TY - JOUR
T1 - Capital investment in telecommunications infrastructure and tourist arrivals in developing countries : does the public–private sectors relationship matter?
AU - Gholipour, Hassan F.
AU - Andargoli, Amirhossein Eslami
AU - Arjomandi, Amir
AU - Foroughi, Behzad
PY - 2022
Y1 - 2022
N2 - This study investigates the relationship between capital investment in telecommunications infrastructure (TELCOM) and tourist arrivals in developing countries. Additionally, it examines whether the public–private sectors relationship moderates the effect of TELCOM on inbound tourism. The model is empirically tested for 46 developing countries for the years 2005–2019. Applying system generalized method of moments and dynamic fixed-effects estimators, the results show there is a positive and significant relationship between TELCOM and tourist arrivals. We also find that a stronger relationship between the public and private sectors magnifies the positive effect of TELCOM on inbound tourism. The moderating effect of quality of regulations on TELCOM-tourism nexus is a novel finding, highlighting the important role of governments in creating and implementing sound policies and regulations that permit and promote private sector development.
AB - This study investigates the relationship between capital investment in telecommunications infrastructure (TELCOM) and tourist arrivals in developing countries. Additionally, it examines whether the public–private sectors relationship moderates the effect of TELCOM on inbound tourism. The model is empirically tested for 46 developing countries for the years 2005–2019. Applying system generalized method of moments and dynamic fixed-effects estimators, the results show there is a positive and significant relationship between TELCOM and tourist arrivals. We also find that a stronger relationship between the public and private sectors magnifies the positive effect of TELCOM on inbound tourism. The moderating effect of quality of regulations on TELCOM-tourism nexus is a novel finding, highlighting the important role of governments in creating and implementing sound policies and regulations that permit and promote private sector development.
UR - http://hdl.handle.net/1959.7/uws:60817
U2 - 10.1177/13548166211014814
DO - 10.1177/13548166211014814
M3 - Article
SN - 1354-8166
VL - 28
SP - 1805
EP - 1822
JO - Tourism Economics
JF - Tourism Economics
IS - 7
ER -