Document Type : Original Research
Authors
Department of Economics, Ferdowsi University of Mashhad, Mashhad, Iran
Abstract
Governmental and non-governmental organizations and experts have focused on media freedom and reforms in the last two decades. The present study examines the impact of Reporters Without Borders on the profit of the tourism sector in selected countries in Southwest Asia from 2012 to 2018. It investigates this relationship using a dynamic panel data method and a two-stage generalized moment system (GMM). The obtained results indicate that with a unit increase in the Reporters Without Borders index, the income of the tourism industry increases by 1.062%. Also, for other control variables, it can be concluded that with an increase of 1 unit in the good governance index, tourism revenues increased by 0.784 percent, and also with a 1 percent increase in the official exchange rate, the gross domestic product Per capita and trade openness of tourism industry income increases by 0.005, 2.134 and 0.628 percent respectively. It is worth mentioning that all the obtained coefficients were significant and positive.
Keywords
- Dynamic Panel Data
- GDP Per Capita
- Good Governance Index
- Official Exchange Rate
- Press Freedom
- Trade Openness
Main Subjects
COPYRIGHTS
©2023 The Author(s). This is an open access article distributed under the terms of the Creative Commons Attribution (CC BY 4.0), which permits unrestricted use, distribution, and reproduction in any medium, as long as the original authors and source are cited. No permission is required from the authors or the publishers.
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