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Terrorism And Tourism: The Case Of Turkey

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  • Mehmet Yaya

Abstract

Using a time series method called 'transfer function', this paper examines the effect of terrorism on tourism in Turkey. The results indicate that there exists a negative but small impact of terrorism, which is observed within approximately one year. However, terrorist attacks in Turkey have accounted for a reduction of six million foreign tourists over the last nine years. Moreover, the economic cost of terrorism in the tourism industry was more than $700 million in 2006. However, terrorist attacks in continental Europe and America, and an active war involving a neighboring country, had no effects on tourism in Turkey.

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  • Mehmet Yaya, 2009. "Terrorism And Tourism: The Case Of Turkey," Defence and Peace Economics, Taylor & Francis Journals, vol. 20(6), pages 477-497.
    • Handle: RePEc:taf:defpea:v:20:y:2009:i:6:p:477-497
    DOI: 10.1080/10242690903105414
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    Cited by:

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    2. Ali M. Kutan & Mehmet E. Yaya, 2016. "Armed conflict and financial and economic risk: evidence from Colombia," Risk Management, Palgrave Macmillan, vol. 18(2), pages 159-187, August.
    3. Asongu, Simplice & Acha-Anyi, Paul, 2019. "Global Tourism and Waves of Terror: Perspectives from Military Expenditure," MPRA Paper 101793, University Library of Munich, Germany.
    4. Gok, Ibrahim Yasar & Demirdogen, Yavuz & Topuz, Sefa, 2020. "The impacts of terrorism on Turkish equity market: An investigation using intraday data," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 540(C).
    5. Kateryna Horiachko, 2020. "Research of the impact of the terrorism and other factors on the consumers behavior," Technium Social Sciences Journal, Technium Science, vol. 7(1), pages 139-148, May.
    6. Haider, Murtaza & Anwar, Amar, 2014. "Impact of terrorism on FDI flows to Pakistan," MPRA Paper 57165, University Library of Munich, Germany.
    7. Simplice A. Asongu & Joseph Nnanna & Nicholas Biekpe & Paul N. Acha-Anyi, 2018. "Contemporary Drivers of Global Tourism: Evidence from Terrorism and Peace Factors," Research Africa Network Working Papers 18/046, Research Africa Network (RAN).
    8. Abeer Elshennawy & Khalid Siddig, 2023. "Terrorism and inbound tourism in Egypt: Economy‐wide and distributional impacts," Review of Development Economics, Wiley Blackwell, vol. 27(3), pages 1910-1933, August.
    9. Ali Asgary & Ali Ihsan Ozdemir, 2020. "Global risks and tourism industry in Turkey," Quality & Quantity: International Journal of Methodology, Springer, vol. 54(5), pages 1513-1536, December.
    10. Fırat Bilgel & Burhan Can Karahasan, 2017. "The Economic Costs of Separatist Terrorism in Turkey," Journal of Conflict Resolution, Peace Science Society (International), vol. 61(2), pages 457-479, February.
    11. Iatridis, George, 2012. "Terrorist attacks and company financial numbers: Evidence on earnings management and value relevance from Madrid, London and Istanbul," Research in International Business and Finance, Elsevier, vol. 26(2), pages 204-220.
    12. Amar Iqbal Anwar & Mazhar Mughal, 2013. "Foreign Financial Flows and Terrorism In Developing Countries," Working Papers hal-01885149, HAL.
    13. Venancio Tauringana & Ishmael Tingbani & Godwin Okafor & Widin B. Sha'ven, 2021. "Terrorism and global business performance," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5636-5658, October.
    14. Julio A. Afonso-Rodríguez & María Santana-Gallego, 2018. "Is Spain benefiting from the Arab Spring? On the impact of terrorism on a tourist competitor country," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(3), pages 1371-1408, May.
    15. Bassil Charbel, 2014. "The Effect of Terrorism on Tourism Demand in the Middle East," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(4), pages 1-16, December.
    16. 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.
    17. Yang, Yang & Zhang, Honglei, 2019. "Spatial-temporal forecasting of tourism demand," Annals of Tourism Research, Elsevier, vol. 75(C), pages 106-119.
    18. Seabra, Claudia & Reis, Pedro & Abrantes, José Luís, 2020. "The influence of terrorism in tourism arrivals: A longitudinal approach in a Mediterranean country," Annals of Tourism Research, Elsevier, vol. 80(C).
    19. repec:thr:techub:1007:y:2020:i:1:p:139-148 is not listed on IDEAS
    20. Tekin Kose & Julide Yildirim & Gizem Tanrivere, 2017. "The Effects of Terrorism on Happiness: Evidence from Turkey," EcoMod2017 10229, EcoMod.
    21. Ahmed Muhamad Omer & Mehmet Yeşiltaş, 2020. "“Modeling the impact of wars and terrorism on tourism demand in Kurdistan region of Iraq”," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 19(3), pages 301-322, September.

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