Abstract
ABSTRACTImpact of the Belt and Road Initiative (BRI) on tourism has yet to be tested. This paper adopts the propensity score matching and difference-in-differences methods to study the impact of BRI on tourism economy using a panel data set of 155 countries from 2000 to 2017. Results show that BRI significantly increases the number of inbound tourists (17.2%) and inbound tourism revenue (8.0%). This conclusion remains valid after a robustness test. There are regional differences although it has a positive impact on inbound tourists in South Asia, Western Asia and Middle East. The results provide important information for tourism marketing.
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