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Journals / Fiscaoeconomia / 2026 / Volume: 5 Issue: 1

Analysis of Asymmetric Relationship Between Tourism Revenues and Real Exchange Rate

Turizm Gelirleri ve Reel Döviz Kuru Arasındaki Asimetrik İlişkinin Analizi

Mustafa Caner Timur(ARDAHAN ÜNİVERSİTESİ)0000-0002-3259-8495
Nilcan Mert(ARDAHAN ÜNİVERSİTESİ)0000-0002-4065-4768
Pages
—
Publication Date
2021-01-10
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Accordingly, a positive shock in the exchange rate increases tourism revenues by approximately 0.6%, while a negative shock increases tourism revenues by approximately 0.3%.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Tourism is one of the most important sectors of today's modern world.
📊
Key Findings & Data:Countries prepare various incentives and regulations in order to increase their share in tourism revenues.
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Conclusion & Impact:Accordingly, a positive shock in the exchange rate increases tourism revenues by approximately 0.6%, while a negative shock increases tourism revenues by approximately 0.3%.
🔬Design:Research Article
📍Scope:2003 Verileri
⚙️Variables:Tourism revenues · tourism · real exchange rate

Abstract

Tourism is one of the most important sectors of today's modern world. Countries prepare various incentives and regulations in order to increase their share in tourism revenues. In addition to all these incentives, some data on the structural issues of the country affect tourism revenues. This study analyzes the asymmetrical relationship between the real exchange rate and tourism revenues for the Turkey. 2003: Q1-2020: Q1 has been investigated for periods. According to the non-linear ARDL analysis results, between the exchange rate and tourism revenues an asymmetric relationship in the long run and a symmetric relationship in the short run has been determined. Accordingly, a positive shock in the exchange rate increases tourism revenues by approximately 0.6%, while a negative shock increases tourism revenues by approximately 0.3%.

Özet

Turizm günümüz modern dünyasının en önemli sektörlerinden birisidir. Ülkeler turizm gelirlerine ilişkin paylarını arttırmak amacıyla çeşitli teşvikler ve düzenlemeler hazırlamaktadır. Yapılan tüm bu teşviklerin yanında ülkenin yapısal değişkenlerine ilişkin bazı verilerde turizm gelirlerini etkilemektedir. Bu çalışmada Türkiye için döviz kuru ile turizm gelirleri arasındaki asimetrik ilişkinin analizi 2003:Q1-2020:Q1 dönemleri itibariyle araştırılmıştır. Doğrusal olmayan ARDL analiz sonuçlarına göre döviz kuru ile turizm gelirleri arasında uzun dönemde asimetrik, kısa dönemde ise simetrik bir ilişki tespit edilmiştir. Buna göre döviz kurunda meydana gelecek pozitif bir şok turizm gelirlerini yaklaşık olarak %0,6 arttırırken, negatif bir şok ise turizm gelirlerini yaklaşık olarak %0,3 arttırmaktadır.

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Cite This Article

Timur, M. C., Mert, N. (2021). Analysis of Asymmetric Relationship Between Tourism Revenues and Real Exchange Rate. Fiscaoeconomia, Volume: 5 Issue: 1. https://doi.org/10.25295/fsecon.848247

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