The impact of economic and political crises on the survival of tourism-related firms: Evidence from Antalya

Tourism Economics, Ahead of Print. This article examines the effects of economic and political crises on the survival of 7115 tourism-related firms (hotels, restaurants, travel agencies and spas) in the Antalya region between 2000 and 2016. Using a discrete-time hazards model, we show that tourism-related firms exhibit lower survival rates during times of crisis. We…

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