Crime and International Tourism
Using a panel data set of European countries, this paper investigates the impact of crime on international tourism. Violent crimes are negatively associated with incom- ing international tourists and international tourism revenue indicating that tourists consider the risk of victimization when choosing locations to visit. This impact is smaller in magnitude in Southern European countries which are generally more attrac- tive tourist destinations suggesting that victimization risk and attractiveness of the destination may be substitutable traits.
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- Julie Berry Cullen & Steven D. Levitt, 1996.
"Crime, Urban Flight, and the Consequences for Cities,"
NBER Working Papers
5737, National Bureau of Economic Research, Inc.
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- Fama, Eugene F & MacBeth, James D, 1973. "Risk, Return, and Equilibrium: Empirical Tests," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 607-36, May-June.
- Steven D. Levitt, 1998.
"Juvenile Crime and Punishment,"
Journal of Political Economy,
University of Chicago Press, vol. 106(6), pages 1156-1185, December.
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