Assessing the impact of terrorism on travel activity in Greece

Helen Gazopoulou

No 127, Working Papers from Bank of Greece

Abstract: The aim of this paper is to assess the volatility of Greek travel receipts by considering the extent to which terrorist strikes can bring about serious unexpected disturbances to the proceeds from tourism.The paper shows that the impact of terrorist attacks at an international level is not expected to bring about a considerable decline of the number of arrivals to Greece. This finding seems consistent with other sources in the literature that argue in favour of the transitory impact of terrorist attacks on the flow of tourists to a specific destination

Keywords: Terrorism; Tourism; Current Account (search for similar items in EconPapers)
JEL-codes: H56 L83 (search for similar items in EconPapers)
Pages: 22
Date: 2011-04
New Economics Papers: this item is included in nep-tur
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Citations: View citations in EconPapers (2)

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