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The Relationship Between Health Care And Tourism Demand In Iranian Economy

Author

Listed:
  • Majid FESHARI

    (Assistant Professor of Economics, Kharazmi University (Corresponding Author))

  • Hedayat HOSSEINZADEH

    (Assistant Professor, Department of Economics, Payame Noor University, Iran)

Abstract

The relationship between health care and international tourism is one of the important issues in tourism literature. The main objective of this study is to investigate the correlation between health care and international tourism in the long-run and short-run by using a fully modified ordinary least square (FMOLS) and Toda-Yamamoto approach over the time period of 1971-2016. The empirical results of this study indicate that there is a long-run relationship between health care and tourism. Health care has a positive and significant effect on the tourists’ arrivals as a proxy for international tourism demand. Moreover in the short-run, the results suggest that there is unilateral causality from health care to international tourism. Hence, the main implication policy of the study is that policy makers should adopt policies to improving health care and attract more international tourists.

Suggested Citation

  • Majid FESHARI & Hedayat HOSSEINZADEH, 2018. "The Relationship Between Health Care And Tourism Demand In Iranian Economy," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 173-180, July.
    • Handle: RePEc:hrs:journl:v:x:y:2018:i:2:p:173-180
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    References listed on IDEAS

    as
    1. Majid FESHARI & Ali AKBAR TAGHIPOUR & Mojtaba VALIBEIGI, 2016. "Tourism Demand And Tax Relationship In Islamic Regions," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(3), pages 99-106, December.
    2. Heung, Vincent C.S. & Kucukusta, Deniz & Song, Haiyan, 2011. "Medical tourism development in Hong Kong: An assessment of the barriers," Tourism Management, Elsevier, vol. 32(5), pages 995-1005.
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    9. repec:hrs:journl::y:2012:v:4:i:3:p:91-103 is not listed on IDEAS
    10. Antigone LYBERAKI & Platon TINIOS & George PAPADOUDIS & Thomas GEORGIADIS, 2017. "Do People With A Different Employment Background Age Differently? European Evidence From The Share Survey," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 197-209, December.
    11. Enkelejda AVDI, 2013. "The System Of Contributions For Health Insurance Scheme In Albania - Performance And Main Challenges," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 99-110, December.
    12. Majid FESHARI & Ali AKBAR TAGHIPOUR & Mojtaba VALIBEIGI, 2016. "Tourism Demand And Tax Relationship In Islamic Regions," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(3), pages 99-106, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Health Care; International Tourism; FMOLS; Toda and Yamamoto Approach;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • I10 - Health, Education, and Welfare - - Health - - - General

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