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Article

Preferences and Tourism Development under Uncertainty: An Empirical Study

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Zhejiang Yuexiu University of Foreign Language, Dongpuzhen Qunxian Middle Road No. 2801, Shaoxing 312000, China
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School of Economics, Tianjin University of Commerce, Tianjin 300134, China
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Teesside University Business School, Teesside University, Middlesbrough TS1 3BX, UK
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Huddersfield Business School, University of Huddersfield, Huddersfield HD1 3DH, UK
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Authors to whom correspondence should be addressed.
Academic Editors: Juan Ignacio Pulido-Fernández and Marc A. Rosen
Sustainability 2021, 13(5), 2534; https://doi.org/10.3390/su13052534
Received: 5 January 2021 / Revised: 29 January 2021 / Accepted: 3 February 2021 / Published: 26 February 2021
(This article belongs to the Special Issue Economic Policy Uncertainty and Sustainability of the Green Economy)
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. View Full-Text
Keywords: sustainable tourism; inbound tourism; tourist receipts; tourists’ preferences; trust; uncertainty sustainable tourism; inbound tourism; tourist receipts; tourists’ preferences; trust; uncertainty
MDPI and ACS Style

Lu, Z.; Li, H.; Lau, C.K.M.; Isah, A.B. Preferences and Tourism Development under Uncertainty: An Empirical Study. Sustainability 2021, 13, 2534. https://doi.org/10.3390/su13052534

AMA Style

Lu Z, Li H, Lau CKM, Isah AB. Preferences and Tourism Development under Uncertainty: An Empirical Study. Sustainability. 2021; 13(5):2534. https://doi.org/10.3390/su13052534

Chicago/Turabian Style

Lu, Zhou, Haiwei Li, Chi K.M. Lau, and Aliyu B. Isah. 2021. "Preferences and Tourism Development under Uncertainty: An Empirical Study" Sustainability 13, no. 5: 2534. https://doi.org/10.3390/su13052534

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