Tuesday, 25 February 2020

Terror and tourism: How bad news can harm economic development

a column by Tim Besley, Thiemo Fetzer and Hannes Mueller for VOX: CEPR’s Policy Portal

Reporting on violence draws attention to countries not typically covered by international news outlets. This leads to a ‘bad news’ bias, which can affect not only how people view these countries, but whether they choose to visit.

Using aggregated spending data to proxy tourist activity, this column documents a robust relationship between the intensity of reporting on violence and subsequent drops in tourist spending, suggesting that a bad news bias can have serious economic consequences for the countries that suffer from it.

Continue reading

Well worth the time I spent reading this. Illuminating graphs too (which I really like).

Labels:
bad_news_bias, terrorism, tourism,


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