Abstract
Using the Global Preferences Survey dataset, this paper examines the effects of six measures of preferences (altruism, negative reciprocity, patience, positive reciprocity, risk-taking, and trust) on the per capita international tourist arrivals and the per capita incoming tourist receipts. The data focus on 74 countries for the period from 1995 to 2019. The paper finds that citizens’ trust is positively related to tourism development, and its impact is statistically significant. This evidence indicates that a country with a higher level of trust in other nations’ people attracts more tourists and generates higher tourism receipts.
Highlights
IntroductionWe examine the effects of a country’s preferences to attract international tourists
We used the Global Preferences Survey dataset to examine the effects of preferences on tourism development
We focused on the indicators of altruism, negative reciprocity, patience, positive reciprocity, risk-taking, and trust to examine their effects on the per capita international tourist arrivals and the per capita incoming tourist receipts
Summary
We examine the effects of a country’s preferences to attract international tourists. The authors of [4] investigated the effects of the number of world heritage sites on tourism development over 2006–2009 in 66 countries. Sustainability 2021, 13, 2534 the best of the authors’ knowledge, this is the first paper in the literature that uses the Global Preferences Survey dataset to investigate the effects of tourism development preferences. For this purpose, we use six indicators of preferences: altruism, negative reciprocity, patience, positive reciprocity, risk-taking, and trust.
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