TY  - JOUR
TT  - International Terrorism as a Tourism Crisis: A Panel Data Analysis Based on Country Groups
AU  - Akıncı, Merter
AU  - Yılmaz, Ömer
PY  - 2015
DA  - December
JF  - Kocaeli Üniversitesi Sosyal Bilimler Dergisi
JO  - KOSBED
PB  - Kocaeli Üniversitesi
WT  - DergiPark
SN  - 1302-6658
SP  - 51
EP  - 76
IS  - 30
KW  - Uluslararası Terörizm
KW  - Küresel Barış Süreci
KW  - Turizm
KW  - Panel Veri Analizi
N2  - In this paper, the relationship between international terrorism, tourism expenditures, number of tourist arrivals and tourism receipts is investigated by focusing on developed, developing and lessdeveloped countries in the period of 2002-2011 using unbalanced panel data analysis. For this purpose, firstly the stationary process of the variables is examined and it is found that they are stationary at their first difference level. Besides, cointegration tests are applied and Pedroni and Kao cointegration analysis show the existence of long-run relationship among the mentioned variables. Furthermore, the results of Granger causality analysis indicate that there is at least oneway causality relationship among the related variables. The findings of estimation models point out that international terrorism has a strong negative impact on tourism in all group of countries, but developed nations’ tourism is slightly affected by international terrorism than the others. In addition, in order to verify the findings the effects of the social peace on tourism in developed countries is examined and the results of the analysis indicate that the process of social peace have a positive impact on tourism.
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UR  - https://dergipark.org.tr/tr/pub/kosbed/issue//271112
L1  - https://dergipark.org.tr/tr/download/article-file/251823
ER  -