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The aim of this research was to examine the causal link between terrorism and FDI in tourism on the example of a panel … per capita. The main goal was to look at this issue from the perspective that terrorism does not affect FDI in tourism … decomposition and the impulse response function within the panel setting. Based on research results, it was found that terrorism …
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's level of CT is systematically related to terrorism. We introduce a simple theoretical framework, suggesting that terrorism … countries from 1970-2014, we find evidence for these predictions: Terrorism peaks at intermediate ranges of CT and corresponding …
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