Residential College | false |
Status | 已發表Published |
Economic Policy Uncertainty and Tourism Nexus Dynamics in the G7 Countries: Further Evidence from the Wavelet Analysis | |
Wu, Tsung Pao1; Wu, Hung Che2; Wu, Su Tsung3; Wu, Yu Yu4 | |
2020-09-27 | |
Source Publication | Tourism Planning and Development |
ABS Journal Level | 2 |
ISSN | 2156-8316 |
Volume | 18Issue:5Pages:529-546 |
Abstract | This study examines the relationship between economic policy uncertainty (EPU) and tourism activities in the Group of Seven countries. The analysis is conducted using continuous wavelets, wavelet coherency and phase-difference based on Granger causality analysis to investigate the relationship between EPU and tourism. Our analyses indicate that the relationship is generally negative but changes over time, displaying low to high-frequency cycles. Moreover, the timing and frequency changes when EPU co-moves with tourism. The results suggest tourism-economic policy uncertainty led-hypothesis and economic policy uncertainty-tourism led hypothesis with worthy policy implications for tourist destinations across the world. |
Keyword | Economic Policy Uncertainty Frequency Domains Time Domains Tourism Activities Wavelet Analysis |
DOI | 10.1080/21568316.2020.1825520 |
URL | View the original |
Language | 英語English |
WOS Research Area | Social Sciences - Other Topics |
WOS Subject | Hospitality, Leisure, Sport & Tourism |
WOS ID | WOS:000574294200001 |
Publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD2-4 PARK SQUARE, MILTON PARK, ABINGDON OX14 4RN, OXON, ENGLAND |
Scopus ID | 2-s2.0-85091609430 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | Faculty of Business Administration |
Affiliation | 1.School of Accounting and Finance, Beijing Institute of Technology, Zhuhai, Zhuhai City, China 2.Business School, Nanfang College of Sun Yat-Sen University, Guangzhou City, China 3.School of Tourism Management, Sun Yat-Sen University, Guangzhou City, China 4.Faculty of Business Administration, University of Macau, Taipa, Macao |
Recommended Citation GB/T 7714 | Wu, Tsung Pao,Wu, Hung Che,Wu, Su Tsung,et al. Economic Policy Uncertainty and Tourism Nexus Dynamics in the G7 Countries: Further Evidence from the Wavelet Analysis[J]. Tourism Planning and Development, 2020, 18(5), 529-546. |
APA | Wu, Tsung Pao., Wu, Hung Che., Wu, Su Tsung., & Wu, Yu Yu (2020). Economic Policy Uncertainty and Tourism Nexus Dynamics in the G7 Countries: Further Evidence from the Wavelet Analysis. Tourism Planning and Development, 18(5), 529-546. |
MLA | Wu, Tsung Pao,et al."Economic Policy Uncertainty and Tourism Nexus Dynamics in the G7 Countries: Further Evidence from the Wavelet Analysis".Tourism Planning and Development 18.5(2020):529-546. |
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