Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/227969 
Year of Publication: 
2019
Series/Report no.: 
AGDI Working Paper No. WP/19/094
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
This study investigated the sustainability of global tourism in 163 countries for the period 2010 to 2015. Given the richness of the dataset, the data has been decomposed into 11 fundamental characteristics based on income levels, legal origins and openness to the sea. The empirical evidence was based on Generalised Method of Moments (GMM). Three main hypotheses were tested from which three broad findings were established. First, Hypothesis 1 is overwhelmingly valid because persistence in tourist arrivals is consistently an increasing function of income levels. Hypothesis 2 is not valid because French civil law countries are associated with comparatively higher levels of persistence in tourist arrivals. Hypothesis 3 is invalid because landlocked countries reflect higher levels of tourism persistence.
Subjects: 
Tourism Sustainability
Income Level
Generalised Method of Moments (GMM)
JEL: 
D74
Z32
Z38
Document Type: 
Working Paper

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