Araştırma Makalesi

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

Cilt: 6 Sayı: 2 31 Aralık 2021
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The Impact of Economic Freedoms on Tourism Competitiveness: Empirical Evidence from Latin America Countries

Öz

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.

Anahtar Kelimeler

Kaynakça

  1. Ali, A. M. (2003). Institutional differences as sources of growth differences. Atlantic Economic Journal, 31(4), 348–362.
  2. Baltagi, B. (2008). Econometric analysis of panel data. John Wiley & Sons.
  3. Barro, R., & Sala-i-Martin, X. (2004). Economic growth second edition. Cambridge MA.: The MIT Press.
  4. Borović, Z. (2014). Does economic freedom impact economic growth: Evidence from two Western Balkan countries. Industrija, 42(2), 57–70.
  5. Das, J., & Dirienzo, C. (2010). Tourism competitiveness and corruption: A cross-country analysis. Tourism Economics, 16(3), 477–492.
  6. Das, J., & DiRienzo, C. E. (2009). Global tourism competitiveness and freedom of the press: A nonlinear relationship. Journal of Travel Research, 47(4), 470–479.
  7. Dawson, J. W. (1998). Institutions, investment, and growth: New cross‐country and panel data evidence. Economic Inquiry, 36(4), 603–619.
  8. De Haan, J., & Sturm, J.-E. (2000). On the relationship between economic freedom and economic growth. European Journal of Political Economy, 16(2), 215–241.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

31 Aralık 2021

Gönderilme Tarihi

30 Mart 2021

Kabul Tarihi

1 Eylül 2021

Yayımlandığı Sayı

Yıl 2021 Cilt: 6 Sayı: 2

Kaynak Göster

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 (01 Aralık 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, c. 6, sy 2, ss. 192–202, Ara. 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 (01 Aralık 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, c. 6, sy 2, Aralık 2021, ss. 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. 01 Aralık 2021;6(2):192-20. doi:10.33905/bseusbed.906691

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