Democratic transition, political risk, economic instability, and tourist inflows: The case of Tunisia

• Chaker Aloui ^[1] ; Hela Ben Hamida ^[2] ; Besma Hkiri ^[3]
  1. [1] Prince Sultan University

     Prince Sultan University

     Arabia Saudí

     
  2. [2] Imam Muhammad ibn Saud Islamic University

     Imam Muhammad ibn Saud Islamic University

     Arabia Saudí

     
  3. [3] Jeddah University

     Jeddah University

     Arabia Saudí

     

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• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 27, Nº. 5, 2021, págs. 1157-1165
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • This article assesses the effect of the political risk and economic instability on the tourist arrivals in Tunisia using various wavelet methods. Our findings reveal a substantial effect of political risk over the short and medium terms, while the risk of economic effect is more perceptible over the long run. These outcomes are robust when using standard time series modeling. Terrorist incidents and political uneasiness increase the perception of risk and affect the tourism inflows over the short run. Governments are invited to indorse security and tourism safety because if not, the tourism demand will impede the economic growth over the long run.