Terrorism and International Tourism Nexus: Evidence from Pakistan
The association among terrorism and tourism is crucial from the macroeconomic perspective as tourism is considered as a vital sector regarding developmental impacts. This analysis conducted to extract the influence of terrorism on tourism in Pakistan, expending the latest dataset and incorporating...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2020-11-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/10674 |
| _version_ | 1797921226473078784 |
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| author | Abdur Rauf Hafiz Muhammad Abubakar Siddique Qasim Saleem Sidra Sidra |
| author_facet | Abdur Rauf Hafiz Muhammad Abubakar Siddique Qasim Saleem Sidra Sidra |
| author_sort | Abdur Rauf |
| collection | DOAJ |
| description |
The association among terrorism and tourism is crucial from the macroeconomic perspective as tourism is considered as a vital sector regarding developmental impacts. This analysis conducted to extract the influence of terrorism on tourism in Pakistan, expending the latest dataset and incorporating some additional factors like FDI, human capital, and economic growth for 1980-2016, using ARDL bounds test. The evidence shows that terrorism has an inverse relationship with tourism in the long run that is statistically significant. Economic growth, FDI, and human capital are the increasing factors of tourism. Terrorism may cause to create insecurity and devastating recreational places. There is a need to resolve the issue of terrorism to enhance tourism in Pakistan. It may help tourist authorities to understand the nature of the impact of terrorism on the tourism industry in Pakistan.
Keywords: Terrorism, Tourism, ARDL, Human Capital, Economic Growth
JEL Classifications: L83, Z32, J24, F43
DOI: https://doi.org/10.32479/ijefi.10674
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| first_indexed | 2024-04-10T14:13:10Z |
| format | Article |
| id | doaj.art-54938ba480b1464fa9551edc46a3a7cc |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T14:13:10Z |
| publishDate | 2020-11-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-54938ba480b1464fa9551edc46a3a7cc2023-02-15T16:09:39ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-11-01105Terrorism and International Tourism Nexus: Evidence from PakistanAbdur RaufHafiz Muhammad Abubakar SiddiqueQasim Saleem0Sidra SidraGIFT University The association among terrorism and tourism is crucial from the macroeconomic perspective as tourism is considered as a vital sector regarding developmental impacts. This analysis conducted to extract the influence of terrorism on tourism in Pakistan, expending the latest dataset and incorporating some additional factors like FDI, human capital, and economic growth for 1980-2016, using ARDL bounds test. The evidence shows that terrorism has an inverse relationship with tourism in the long run that is statistically significant. Economic growth, FDI, and human capital are the increasing factors of tourism. Terrorism may cause to create insecurity and devastating recreational places. There is a need to resolve the issue of terrorism to enhance tourism in Pakistan. It may help tourist authorities to understand the nature of the impact of terrorism on the tourism industry in Pakistan. Keywords: Terrorism, Tourism, ARDL, Human Capital, Economic Growth JEL Classifications: L83, Z32, J24, F43 DOI: https://doi.org/10.32479/ijefi.10674 https://econjournals.com/index.php/ijefi/article/view/10674 |
| spellingShingle | Abdur Rauf Hafiz Muhammad Abubakar Siddique Qasim Saleem Sidra Sidra Terrorism and International Tourism Nexus: Evidence from Pakistan International Journal of Economics and Financial Issues |
| title | Terrorism and International Tourism Nexus: Evidence from Pakistan |
| title_full | Terrorism and International Tourism Nexus: Evidence from Pakistan |
| title_fullStr | Terrorism and International Tourism Nexus: Evidence from Pakistan |
| title_full_unstemmed | Terrorism and International Tourism Nexus: Evidence from Pakistan |
| title_short | Terrorism and International Tourism Nexus: Evidence from Pakistan |
| title_sort | terrorism and international tourism nexus evidence from pakistan |
| url | https://econjournals.com/index.php/ijefi/article/view/10674 |
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