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

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  • Mete Feridun

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.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/00036841003636268
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 43 (2011)
Issue (Month): 24 ()
Pages: 3349-3354

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Handle: RePEc:taf:applec:v:43:y:2011:i:24:p:3349-3354

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Cited by:
  1. Firat Bilgel & Burhan Can Karahasan, 2013. "“The Economic Costs of Separatist Terrorism in Turkey”," AQR Working Papers 201314, University of Barcelona, Regional Quantitative Analysis Group, revised Nov 2013.
  2. Duha T. Altindag, 2014. "Crime and International Tourism," Auburn Economics Working Paper Series auwp2014-01, Department of Economics, Auburn University.

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