2021
DOI: 10.1016/j.resglo.2021.100044
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Tourism recovery and the economic impact: A panel assessment

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Cited by 62 publications
(45 citation statements)
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References 27 publications
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“…The major practical policy implications are as follows: Since economic size, or GDP, is a major influential factor for reaching power market sustainability, Southeast Asian countries need to adapt to new situations and health protocols resulting from COVID-19 to rebuild their national economies. Using fresh ideas like ‘build back better’ proposed by Moore and Collins ( 2021 ) or tourism recovery discussed by Scarlett ( 2021 ) can be a helpful tool for the economic recovery in Southeast Asia. The flow of FDI into Southeast Asian economies has a positive and significant impact on achieving sustainable power markets, highlighting the need for reforms in FDI regulations to absorb foreign investment.…”
Section: Conclusion and Policy Implicationsmentioning
confidence: 99%
See 1 more Smart Citation
“…The major practical policy implications are as follows: Since economic size, or GDP, is a major influential factor for reaching power market sustainability, Southeast Asian countries need to adapt to new situations and health protocols resulting from COVID-19 to rebuild their national economies. Using fresh ideas like ‘build back better’ proposed by Moore and Collins ( 2021 ) or tourism recovery discussed by Scarlett ( 2021 ) can be a helpful tool for the economic recovery in Southeast Asia. The flow of FDI into Southeast Asian economies has a positive and significant impact on achieving sustainable power markets, highlighting the need for reforms in FDI regulations to absorb foreign investment.…”
Section: Conclusion and Policy Implicationsmentioning
confidence: 99%
“…Since economic size, or GDP, is a major influential factor for reaching power market sustainability, Southeast Asian countries need to adapt to new situations and health protocols resulting from COVID-19 to rebuild their national economies. Using fresh ideas like ‘build back better’ proposed by Moore and Collins ( 2021 ) or tourism recovery discussed by Scarlett ( 2021 ) can be a helpful tool for the economic recovery in Southeast Asia.…”
Section: Conclusion and Policy Implicationsmentioning
confidence: 99%
“…It is found that tourism specialization at higher levels dampens the positive effect on growth. The results suggest that policy makers should be measured in their approach as they navigate their economies post-COVID-19 when the tourism industry is in the recovery phase [6]. Another study proposes a general standard for the circular economy (CE), and estimates a multidimensional parametric index composed of eight components, which is in line with the principles of a circular economy.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Many documents have studied the relationship between tourism activities and economic factors [28][29][30][31]. Generally speaking, the development of the tourism industry is related to the macroeconomic environment, the disposable income of tourists, and their leisure time [32].…”
Section: The Moderating Effect Of Economic Factors (Personal Disposable Income and Per Capita Gdp)mentioning
confidence: 99%