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Regional Effects of Terrorism on Tourism in Three Mediterranean Countries

Bibliographic Data

ID6284340
AuthorsKonstantinos Drakos (Department of Economics University of Patras, Rio University Campus, Greece), Κωνσταντίνος Δράκος (0000-0003-4244-5377, University of Patras), Ali M Kutan (0000-0003-4446-4627, Department of Economics & Finance Southern Illinois University Centre for European Integration Studies (ZEI) University of Bonn, Germany)
Year2003
Volume47
Issue5
Pages621-641
Publication date2003-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Conflict Resolution (JOURNAL)
Journal identifiersISSN: 0022-0027 • E-ISSN: 1552-8766
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0022002703258198
OpenAlexW1987155072
LanguageEN
Citations received113
References cited10

A consumer-choice theoretical model is developed to test the regional effects of terrorism on competitors' market shares in the tourism sector where involved countries enjoy significant tourism activities but are subject to a high frequency of terrorist attacks. Using data for three Mediterranean countries—Greece, Israel, and Turkey—for the period from January 1991 to December 2000, results show significant own and spillover effects of terrorism on market shares. Terrorist incidents are decomposed to better identify the impacts of terrorism on tourism. Significant contagion effects of terrorism on market shares in the region are documented, as is evidence of the effect of terrorism on the substitutability between countries

Business · Competitor analysis · Development economics · Economics · Economy · International trade · Macroeconomics · Market share · Political science · Spillover effect · Terrorism · Tourism · Culture, Economy, and Development Studies · Finance · Law · Marketing · Taxation and Compliance Studies · Terrorism, Counterterrorism, and Political Violence

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Unique citing works113
Citations per year5,14
Citation span2004 - 2026 (23)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 112

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