terrorist attacks in Turkey and its implication on Turkish lira versus pound sterling exchange rate. In order to find the causal … long-run. However, the negative effect of terrorism tends to be small in both the short-run and long-run. More precisely …

Israel and Turkey are more sensitive to terrorism incidents than in Greece. There are also significant regional contagion … relative market share of Israel in the region, while terrorism in Israel benefits Turkey’s market share. We also document … terrorism on competitors' market shares in tourism sector where involved countries enjoy significant tourism activities but are …