Foreign Direct Investments and Tourism: A Cross-Section Analysis

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dc.authorid0000-0001-5484-5189
dc.contributor.authorAgazade, Seymur
dc.contributor.authorKarasakaloglu, Burcu
dc.date.accessioned2026-01-24T12:31:30Z
dc.date.available2026-01-24T12:31:30Z
dc.date.issued2023
dc.departmentAlanya Alaaddin Keykubat Üniversitesi
dc.description.abstractThis study investigates the effect of foreign direct investments (FDI) on tourism using cross-sectional data for 135 countries and their high- and middle-income subgroups. The study takes three different tourism performance indicators into account: travel and tourism GDP, international tourism receipts, and international tourist arrivals. The findings support that FDI positively affects all three tourism performance indicators. Furthermore, this effect is observed to be at the highest level on the international tourism receipts and at the lowest level on travel and tourism GDP. These results indicate that FDI affects international tourism considerably more than it does domestic tourism; it also boosts the tourism sector of the host countries in terms of brand value or market power. In addition, the results for the high- and middle-income countries are in accordance with the theoretical expectations of neoclassical economics in that FDI affects tourism more in middle-income countries.
dc.identifier.doi10.1080/21568316.2022.2135589
dc.identifier.endpage804
dc.identifier.issn2156-8316
dc.identifier.issn2156-8324
dc.identifier.issue5
dc.identifier.scopus2-s2.0-85140119942
dc.identifier.scopusqualityQ1
dc.identifier.startpage790
dc.identifier.urihttps://doi.org/10.1080/21568316.2022.2135589
dc.identifier.urihttps://hdl.handle.net/20.500.12868/5925
dc.identifier.volume20
dc.identifier.wosWOS:000869524100001
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofTourism Planning & Development
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260121
dc.subjectForeign direct investment
dc.subjecttourism gross domestic product
dc.subjectinternational tourism receipts
dc.subjectinternational tourist arrivals
dc.subjectcross-sectional data
dc.titleForeign Direct Investments and Tourism: A Cross-Section Analysis
dc.typeArticle

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