EconPapers    
Economics at your fingertips  
 

Contemporary Drivers of Global Tourism: Evidence from Terrorism and Peace Factors

Simplice Asongu (), Joseph Nnanna, Nicholas Biekpe and Paul Acha-Anyi ()

MPRA Paper from University Library of Munich, Germany

Abstract: This study examines the effect of terrorism and peace on tourist destination arrivals using a panel of 163 countries with data for the period 2010 to 2015. The empirical evidence is based on Generalised Method of Moments and Negative Binomial (NB) regressions. Our best estimators are from NB regressions from which the following main findings are established. First, political instability, violent demonstrations and number of homicides negatively affect tourist arrivals while the number of incarcerations positively influences the outcome variable. Second the effects from military expenditure, “armed service personnel” and “security officers and polices” are not positively significant. Managerial implications are discussed.

Keywords: Terrorism; Peace; Tourism; Generalised Method of Moments; Negative Binomial Regressions; Military expenditure; Armed service personnel; Security officers and polices; Drivers and Panel data (search for similar items in EconPapers)
JEL-codes: C52 D74 (search for similar items in EconPapers)
Date: 2018-01
New Economics Papers: this item is included in nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/91996/1/MPRA_paper_91996.pdf original version (application/pdf)

Related works:
Working Paper: Contemporary Drivers of Global Tourism: Evidence from Terrorism and Peace Factors (2018) Downloads
Working Paper: Contemporary Drivers of Global Tourism: Evidence from Terrorism and Peace Factors (2018) Downloads
Working Paper: Contemporary Drivers of Global Tourism: Evidence from Terrorism and Peace Factors (2018) Downloads
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:pra:mprapa:91996

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2020-02-24
Handle: RePEc:pra:mprapa:91996