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The Impact of Bilateral Cooperation on Tourism Flows between China and Central and Eastern European (CEE) Countries

In: Proceedings of the 12th International Conference on Business, Accounting, Finance and Economics (BAFE 2024)

Author

Listed:
  • Matej Balen

    (Mae Fah Luang University, School of Management, Tourism, Hospitality and Event Research Group)

  • Oleksandr Shymanskyi

    (University of Ottawa, Telfer School of Management)

  • Siripen Yiamjanya

    (Mae Fah Luang University, School of Management, Tourism, Hospitality and Event Research Group)

Abstract

This study aims at investigating the influence of bilateral cooperation on tourism flows between China and Central and Eastern European (CEE) countries. In particular, static and dynamic models are developed to measure Chinese tourist departures to 20 CEE countries and tourist arrivals from 16 CEE countries to China over 2008–2018. A novel approach is applied to directly measure bilateral cooperation by calculating Goldstein index based on Integrated Data for Event Analysis (IDEA) framework. Our findings reveal that bilateral cooperation has significant and positive impact on Chinese outbound and inbound tourism. Current research provides valuable theoretical and practical contributions.

Suggested Citation

  • Matej Balen & Oleksandr Shymanskyi & Siripen Yiamjanya, 2025. "The Impact of Bilateral Cooperation on Tourism Flows between China and Central and Eastern European (CEE) Countries," Advances in Economics, Business and Management Research, in: Abdelhak Senadjki & Fanyu Chen & William Keng Soon Choo & Voon Hsien Lee & Chooi Yi Wei (ed.), Proceedings of the 12th International Conference on Business, Accounting, Finance and Economics (BAFE 2024), pages 402-420, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-666-6_24
    DOI: 10.2991/978-94-6463-666-6_24
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