Terrorism and international tourism: the case of Germany

Gabriel Ahlfeldt, Bastian Franke and Wolfgang Maennig

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: We analyse how German tourists react to unanticipated shocks that alter their risk perception of selected tourism destinations. Using a difference-in-difference strategy which flexibly accounts for macroeconomic conditions and also addresses potential problems of serial correlation, we isolate significant effects of the 9/11 (2001) terrorist attacks, as well as for the attacks in Egypt (1997), Tunisia (2002), Morocco (2003) and Indonesia (2003). These terror attacks impacted especially on Islamic countries all over the world, indicating a transmission mechanism driven by ethnic and religious proximity. At the same time, tourism into Islamic countries was temporarily substituted by tourism to (south) European countries.

Keywords: terrorism; 9/11; Islamic countries; tourism demand (search for similar items in EconPapers)
JEL-codes: L83 Z12 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-eur, nep-sea and nep-tur
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Published in Jahrbücher Für NationalöKonomie und Statistik, 2015, 235(1), pp. 3-21. ISSN: 0021-4027

Downloads: (external link)
http://eprints.lse.ac.uk/56847/ Open access version. (application/pdf)

Related works:
Journal Article: Terrorism and International Tourism: The Case of Germany (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:56847

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().