Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/228079
Authors: 
Gok, Ugur
Nwaka, Ikechukwu
Year of Publication: 
2019
Series/Report no.: 
IES Working Paper No. 38/2019
Abstract: 
Africa, the Middle East, and South Asian countries have been attracting the lowest number of tourists in recent decades and consequently, have the lowest share from the tourism industry. In this research paper, we investigated whether the aforementioned regions' poor performance in the tourism industry is due to growing terrorism in the region. Our results indicate that terrorism plays a deterrent role in the tourist's decision-making process for traveling to those countries. By using both the cross-sectional augmented distributed lag (CS-DL) and the cross-sectional ARDL (CS-ARDL) estimators, we found that there is a significant negative impact of terrorism on tourism.
Subjects: 
Tourism
terrorism
CS-ARDL
CS-DL
cross-sectional dependence
JEL: 
D74
C33
H56
L83
Document Type: 
Working Paper

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