Geopolitical risk and tourism demand in emerging economies

Faruk Balli ^[3] ; Gazi Salah Uddin ^[1] ; Syed Shahzad ^[2]
1. [1] Linköping University
  
  Linköping University
  
  Linköpings S:t Lars, Suecia
2. [2] Montpellier Business School
  
  Montpellier Business School
  
  Arrondissement of Montpellier, Francia
3. [3] Massey University
  
  Massey University
  
  Nueva Zelanda
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Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 25, Nº. 6, 2019, págs. 997-1005
Idioma: inglés
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Resumen
- In this article, we investigate the impact of geopolitical risk (GPR) on international tourism demandin emerging economies. We have found that impact of GPR is not homogeneous for every countryin our sample; for example, some countries are affected heavily by GPR and others are mostlyimmune to GPR shocks. In general, for countries that have attractive tourism destinations, theimpact of GPR is minimal, indicating that if international tourists desperately want to go a desti-nation, they do not take GPR seriously. In addition, the tsunami impact of GPR is not the same forall affected countries. For some countries, the GPR shocks have an impact within 2 to 3 months ofits ‘first hit’, while for other countries, the impact is felt over longer periods.