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Tourism Effects of Pandemics: New Insights from Novel Coronavirus

Author

Listed:
  • Osuji E.

    (School of Management & Social Sciences, Pan-Atlantic University, Nigeria.)

  • Evans O.

    (School of Management & Social Sciences, Pan-Atlantic University, Nigeria.)

Abstract

This study investigates the effect of coronavirus on tourism worldwide using data on confirmed cases of coronavirus by European Centre for Disease Prevention and Control [ECDCPC] and Google trends data. The analysis uses a variety of estimation approaches, including quantile regressions and causality tests. The study showed that cases of coronavirus have a negative relationship with tourism. In general, increasing cases of coronavirus would tend to reduce travel to tourist destinations. More interestingly, the effects are heterogeneous across the distribution of cases of coronavirus.

Suggested Citation

  • Osuji E. & Evans O., 2020. "Tourism Effects of Pandemics: New Insights from Novel Coronavirus," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 70(3-4), pages 56-65, July-Dece.
    • Handle: RePEc:spd:journl:v:70:y:2020:i:3-4:p:56-65
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    File URL: https://spoudai.unipi.gr/index.php/spoudai/article/download/2830/2716/2830-3732-1-SM
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    References listed on IDEAS

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    5. Lee, Jaeram & Lee, Geul & Ryu, Doojin, 2019. "The difference in the intraday return-volume relationships of spot and futures: A quantile regression approach," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-38.
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    Cited by:

    1. Evans, Olaniyi, 2022. "The criticality of institutions and the macroeconomy for education outcomes in Africa," MPRA Paper 118197, University Library of Munich, Germany.

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    More about this item

    Keywords

    Travel; tourism; pandemics; coronavirus;
    All these keywords.

    JEL classification:

    • Z30 - Other Special Topics - - Tourism Economics - - - General
    • Z31 - Other Special Topics - - Tourism Economics - - - Industry Studies

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