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Journal of Economics and Finance

Erschienen in:

01.10.2016

Do travel visa requirements impede tourist travel?

verfasst von: Robert A. Lawson, Saurav Roychoudhury

Erschienen in: Journal of Economics and Finance | Ausgabe 4/2016

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Abstract

Yes. Using a travel visa data set developed by Lawson and Lemke (2012) and travel flow data from the World Bank and the UN’s World Tourism Organization (UNWTO), we investigate the deterrent effect of travel visa requirements on travel flows. At the aggregate level, a one standard deviation more severe travel visa regime, as measured, is associated with a 30 % decrease in inbound travel. At the bilateral level, having a travel visa requirement on a particular country is associated with a 70 % reduction in inbound travel from that country. The gains associated with eliminating travel visas appear to be very large.

Vorheriger Artikel Revisiting the growth-governance relationship in developing Asian and Oceanic economies

Nächster Artikel Institutional convergence: exit or voice?

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Titel: Do travel visa requirements impede tourist travel?
verfasst von: Robert A. Lawson
Saurav Roychoudhury
Publikationsdatum: 01.10.2016
Verlag: Springer US
Erschienen in: Journal of Economics and Finance / Ausgabe 4/2016
Print ISSN: 1055-0925
Elektronische ISSN: 1938-9744
DOI: https://doi.org/10.1007/s12197-015-9343-5

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