Investigating the Impact of Terrorism on Tourism in Selected Cuntries: Dynamic Panel Data Approach

Nowadays, tourism is referred to as industry due to the breadth of services provided. Meanwhile, the development of tourism requires the fulfillment of preconditions. One of them is security while without it travel will not take place. In fact, the most important factor in formulating tourism development strategies in the world is security. Therefore, the purpose of this study is to investigate the effect of terrorism as an important factor disrupting national and regional security on tourism. To achieve the purpose of this study, the dynamic panel data (GMM) method has been used for 128 countries and from 2002 to 2018. The results of the study show that the effect of terrorism on tourism is negative on tourism. The results show that the effect of terrorism on tourism is negative and the feeling of insecurity reduces tourists' entrance into countries that do not have the appropriate level of safety. Therefore, it is suggested that countries try to establish the security of the country and the region for the development of tourism, because the security of the region will also affect the security of the target country.