Threshold and regime effects of policy uncertainty on health tourism investment: points needing clarification
Social Determinants of Health,
Vol. 12 (2026),
1 January 2026
,
Page 1-2
https://doi.org/10.22037/sdh.v12i1.53615
Abstract
- Medical Tourism
- Investments
- Uncertainty
- Regression Analysis
- Iran
How to Cite
References
1. Kazemi Nasab Hashemabadi J, Alavi Bajgani SAR, Alavirad A. Impact of economic uncertainty on investment in health tourism and healthcare service capacity building: a multicenter provincial study in Iran. Soc Determinants Health. 2026;12(1):1-13. doi:10.22037/SDH.v12i1.51506
2. González A, Teräsvirta T, van Dijk D, Yang Y. Panel smooth transition regression models. CREATES Research Paper 2017-36. Aarhus: Department of Economics and Business Economics, Aarhus University; 2017.
3. Fouquau J, Hurlin C, Rabaud I. The Feldstein-Horioka puzzle: a panel smooth transition regression approach. Econ Model. 2008;25(2):284-99.
4. Hansen BE. Threshold effects in non-dynamic panels: estimation, testing, and inference. J Econom. 1999;93(2):345-68. doi:10.1016/S0304-4076(99)00025-1
5. Baker SR, Bloom N, Davis SJ. Measuring economic policy uncertainty. Q J Econ. 2016;131(4):1593-636. doi:10.1093/qje/qjw024
6. Abel AB. Optimal investment under uncertainty. Am Econ Rev. 1983;73(1):228-33.
7. Caballero RJ. On the sign of the investment-uncertainty relationship. Am Econ Rev. 1991;81(1):279-88.
8. Bernanke BS. Irreversibility, uncertainty, and cyclical investment. Q J Econ. 1983;98(1):85-106. doi:10.2307/1885568
9. Gulen H, Ion M. Policy uncertainty and corporate investment. Rev Financ Stud. 2016;29(3):523-64. doi:10.1093/rfs/hhv050
10. Akron S, Demir E, Díez-Esteban JM, García-Gómez CD. Economic policy uncertainty and corporate investment: evidence from the US hospitality industry. Tour Manag. 2020;77:104019. doi:10.1016/j.tourman.2019.104019
11. Demir E, Gozgor G, Paramati SR. To what extent economic uncertainty effects tourism investments? Evidence from OECD and non-OECD economies. Tour Manag Perspect. 2020;36:100758. doi:10.1016/j.tmp.2020.100758
- Abstract Viewed: 20 times
- PDF Downloaded: 8 times