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The effect of terrorism on tourism development in Nigeria

Author

Listed:
  • Korede Ajogbeje

    (Lagos Business School, Pan-Atlantic University, Nigeria)

  • Oluwatosin Adeniyi

    (Department of Economics, University of Ibadan, Nigeria)

  • Oludele Folarin

    (Department of Economics, University of Ibadan, Nigeria)

Abstract

This article investigated the tourism–terrorism nexus in Nigeria using quarterly time series data within a vector autoregression analytical framework. Unlike extant studies, we gauge the influence of terrorism shocks on the tourism sector specifically on the one hand and broadly the response of some key macroeconomic variables on the other hand. Several interesting results ensued. To sum up these findings, we found a negative response of tourism revenues to terrorist incidents over the long haul as well as adverse effects on other key macroeconomic variables. Therefore, government policies to revamp the ailing economy should be complemented with well-tailored counter-terrorism approaches for effectiveness.

Suggested Citation

  • Korede Ajogbeje & Oluwatosin Adeniyi & Oludele Folarin, 2017. "The effect of terrorism on tourism development in Nigeria," Tourism Economics, , vol. 23(8), pages 1673-1678, December.
    • Handle: RePEc:sae:toueco:v:23:y:2017:i:8:p:1673-1678
    DOI: 10.1177/1354816617692477
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Nicholas M. Odhiambo & Talknice Saungweme, "undated". "Does International Tourism Spur International Trade In Ssa Countries? A Dynamic Panel Data Analysis," Working Papers AESRI07, African Economic and Social Research Institute (AESRI).
    2. Anam Aziz & Muhammad Atif Nawaz & Sobia Hanif, 2022. "Effect of Natural Disasters and Terrorism on Tourism Growth: Evidence from Top Ten Tourist’s Destination," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 4(2), pages 375-393, June.
    3. Nicholas M. Odhiambo & Talknice Saungweme, "undated". "Does International Tourism Spur International Trade in SSA Countries? A Dynamic Panel Data Analysis," Working Papers AESRIWP08, African Economic and Social Research Institute (AESRI).
    4. N.M. Odhiambo & T. Saungweme, 2021. "Does International Tourism Spur International Trade in SSA Countries? A Dynamic Panel Data Analysis," Working Papers AESRI-2021-08, African Economic and Social Research Institute (AESRI), revised Nov 2021.
    5. Oliver E. Ogbonna & Jonathan E. Ogbuabor & Charles O. Manasseh & Davidmac O. Ekeocha, 2022. "Global uncertainty, economic governance institutions and foreign direct investment inflow in Africa," Economic Change and Restructuring, Springer, vol. 55(4), pages 2111-2136, November.
    6. Schmude Jürgen & Karl Marion & Weber Florian, 2020. "Tourism and Terrorism: Economic impact of terrorist attacks on the tourism industry. The example of the destination of Paris," ZFW – Advances in Economic Geography, De Gruyter, vol. 64(2), pages 88-102, June.
    7. Odhiambo, Nicholas M & Saungweme, Talknice, 2021. "Does international tourism spur international trade in SSA countries? A dynamic panel data analysis," Working Papers 28345, University of South Africa, Department of Economics.

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