Abstract
Purpose: This paper explores the effect of tourism (national and international) indicators on income inequality in a sample of 21 Asia Pacific economies.
Design/methodology/approach: This study uses panel data set from 1995 to 2020 and employs panel autoregressive distributed lag (ARDL) method for the empirical investigation.
Findings: The empirical findings from the panel ARDL models suggest that all of the considered tourism indicators have significant negative impacts on income inequalities. The results remain consistent with alternative indicators and methods.
Social implications: The findings of this study will be critical for the policymakers to take effective measures to reduce the income inequality. Such measures could include promoting tourism in general, focusing on attracting international tourists or domestic tourists, and putting more weight on developing leisure or business tourism, which will boost the overall economic performance and alleviates inequalities in the society.
Originality/value: This is the first study to consider various forms of tourism indicators to see their impact on income inequality in the Asia–Pacific region, and offers important implications for the policy actions.
Design/methodology/approach: This study uses panel data set from 1995 to 2020 and employs panel autoregressive distributed lag (ARDL) method for the empirical investigation.
Findings: The empirical findings from the panel ARDL models suggest that all of the considered tourism indicators have significant negative impacts on income inequalities. The results remain consistent with alternative indicators and methods.
Social implications: The findings of this study will be critical for the policymakers to take effective measures to reduce the income inequality. Such measures could include promoting tourism in general, focusing on attracting international tourists or domestic tourists, and putting more weight on developing leisure or business tourism, which will boost the overall economic performance and alleviates inequalities in the society.
Originality/value: This is the first study to consider various forms of tourism indicators to see their impact on income inequality in the Asia–Pacific region, and offers important implications for the policy actions.
| Original language | English |
|---|---|
| Number of pages | 22 |
| Journal | Equality, Diversity and Inclusion: An International Journal |
| Early online date | 24 Jul 2023 |
| DOIs | |
| Publication status | E-pub ahead of print - 24 Jul 2023 |
Keywords
- Tourism indicators
- Financial development
- Per capita income
- Trade openess
- Income inequalities
- Asia Pacific region
- Trade openness
ASJC Scopus subject areas
- Gender Studies
- Sociology and Political Science
