Research Article

The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries

Volume: 6 Number: 2 December 31, 2021
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The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries

Abstract

This study aims to investigate the relationship between economic freedoms and tourism competitiveness with respect to Latin American countries. Index of Economic Freedom published by Heritage Foundation was used as the indicator of economic freedoms. Travel and Tourism Competitiveness Index published by World Economic Forum was utilized as the indicator of tourism competitiveness. In addition to government spending, which is a sub-index of the index of economic freedom, Corruption Perception Index, GDP per capita, foreign direct investments, and trade openness ratio were included in the study as control variables. Panel data analysis was carried out using data of the period 2007-2019 belonging to 18 Latin American countries. It was found out at the end of the analysis that as economic freedoms increased in Latin American countries; tourism competitiveness also increased in these countries.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

December 31, 2021

Submission Date

March 30, 2021

Acceptance Date

September 1, 2021

Published in Issue

Year 2021 Volume: 6 Number: 2

APA
Çoban, M. N. (2021). The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi, 6(2), 192-202. https://doi.org/10.33905/bseusbed.906691
AMA
1.Çoban MN. The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi. 2021;6(2):192-202. doi:10.33905/bseusbed.906691
Chicago
Çoban, Mustafa Necati. 2021. “The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries”. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi 6 (2): 192-202. https://doi.org/10.33905/bseusbed.906691.
EndNote
Çoban MN (December 1, 2021) The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi 6 2 192–202.
IEEE
[1]M. N. Çoban, “The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries”, Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi, vol. 6, no. 2, pp. 192–202, Dec. 2021, doi: 10.33905/bseusbed.906691.
ISNAD
Çoban, Mustafa Necati. “The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries”. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi 6/2 (December 1, 2021): 192-202. https://doi.org/10.33905/bseusbed.906691.
JAMA
1.Çoban MN. The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi. 2021;6:192–202.
MLA
Çoban, Mustafa Necati. “The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries”. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi, vol. 6, no. 2, Dec. 2021, pp. 192-0, doi:10.33905/bseusbed.906691.
Vancouver
1.Mustafa Necati Çoban. The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries. Bilecik Şeyh Edebali Üniversitesi Sosyal Bilimler Dergisi. 2021 Dec. 1;6(2):192-20. doi:10.33905/bseusbed.906691

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