Mitigating Externalities of Terrorism on Tourism: Global Evidence from Police, Security Officers and Armed Service Personnel

Current Issues in Tourism, 22(20),pp. 2466-2471, October, 2019

9 Pages Posted: 24 Oct 2019

See all articles by Simplice Asongu

Simplice Asongu

African Governance and Development Institute

Jacinta C. Nwachukwu

University of Central Lancashire - Lancashire School of Business and Enterprise

Date Written: October 16, 2018

Abstract

In this paper, we investigate the role of security officers, the police and armed service personnel in dampening the effect of terrorism externalities on tourist arrivals. The temporal and geographic scopes are respectively 2010-2015 and 163 countries. Four terrorism measurements are used. They include the number of: incidents, injuries, fatalities and property damages. The main findings indicate that armed service personnel can effectively be used to modulate the damaging influence of all four terrorism externalities in order to achieve a positive net effect on tourist arrivals. Conversely, the corresponding moderating role of security officers and the police is not statistically significant. Moreover, violent demonstrations and homicides have a harmful effect on tourist arrivals while the number of incarcerations displays the opposite effect. Policy implications are discussed.

Keywords: Terrorism; Peace; Tourism

JEL Classification: D74; Z32; Z38

Suggested Citation

Asongu, Simplice and Nwachukwu, Jacinta C., Mitigating Externalities of Terrorism on Tourism: Global Evidence from Police, Security Officers and Armed Service Personnel (October 16, 2018). Current Issues in Tourism, 22(20),pp. 2466-2471, October, 2019, Available at SSRN: https://ssrn.com/abstract=3470600 or http://dx.doi.org/10.2139/ssrn.3470600

Simplice Asongu (Contact Author)

African Governance and Development Institute ( email )

P.O. Box 8413
Yaoundé, 8413
Cameroon

Jacinta C. Nwachukwu

University of Central Lancashire - Lancashire School of Business and Enterprise ( email )

Preston, PR1 2HE
United Kingdom

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