Economic Uncertainty, Infrastructure Development and Sustainable Tourism

Dear Colleagues,

The tourism sector has grown significantly in the last couple of decades, and has become one of the major drivers of economic development, the accumulation of foreign exchange reserves, and the creation of employment for both skilled and unskilled labour. Keeping that in mind, a number of empirical attempts have been made, in recent times, to investigate tourism’s role in economic growth, the environment, income inequality, etc. All of these studies highlighted the significance of the tourism sector in promoting economic development, improving environment quality by encouraging sustainable tourism investments, and increasing income distribution and reducing poverty. Despite this empirical evidence, there are still a number of countries who have a great potentiality to expand their tourism sector, but, due to their inherent issues with a low level of infrastructure development and a lack of government support and private investment in the tourism sector, these countries are unable to realize their capacity in the tourism industry. On the other hand, the tourism sector is also becoming more vulnerable to the increasing economic uncertainty domestically and globally. Given these facts, it is important to empirically investigate the roles of economic uncertainty and infrastructure development in the tourism sector. This evidence will be crucial for policy makers, practitioners and government officials. Hence, this Special Issue invites theoretical and empirical studies on developed, developing and the least developed economies around the world on the following themes, although other relevant topics will also be considered:

• Impact of economic uncertainty on tourism growth
• Inbound and outbound tourism
• Uncertainty on tourism investments
• Infrastructure development on tourism development
• Tourism and environmental sustainability
• Tourism and income inequality
• Tourism and poverty
• Tourism and employment opportunities
• Tourism management
• Tourism and economic growth
• Tourism and housing affordability

Relevant references

• Alam, M. S., & Paramati, S. R. (2016). The impact of tourism on income inequality in developing economies: Does Kuznets curve hypothesis exist?. Annals of Tourism Research, 61, 111-126.
• Alam, M. S., & Paramati, S. R. (2017). The dynamic role of tourism investment on tourism development and CO2 emissions. Annals of Tourism Research, 66, 213-215.
• Demir, E., Gozgor, G., & Paramati, S. R. (2019). Do geopolitical risks matter for inbound tourism?. Eurasian Business Review, 9(2), 183-191.
• Fang, J., Gozgor, G., Paramati, S. R., & Wu, W. (2020). The impact of tourism growth on income inequality: Evidence from developing and developed economies. Tourism Economics, 1354816620934908.
• Li, H., Gozgor, G., Lau, C. K. M., & Paramati, S. R. (2019). Does tourism investment improve the energy efficiency in transportation and residential sectors? Evidence from the OECD economies. Environmental Science and Pollution Research, 26(18), 18834-18845.
• Lu, Z., Gozgor, G., Lau, C. K. M., & Paramati, S. R. (2019). The dynamic impacts of renewable energy and tourism investments on international tourism: Evidence from the G20 countries. Journal of Business Economics and Management, 20(6), 1102-1120.
• Paramati, S. R., Alam, M. S., & Chen, C. F. (2017). The effects of tourism on economic growth and CO2 emissions: a comparison between developed and developing economies. Journal of Travel Research, 56(6), 712-724.
• Paramati, S. R., Alam, M. S., & Lau, C. K. M. (2018). The effect of tourism investment on tourism development and CO2 emissions: Empirical evidence from the EU nations. Journal of Sustainable Tourism, 26(9), 1587-1607.
• Paramati, S. R., & Roca, E. (2019). Does tourism drive house prices in the OECD economies? Evidence from augmented mean group estimator. Tourism Management, 74, 392-395.
• Paramati, S. R., Shahbaz, M., & Alam, M. S. (2017). Does tourism degrade environmental quality? A comparative study of Eastern and Western European Union. Transportation Research Part D: Transport and Environment, 50, 1-13.
• Ren, T., Can, M., Paramati, S. R., Fang, J., & Wu, W. (2019). The impact of tourism quality on economic development and environment: Evidence from mediterranean countries. Sustainability, 11(8), 2296.
• Shi, Y., Swamy, V., & Paramati, S. R. (2020). Does financial inclusion promote tourism development in advanced and emerging economies?. Applied Economics Letters, 1-8.

Prof. Sudharshan Reddy Paramati
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

• Impact of economic uncertainty on tourism growth
• Inbound and outbound tourism
• Uncertainty on tourism investments
• Infrastructure development on tourism development
• Tourism and environmental sustainability
• Tourism and income inequality
• Tourism and poverty
• Tourism and employment opportunities
• Tourism management
• Tourism and economic growth
• Tourism and housing affordability