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Estimating the tourism potential in Namibia

  • North West University
  • University of Pretoria

Research output: Contribution to journalArticlepeer-review

Abstract

This paper investigates the determinants of tourism in Namibia for the period 1996 to 2012. The results indicate that an increase in trading partners’ income, depreciation of the exchange rate, improvement in Namibia’s infrastructure, sharing a border with Namibia are associated with an increase in tourist arrivals. Governance indicators such as rule of law, political stability and no violence are also associated with an increase in tourist arrivals to Namibia. The results show that there is unexploited tourism potential from Angola, Austria, Botswana, Germany and South Africa. This suggests that it is important to exploit the tourism potential as this would help to accelerate economic growth and generate the much needed employment.

Original languageEnglish
Pages (from-to)391-398
Number of pages8
JournalCorporate Ownership and Control
Volume11
Issue number4 Continued 4
DOIs
Publication statusPublished - 1 Jun 2014
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities
  3. SDG 16 - Peace, Justice and Strong Institutions
    SDG 16 Peace, Justice and Strong Institutions

Keywords

  • Fixed effects
  • Panel data
  • Tourism potential
  • Unit root

ASJC Scopus subject areas

  • General Business,Management and Accounting

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