results demonstrate that a higher level of legal system quality and better protection of property rights promote inbound tourism. Specifically, the results show that higher judicial independence and better enforcement of contracts enhance the development of tourism. The benchmark results are robust to focus on the different groups of countries and measures for tourism development as well as to exclude the outlier observations.

Original languageEnglish
Pages (from-to)24-35
Number of pages12
JournalAnnals of Tourism Research
Volume76
Early online date13 Mar 2019
DOIs
Publication statusPublished - May 2019

    Fingerprint

Cite this