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

来源：

TOURISM ECONOMICS | 2022年 / 28卷 / 05期

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

页码：1333 / 1341

页数：9

共 50 条

[41] Impact of economic policy uncertainty, geopolitical risk, and economic complexity on carbon emissions and ecological footprint: an investigation of the E7 countries
Lan Khanh Chu
Buhari Doğan
Emmanuel Joel Aikins Abakah
Sudeshna Ghosh
Mesut Albeni
Environmental Science and Pollution Research, 2023, 30 : 34406 - 34427
[42] Does economic policy uncertainty influence executive risk-taking incentives?
Chatjuthamard, Pattanaporn
Wongboonsin, Patcharawalai
Kongsompong, Kritika
Jiraporn, Pornsit
FINANCE RESEARCH LETTERS, 2020, 37
[43] Time-varying impact of economic policy uncertainty and geopolitical risk on tourist arrivals: Evidence from a developing country
Zhang, Hongwei
Jiang, Zhuoyu
Gao, Wang
Yang, Cai
TOURISM MANAGEMENT PERSPECTIVES, 2022, 41
[44] Geopolitical-Risk and Economic Policy-Uncertainty Impacts on Tourist Flows from Neighboring Countries: A Wavelet Analysis
Kazakova, Alisa
Kim, Insin
SUSTAINABILITY, 2021, 13 (24)
[45] ON THE RELATIONSHIP BETWEEN ECONOMIC POLICY UNCERTAINTY, GEOPOLITICAL RISK AND STOCK MARKET RETURNS IN SOUTH KOREA: A QUANTILE CAUSALITY ANALYSIS
Adebayo, Tomiwa Sunday
Saint Akadiri, Seyi
Rjoub, Husam
ANNALS OF FINANCIAL ECONOMICS, 2022, 17 (01)
[46] How geopolitical risk and economic policy uncertainty impact coal, natural gas, and oil rent? Evidence from China
Zhou, Bingjun
Huang, Yan
Gao, Ke
Luo, Chunyang
RESOURCES POLICY, 2024, 88
[47] The effect of US economic policy uncertainty on market risk of international crude oil and the portfolio strategy
Zhao, Yu
Zhu, Jianchan
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2022,
[48] How Do Economic Policy Uncertainty, Geopolitical Risk, and Environmental Performance Affect Capital Flows? Evidence from Emerging Markets
Balakrishnan, A.
Veeravel, V.
JOURNAL OF ECONOMIC INTEGRATION, 2025, 40 (01) : 91 - 118
[49] Navigating the environmental impact of geopolitical risk and economic policy uncertainty: Evidence from load capacity curve hypothesis in BRICST economies
Khan, Khatib Ahmad
Cong, Phan The
Abbas, Ali
Ahmad, Paiman
Quynh, Nguyen Ngoc
Nguyen, Minh-Quang
Anwar, Ahsan
NATURAL RESOURCES FORUM, 2024,
[50] Correlation between geopolitical risk, economic policy uncertainty, and Bitcoin using partial and multiple wavelet coherence in P5
Singh, Sanjeet
Bansal, Pooja
Bhardwaj, Nav
RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2022, 63

← 1 2 3 4 5 →