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Published by: Admin
Published: 1 year ago
View: 95
Pages: 32
ISBN:
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Abstract
The tourism literature has largely neglected another important factor that may influence the tourism and income inequality relationships. This factor reflects democratic institutions of the destination country. To contribute to the tourism literature, this study attempts to fill a gap in the tourism literature by investigating the moderating effect of democracy on the tourism-income inequality nexus for a panel of 23 sub-Saharan African countries over the period 2000-2020. The empirical evidence is based on the panel corrected standard errors (PCSE) estimation technique. The results obtained from our study show that tourism and democracy unconditionally worsen income inequality. Moreover, democracy complements tourism to further undermine income distribution as positive synergies are apparent. Policy implications are discussed.
Simplice A. Asongu Prof
Toyo A. M Dossou Mr
Alastaire S. Alinsato
Wang Jiaqun
Kihumuro Jotham
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