Variable description
| Variable | Description |
|---|---|
| T&T industry GDP (US$ million) | “Travel and Tourism industry direct contribution to GDP, US$ million” |
| T&T capital investment (% total capital investment) | “Travel and Tourism capital investment as a percentage of total capital investment” |
| T&T government expenditure (% government budget) | “Travel and Tourism government expenditure as a percentage of total government budget” |
| Country brand strategy (0–100) | “This indicator evaluates the accuracy of a National Tourism Organization’s (NTO) Country Brand Strategy” |
| Impact of rules on FDI (1–7) | “Response to the survey question: “In your country, how restrictive are rules and regulations on foreign direct investment (FDI)?” [1 = Extremely restrictive; 7 = Not restrictive at all]” |
| Extent of Staff training (1–7) | “Response to the survey question: “In your country, to what extent do companies invest in training and employee development?” [1 = Not at all: 7 = To a great extent]” |
| Variable | Description |
|---|---|
| T&T industry GDP (US$ million) | “Travel and Tourism industry direct contribution to GDP, US$ million” |
| T&T capital investment (% total capital investment) | “Travel and Tourism capital investment as a percentage of total capital investment” |
| T&T government expenditure (% government budget) | “Travel and Tourism government expenditure as a percentage of total government budget” |
| Country brand strategy (0–100) | “This indicator evaluates the accuracy of a National Tourism Organization’s (NTO) Country Brand Strategy” |
| Impact of rules on FDI (1–7) | “Response to the survey question: “In your country, how restrictive are rules and regulations on foreign direct investment (FDI)?” [1 = Extremely restrictive; 7 = Not restrictive at all]” |
| Extent of Staff training (1–7) | “Response to the survey question: “In your country, to what extent do companies invest in training and employee development?” [1 = Not at all: 7 = To a great extent]” |
Source(s): Authors’ own work