عنوان
پدید آورنده
موضوع
رده
کتابخانه
محل استقرار
TL52165
انگلیسی
The Effects of Terrorism and Political Instability on International Tourist Arrivals: A Focus on Turkey
[Thesis]
Aktas, Mehmet Celalettin
Renkow, Mitchell
North Carolina State University
2019
107 p.
M.S.
North Carolina State University
2019
Tourism is an important industry for many countries including those in Eastern Europe and the Middle East. For Turkey, the industry is both national and global importance; in 2017, Turkey ranked eighth in international tourist arrivals and thirteenth in tourism receipts. After 2010, however, the tourism industry in several Middle Eastern countries, including Turkey, suffered a loss of international tourist arrivals. As during this time, the Turkish currency was relatively devalued and there was no global economic crisis, the economic dynamics were in favor of an increase in international tourist arrivals in Turkey. During this period, however, the number of terrorist incidents increased and there was a period of political instability in Turkey. These circumstances offer an opportunity to examine the potential negative effects of terrorism and political instability on international tourist arrivals. A majority of previous studies which have examined tourist arrivals solely examine economic factors and disregarded non-economic ones which may affect arrival counts. This research fills the gap by analyzing whether non-economic context variables, such as political instability and terrorist incidents, influenced the Turkish tourism industry. Seven cases are analyzed which examine the impact of terrorism and political instability on tourist arrivals to Turkey on national and sub-national regions, over different time horizons (annual, monthly), and in considering the different motivations tourists might have to visit. To see if other countries are similarly affected by terrorism and political instability events, the tourism industries of Egypt and Tunisia are also considered. In the case of Turkey, terrorism had explanatory power in international tourist arrivals, but the magnitude of the effect was small. On the other hand, political instability had a significant negative effect on international tourist arrivals in almost every case. Separate analyses of each country showed that an increase in income increased international tourist arrivals to the destination country. Incidences of terrorism and political instability negatively affected tourism demand in Egypt and Turkey, while political instability and price level of products and services negatively affected tourism demand in Tunisia. The results are robust to heteroskedasticity and serial correlations problems. These results indicate that policy makers in these countries need to concentrate on after crisis promotion activities for their tourism industries.
Economics
Aktas, Mehmet Celalettin
Renkow, Mitchell
North Carolina State University
مطالعه متن کتاب p
[Thesis]
276903
a
Y
