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Impact of terrorism on tourism in Turkey: empirical evidence from Turkey

Impact of terrorism on tourism in Turkey: empirical evidence from Turkey

Feridun, Mete (2010) Impact of terrorism on tourism in Turkey: empirical evidence from Turkey. Applied Economics, 43 (24). pp. 3349-3354. ISSN 0003-6846 (Print), 1466-4283 (Online) (doi:10.1080/00036841003636268)

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Abstract

This article aims at investigating the causal impact of terrorist attacks on the tourism industry in Turkey based on the Autoregressive Distributed Lag (ARDL) bounds testing procedure for the period between 1986 and 2006. The ARDL bounds test reveals that tourism is in a long-run equilibrium level relationship with terrorism. The evidence obtained from the long-run and short-run parameter estimates indicates the existence of a negative causal effect of terrorism on tourism.

Item Type: Article
Uncontrolled Keywords: causal impact, terrorist attacks, tourism industry, Turkey, Autoregressive Distributed Lag (ARDL)
Subjects: G Geography. Anthropology. Recreation > GV Recreation Leisure
H Social Sciences > HN Social history and conditions. Social problems. Social reform
Faculty / Department / Research Group: Faculty of Business > Greenwich Political Economy Research Centre (GPERC)
Faculty of Business > Department of International Business & Economics
Faculty of Business
Related URLs:
Last Modified: 02 Nov 2016 13:52
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/7915

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