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Journals / Business and Management Studies: An International Journal / 2019 / Cilt: 7 - Sayı: 1

ANALYSIS OF THE TOURISM –LED GROWTH MODEL AND THE ECONOMY BASED TOURISM GROWTH MODEL: PANEL DATA ANALYSIS

TURİZME DAYALI BÜYÜME MODELİ İLE EKONOMİYE DAYALI TURİZM BÜYÜMESİ MODELİNİN TEST EDİLMESİ: PANEL VERİ ANALİZİ

BİLGEHAN TEKİN
Pages
118–134
DOI
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AI Summary & Key Takeaways

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

The results show that the countries' international tourism receipts and their economic elders are in reciprocal relations, and this relationship supports the hypothesis of the economy-based tourism growth.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, the validity of the tourism-led growth hypothesis and economy based tourism growth models have been tried to be tested by taking into consideration the countries with the highest international tourism receipts and regions of the world.
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Key Findings & Data:The study covers annual data for the period 1995-2016.
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Conclusion & Impact:The results show that the countries' international tourism receipts and their economic elders are in reciprocal relations, and this relationship supports the hypothesis of the economy-based tourism growth.
🔬Design:Modeling & Simulation
📍Scope:2016 Verileri
⚙️Variables:Domain Parameters

Abstract

In this study, the validity of the tourism-led growth hypothesis and economy based tourism growth models have been tried to be tested by taking into consideration the countries with the highest international tourism receipts and regions of the world. In order to reduce the problem of variable neglected during this process, relations of tourism and economic growth with financial development are also included. The study covers annual data for the period 1995-2016. The study places the countries and regions, USA, Australia, United Kingdom, China, Euro Zone, Japan, Thailand and Turkey. Panel data analysis with random effects was used in this study. As a result of the study, it is determined that international tourism revenues and economic growth are in mutual relation. The results show that the countries' international tourism receipts and their economic elders are in reciprocal relations, and this relationship supports the hypothesis of the economy-based tourism growth.

Özet

Bu çalışmada turizm temelli ekonomik büyüme modeli ile ekonomi temelli turizm büyümesimodellerinin geçerliliği dünyanın en fazla turist çeken ülkeleri ve bölgeleri dikkate alınarak geniş çapta testedilmeye çalışılmıştır. Bu yapılırken ihmal edilen değişken sorununu azaltmak için finansal gelişmenin turizm veekonomik büyüme ile ilişkilerine de yer verilmiştir. Çalışma 1995-2016 dönemi yıllık verilerini kapsamaktadır.Çalışmada yer verilen ülkeler ve bölgeler, ABD, Avusturalya, Birleşik Krallık, Çin, Euro Bölgesi, Japonya,Tayland ve Türkiye’dir. Çalışmada rassal etkiler modeli ile panel veri analizi yapılmıştır. Çalışma sonucundauluslararası turizm gelirleri ile ekonomik büyümenin karşılıklı ilişki içerisinde oldukları tespit edilmiştir.Sonuçlar ülkelerin uluslararası turizm gelirleri ile ekonomik büyüklerinin karşılıklı ilişki içerisinde bulunduğunuve bu ilişkinin daha çok ekonomiye dayalı turizm büyümesi hipotezini desteklediğini göstermektedir.

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Cite This Article

TEKİN, B. (2019). ANALYSIS OF THE TOURISM –LED GROWTH MODEL AND THE ECONOMY BASED TOURISM GROWTH MODEL: PANEL DATA ANALYSIS. Business and Management Studies: An International Journal, Cilt: 7 - Sayı: 1, 118–134. https://ajindex.com/articles/352108

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