The influence of economic policy uncertainty and geopolitical risk on US citizens overseas air passenger travel by regional destination

被引:13
|
作者
Payne, James E. [1 ]
Apergis, Nicholas [2 ]
机构
[1] Univ Texas El Paso, Coll Business Adm, 500 W Univ Ave, El Paso, TX 79968 USA
[2] Univ Derby, Div Econ & Finance, Business Sch, Econ, Derby, England
关键词
economic policy uncertainty; geopolitical risk; tourism demand; US overseas air travel; TOURISM DEMAND; IMPACT;
D O I
10.1177/1354816620981199
中图分类号
F [经济];
学科分类号
02 ;
摘要
This research note extends the literature on the role of economic policy uncertainty and geopolitical risk on US citizens overseas air travel through the examination of the forecast error variance decomposition of total overseas air travel and by regional destination. Our empirical findings indicate that across regional destinations, US economic policy uncertainty explains more of the forecast error variance of US overseas air travel, followed by geopolitical risk with global economic policy uncertainty explaining a much smaller percentage of the forecast error variance.
引用
收藏
页码:1333 / 1341
页数:9
相关论文
共 50 条
  • [31] Do Economic Policy Uncertainty and Geopolitical Risk Lead to Environmental Degradation? Evidence from Emerging Economies
    Anser, Muhammad Khalid
    Syed, Qasim Raza
    Lean, Hooi Hooi
    Alola, Andrew Adewale
    Ahmad, Munir
    SUSTAINABILITY, 2021, 13 (11)
  • [32] The dampening effect of geopolitical risk and economic policy uncertainty in the linkage between economic complexity and environmental degradation in the G-20
    Balsalobre-Lorente, Daniel
    Nur, Tugba
    Topaloglu, Emre E.
    Evcimen, Ceren
    JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2024, 351
  • [33] Do the emerging stock markets react to international economic policy uncertainty, geopolitical risk and financial stress alike?
    Das, Debojyoti
    Kannadhasan, M.
    Bhattacharyya, Malay
    NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2019, 48 : 1 - 19
  • [34] Dynamic regime differences in the market behavior of primary natural resources in response to geopolitical risk and economic policy uncertainty
    Mugaloglu, Erhan
    Kuskaya, Sevda
    Aldieri, Luigi
    Alnour, Mohammed
    Hoque, Mohammad Enamul
    Magazzino, Cosimo
    Bilgili, Faik
    RESOURCES POLICY, 2023, 87
  • [35] How do economic policy uncertainty and geopolitical risk affect oil imports? Evidence from China and India
    Huang, Fei-Wen
    Su, Chi-Wei
    Yang, Shengyao
    Qin, Meng
    Zhang, Weike
    ENERGY STRATEGY REVIEWS, 2025, 59
  • [36] Geopolitical risk, economic policy uncertainty, and dynamic connectedness between clean energy, conventional energy, and food markets
    Mohamed Yousfi
    Houssam Bouzgarrou
    Environmental Science and Pollution Research, 2024, 31 : 4925 - 4945
  • [37] How economic policy uncertainty and geopolitical risk affect environmental pollution: does renewable energy consumption matter?
    Wang Jiatong
    Xu, Qi
    Sibt-e-Ali, Muhammad
    Shahzad, Farrukh
    Ayub, Bakhtawer
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2023, 30 (45) : 101858 - 101872
  • [38] Geopolitical risk, economic policy uncertainty, and dynamic connectedness between clean energy, conventional energy, and food markets
    Yousfi, Mohamed
    Bouzgarrou, Houssam
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2024, 31 (03) : 4925 - 4945
  • [39] How economic policy uncertainty and geopolitical risk affect environmental pollution: does renewable energy consumption matter?
    Wang Jiatong
    Qi Xu
    Muhammad Sibt-e-Ali
    Farrukh Shahzad
    Bakhtawer Ayub
    Environmental Science and Pollution Research, 2023, 30 : 101858 - 101872
  • [40] Impact of economic policy uncertainty, geopolitical risk, and economic complexity on carbon emissions and ecological footprint: an investigation of the E7 countries
    Chu, Lan Khanh
    Dogan, Buhari
    Abakah, Emmanuel Joel Aikins
    Ghosh, Sudeshna
    Albeni, Mesut
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2023, 30 (12) : 34406 - 34427