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
• Texto completo no disponible (Saber más ...)
• 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.