Ahlfeldt, Gabriel M., Franke, Bastian and Maennig, Wolfgang (2015) Terrorism and international tourism: the case of Germany. Jahrbücher für Nationalökonomie und Statistik, 235 (1). pp. 3-21. ISSN 0021-4027
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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.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.jbnst.de/en/index.php |
| Additional Information: | © 2014 Lucius & Lucius Verlagsgesellschaft mbH, Stuttgart |
| Library of Congress subject classification: | H Social Sciences > HN Social history and conditions. Social problems. Social reform J Political Science > JN Political institutions (Europe) J Political Science > JZ International relations |
| Journal of Economic Literature Classification System: | L - Industrial Organization > L8 - Industry Studies: Services > L83 - Sports; Gambling; Recreation; Tourism Z - Other Special Topics > Z1 - Cultural Economics; Economic Sociology; Economic Anthropology > Z12 - Religion |
| Sets: | Departments > Geography and Environment Research centres and groups > Spatial Economics Research Centre Collections > Economists Online |
| Date Deposited: | 28 May 2014 08:55 |
| URL: | http://eprints.lse.ac.uk/56847/ |
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