Abstract

Personal security is a major concern for tourists. Most tourists will seek safe and secure destinations and avoid those that have been plagued by terrorism. This research quantifies the relationship between terrorism and tourism in 95 different countries and territories using international tourism demand models. After controlling for income, we find there is no long run effect of terrorism on international tourism demand and the short run effect is quite limited from a global perspective using panel data models. Only nine countries out of the 95 show a long run impact of terrorism on tourism and 25 countries out of the 95 show a short run impact using time series models, implying that international tourism is resilient to terrorism. The influence of terrorism is diverse in destinations with different political instability, income levels and tourism intensities.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.