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Journals / Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2016 / Cilt: 0 - Sayı: 48

THE CONTRIBUTION OF THE TOURISM INDUSTRY TO THE TURKEY'S ECONOMIC GROWTH

TÜRKİYE'NİN İKTİSADİ BÜYÜMESİNDE TURİZM SEKTÖRÜNÜN KATKISI

Harun TERZİ
Uğur Korkut PATA
Pages
45–64
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

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

Empirical results show that there is no cointegration between tourism sector and economic growth in the long run, however, there is a positive uni-directional causality running from the tourism sector to the GDP in the short run

📌 3 Key Takeaways

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Objective & Hypothesis:In this study for the period of 1964-2014, the causality links between the gross domestic product and the number of tourist arrivals/tourism earnings in Turkey have been analyzed by using the Bayer-Hanck cointegration, unrestricted VAR, Dolado-Lütkepohl VAR methods, impulseresponse functions and variance decomposition analysis.
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Key Findings & Data:In this study for the period of 1964-2014, the causality links between the gross domestic product and the number of tourist arrivals/tourism earnings in Turkey have been analyzed by using the Bayer-Hanck cointegration, unrestricted VAR, Dolado-Lütkepohl VAR methods, impulseresponse functions and variance decomposition analysis.
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Conclusion & Impact:Empirical results show that there is no cointegration between tourism sector and economic growth in the long run, however, there is a positive uni-directional causality running from the tourism sector to the GDP in the short run
🔬Design:Research Article
📍Scope:2014 Verileri
⚙️Variables:Domain Parameters

Abstract

In this study for the period of 1964-2014, the causality links between the gross domestic product and the number of tourist arrivals/tourism earnings in Turkey have been analyzed by using the Bayer-Hanck cointegration, unrestricted VAR, Dolado-Lütkepohl VAR methods, impulseresponse functions and variance decomposition analysis. Empirical results show that there is no cointegration between tourism sector and economic growth in the long run, however, there is a positive uni-directional causality running from the tourism sector to the GDP in the short run

Özet

Bu çalışmada Türkiye'de 1964-2014 dönemi yıllık verilerle, gayri safi yurtiçi hasıla ile ülkeye gelen turist sayısı/turizm gelirleri arasındaki ilişkiler Bayer-Hanck eş-bütünleşme, kısıtsız VAR, Dolado-Lütkepohl VAR analizleri, etki-tepki fonksiyonları ve varyans ayrıştırma analizleri kullanılarak incelenmiştir. Ampirik bulgular uzun dönemde turizm ile ekonomik büyüme arasında eş-bütünleşme ilişkisinin olmadığını, ancak kısa dönemde turizm sektöründen GSYİH'ya doğru tek yönlü, pozitif bir nedenselliğin olduğunu göstermiştir

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Cite This Article

TERZİ, H., PATA, U. K. (2022). THE CONTRIBUTION OF THE TOURISM INDUSTRY TO THE TURKEY'S ECONOMIC GROWTH. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 0 - Sayı: 48, 45–64. https://ajindex.com/articles/503511

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