| By: |
Wang Jiaqun (Hefei, China);
Kihumuro Jotham (Beijing, China);
Toyo A. M. Dossou (Cotonou, Benin);
Alastaire Sèna Alinsato (Cotonou, Benin);
Simplice A. Asongu (Johannesburg, South Africa) |
| Abstract: |
The tourism literature has largely neglected another important factor that may
influence the tourism and income inequality relationships. This factor
reflects democractic institutions of the destination country. To contribute to
the tourism literature, this studyattemmps to fill a gap in the tourism
literature by investigating the moderating effect of democracy on the
tourism-income inequality nexus for a panel of 23 sub-Sharan African countries
over the period 2000-2020. The empirical evidence is based on the panel
corrected standard errors (PCSE) estimation technique. The results obtained
from our study show that tourism and democracy unconditionally worsen income
inequality. Moreover, democracy complements tourism to further undermine
income distribution as positive synergies are apparent. Policy implications
are discussed. |
| Keywords: |
Tourism, democracy, income inequality, Africa, PCSE |
| Date: |
2024–01 |
| URL: |
https://d.repec.org/n?u=RePEc:dbm:wpaper:24/019 |