The effects of the military in politics on the inbound tourism: evidence from Turkey |
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| Authors: | Giray Gozgor Ender Demir Mehmet Huseyin Bilgin |
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| Institution: | 1. Faculty of Political Sciences, Istanbul Medeniyet University, Istanbul, Turkey;2. Faculty of Tourism, Istanbul Medeniyet University, Istanbul, Turkey |
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| Abstract: | In this paper, we analyze the effects of the military in politics on the number of tourist inflows from 71 countries to Turkey for the period from 1984 to 2014. We use the fixed-effects and the random-effects as well as the dynamic generalized methods of moments estimations. We find that a lower level of the relative military in politics (the difference between the source country and Turkey) positively affects the tourism inflows to Turkey. Specifically, one standard deviation reduction in the index of the relative military intervention in politics in Turkey leads to almost 7% increase in the tourism inflows. |
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| Keywords: | Tourism demand Turkish tourism market military in politics political risk panel data estimation techniques |
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