Impact of terrorism on tourism in Turkey: empirical evidence from Turkey
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Feridun, Mete (2011) 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)
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Official URL: http://dx.doi.org/10.1080/00036841003636268
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 |
|---|---|
| Additional Information: | [1] First online 14th October 2010 |
| 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 |
| School / Department / Research Groups: | School of Business School of Business > Department of International Business & Economics |
| Related URLs: | |
| Last Modified: | 13 Apr 2012 11:59 |
| URI: | http://gala.gre.ac.uk/id/eprint/7915 |
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