Is Tourism in Lebanon Subject to Permanent or Transitory Exogenous Shocks?

Charbel Bassil; Ali Salman Saleh; Sajid Anwar

doi:10.3727/108354214X14146846679682

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Is Tourism in Lebanon Subject to Permanent or Transitory Exogenous Shocks?

Journal article

Open access

Peer reviewed

Is Tourism in Lebanon Subject to Permanent or Transitory Exogenous Shocks?

Charbel Bassil, Ali Salman Saleh and Sajid Anwar

Tourism Analysis, Vol.19(6), pp.781-790

2014

DOI: https://doi.org/10.3727/108354214X14146846679682

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Abstract

Lebanon

structural breaks

tourism

unit root tests

visitor arrivals

The tourism industry makes a significant contribution to Lebanese gross domestic product (GDP). Lebanon has been rocked by political instability and regional conflicts over the past several decades. These exogenous shocks can adversely affect visitor arrivals. Using monthly data from 2008 to 2013, this article attempts to identify some statistically significant shocks to visitor arrivals to Lebanon and their nature (i.e., whether or not the impact of the shocks was temporary). The empirical analysis based on univariate as well as panel unit root testing procedures, where structural breaks are endogenously determined, suggests that at least one exogenous shock has significantly affected tourist arrivals to Lebanon. However, in overall terms, the impact of these shocks on visitor arrivals has been temporary.

Details

Title: Is Tourism in Lebanon Subject to Permanent or Transitory Exogenous Shocks?
Authors: Charbel Bassil (Author) - Notre Dame University, Lebanon
Ali Salman Saleh (Author) - Qatar University, Qatar
Sajid Anwar (Author) - University of the Sunshine Coast - Faculty of Arts and Business
Publication details: Tourism Analysis, Vol.19(6), pp.781-790
Publisher: Cognizant Communication Corporation
Date published: 2014
DOI: 10.3727/108354214X14146846679682
ISSN: 1083-5423
Organisation Unit: School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
Language: English
Record Identifier: 99450093302621
Output Type: Journal article

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Collaboration types: Domestic collaboration; International collaboration
Web Of Science research areas: Hospitality, Leisure, Sport & Tourism

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