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- W2811499722 abstract "The aim of this study is to examine the impact of terrorism, on both the inflow of foreign direct investment (FDI) and on inbound tourism in Pakistan (TA - International tourism arrivals). The study is an attempt to estimate the short-run and long-run relationship between terrorism and FDI, as well as terrorism and inbound tourism by applying ARDL techniques for the period of 1995 to 2016. The ARDL bound test justifies the co-integration between terrorism, FDI and tourism. Moreover, the estimated results clearly indicate the negative short-run and long run impact of terrorism on FDI and terrorism on tourism. Furthermore, our findings also concur that terrorism has a huge impact on FDI as compared to tourism. Finally, the estimates confirm a unidirectional causality from terrorism to FDI and from terrorism to tourism." @default.
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- W2811499722 date "2018-01-01" @default.
- W2811499722 modified "2023-09-23" @default.
- W2811499722 title "The Relationship between Terrorist Events, Foreign Direct Investments (FDI) and Tourism Demand: Evidence from Pakistan" @default.
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