Economics at your fingertips  

An Econometric Analysis of the Impact of Terrorism on Tourism

Walter Enders (), Todd Sandler () and Gerald F Parise

Kyklos, 1992, vol. 45, issue 4, 531-54

Abstract: This paper quantifies the impact that terrorism has had on tourism since 1970. To accomplish this task, the authors estimate a forecasting equation for a country's (region's) share of tourism using an ARIMA model with a transfer function based on the time series of terrorist attacks in the country (or region). Their results focus on three European countries--Greece, Italy, and Austria--that have experienced noteworthy terrorist attacks since 1970. The authors also calculate revenue losses for continental Europe. Since 1974 these losses are large, amounting to sixteen billion SDRs in present value terms. Much of the loss occurred in the 1980s. Copyright 1992 by WWZ and Helbing & Lichtenhahn Verlag AG

Date: 1992
References: Add references at CitEc
Citations View citations in EconPapers (99) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0023-5962

Access Statistics for this article

Kyklos is currently edited by Rene L. Frey

More articles in Kyklos from Wiley Blackwell
Series data maintained by Wiley-Blackwell Digital Licensing ().

Page updated 2018-03-09
Handle: RePEc:bla:kyklos:v:45:y:1992:i:4:p:531-54