Table 2.

Arrivals of tourists and COVID-19 deaths by region

	(1)	(2)	(3)
Panel A: OLS
Log population density	0.114	0.234**	$-$0.118
	(0.139)	(0.111)	(0.206)
Log total arrivals (2020)	1.240***
	(0.196)
Log domestic arrivals (2020)		1.411***
		(0.293)
Log foreign arrivals (2020)			0.767***
			(0.075)
Num.Obs	147	146	145
$R^2$	0.543	0.575	0.491
Panel B: IV
Log population density	0.120	0.252**	$-$0.121
	(0.134)	(0.101)	(0.202)
Log total arrivals (2020)	1.282***
	(0.190)
Log domestic arrivals (2020)		1.505***
		(0.302)
Log foreign arrivals (2020)			0.805***
			(0.090)
Num.Obs	145	144	143
$R^2$	0.543	0.574	0.491

*$p<0.1$, **$p<0.05$, ***$p<0.01$. The dependent variable is the log of cumulative deaths by COVID-19. Controls are the log of population density, total, domestic, and foreign arrivals in 2020. The IV regressions instrument the log of arrivals with the log of arrivals in 2018 and 2019