English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

This novel study utilizes nonparametric causality-in-quantile and wavelet coherence analysis to uncover the impact of oil prices on tourism stocks across 12 global leading tourism markets. The findings of nonparametric causality-in-quantile reveal that oil prices impact the tourism stocks only in Germany, Italy, Thailand, and the United States. The overall results of wavelet analysis indicate that oil prices and tourism stocks move in phase with the crucial role of the global economic and financial crisis particularly, the COVID-19 outbreak. Several useful insights for scholars, investors, policymakers, and tourism corporate executives are drawn from this study.

Oil price shocks and tourism stock prices; global evidence