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dc.contributor.authorGholipour, HF
dc.contributor.authorNunkoo, R
dc.contributor.authorForoughi, B
dc.contributor.authorDaronkola, HK
dc.description.abstractUncertainty, which is the only certain thing about the future, influences economic agents, their behaviours and economic activity. Debates and concerns about policy uncertainty have intensified following events such as the financial crisis, Brexit and more recently, the Covid-19 pandemic. The purpose of this study is to investigate the impact of changes in economic policy uncertainty and consumer confidence in a set of major economies on tourism flows to African countries. Using data over the period of 2005–2019 and applying panel difference generalized method of moments method, our results show that a positive change in consumer confidence in Canada, China, France, Japan, Russia and the United Kingdom (UK) has favorable impact on tourism departures from these countries to 25 African countries. We also find that a positive change in uncertainty in Canada, Russia, Spain and the UK has negative effect on tourist departures from these countries to African countries. The implications of the results for tourism development in African countries are discussed.
dc.publisherSAGE Publications
dc.relation.ispartofjournalTourism Economics
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchBusiness and Management
dc.titleEconomic policy uncertainty, consumer confidence in major economies and outbound tourism to African countries
dc.typeJournal article
dc.type.descriptionC1 - Articles
dcterms.bibliographicCitationGholipour, HF; Nunkoo, R; Foroughi, B; Daronkola, HK, Economic policy uncertainty, consumer confidence in major economies and outbound tourism to African countries, Tourism Economics, 2021
gro.description.notepublicThis publication has been entered as an advanced online version in Griffith Research Online.
gro.hasfulltextNo Full Text
gro.griffith.authorNunkoo, Robin

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