Journal article

Contemporary drivers of global tourism: evidence from terrorism and peace factors

Research Areas

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Publication Details

Author list: Asongu S., Nnanna J., Biekpe N., Acha-Anyi P.

Publisher: Taylor & Francis (Routledge): SSH Titles

Publication year: 2019

Journal: Journal of Travel and Tourism Marketing

Journal name: Journal of Travel and Tourism Marketing

Volume number: 36

Issue number: 3

Start page: 345

End page: 357

Total number of pages: 13

ISSN: 1054-8408

eISSN: 1540-7306



This study examines the effect of terrorism and peace on tourist destination arrivals using a panel
of 163 countries with data for the period 2010–2015. 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 of military expenditure, “armed service personnel,” and “security officers and polices”
are not positively significant. Managerial implications are discussed.


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Last updated on 2020-28-04 at 22:35