SavedAdd your journal

Journals / Sosyoekonomi / 2015 / Cilt: 23 - Sayı: 25

An Assessment of the Relationship between Tourism Revenues and Economic Growth in Turkey in accordance with the Public Policy

Türkiye'de Turizm Gelirleri ve Ekonomik Büyüme İlişkisinin Kamu Politikaları Doğrultusunda Değerlendirilmesi

Kutay OKTAY
Eda BALIKÇIOĞLU
Pages
113–126
Publication Date
2022-10-18
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

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

The results show that there is a co-integration between tourism and economic growth.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The contribution of tourism that arrange country's economies is frequently discussed in the literature.
📊
Key Findings & Data:The aim of this paper is to investigate the causal relationship between economic growth and tourism by using quarterly data for Turkey for the period of 2003-2014.
💡
Conclusion & Impact:The results show that there is a co-integration between tourism and economic growth.
🔬Design:Research Article
📍Scope:2003-2014 Verileri
⚙️Variables:Domain Parameters

Abstract

The contribution of tourism that arrange country's economies is frequently discussed in the literature. Researching the economic impacts of tourism, public policies considerable effects undeniable. The aim of this paper is to investigate the causal relationship between economic growth and tourism by using quarterly data for Turkey for the period of 2003-2014. The results show that there is a co-integration between tourism and economic growth. In addition, our results for the Granger causality test indicate that there is a unidirectional causality from economic growth to tourism. At the end of this study, these relationship is evaluated in accordance with the public policy.

Özet

Turizmin ülkelerin ekonomilerine sağladığı katkılar literatürde sıklıkla tartışılmaktadır. Turizmin ekonomik etkileri incelendiğinde kamu politikalarının önemli etkileri olduğu yadsınamamaktadır. Çalışmanın amacı Türkiye'deki ekonomik büyüme ve turizm arasındaki nedensellik ilişkisini kamu politikaları doğrultusunda incelemektir. Bu amaçla 2003Q1-2014Q2 dönemini kapsayan çeyrek verileri kullanarak turizmle ekonomik büyüme arasındaki ilişki Granger nedensellik testi ile incelenmektedir. Analiz sonucunda ekonomik büyümeden turizme doğru tek yönlü nedensellik bulunmaktadır. Çalışmanın sonucunda bu nedensellik ilişkisi kamu politikaları doğrultusunda değerlendirilmektedir.

🔖

Cite This Article

OKTAY, K., BALIKÇIOĞLU, E. (2022). An Assessment of the Relationship between Tourism Revenues and Economic Growth in Turkey in accordance with the Public Policy. Sosyoekonomi, Cilt: 23 - Sayı: 25, 113–126. https://ajindex.com/articles/592489

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (14)

  1. Aktaş, C. (2005), "Türkiye'nin Turizm Gelirini Etkileyen Değişkenler İçin En Uygun Regresyon Denkleminin Belirlenmesi", Doğuş Üniversitesi Dergisi, 6(2), 163-174.
  2. Aslan, A. (2008), "Türkiye'de Ekonomik Büyüme ve Turizm İlişkisi Üzerine Ekonometrik Analiz", Erciyes Üniversitesi SBE Dergisi, 24, 1-11.
  3. Bahar, O. & B. Kurtuluş (2010), "Gelişmekte Olan Ülkelerde Turizm-Ekonomik Büyüme İlişkisi: Dinamik Panel Veri Analizi", Anatolia: Turizm Araştırmaları Dergisi, 21(2), Güz, 255- 265. Balaguer, J. & C. Manuel (2002), "Tourism as a Long-run Economic Growth Factor: the Spanish Case", Applied Economics, 34(7), 877-884.
  4. Belloumi, M. (2010), "The Relationship between Tourism Receipts, Real Effective Exchange Rate and Economic Growth in Tunisia", International Journal of TourismResearch, 12, 550- 560. Chen, C. & C. Song Zan (2009), "Tourism Expansion, Tourism Uncertainty and Economic Growth: New Evidence from Taiwan and Korea", Tourism Management, 30, 812-818.
  5. Değer, M.K. (2006), "Turizme ve İhracata Dayalı Büyüme: 1980-2005 Türkiye Deneyimi", İktisadi ve İdari Bilimler Dergisi, 20(2), Eylül, 67-86.
  6. Engle, R.F. & C.W.J. Granger (1987)," Co-integration and Error Correction: Representation, Estimation, and Testing", Econometrica, 55(2), 251-276.
  7. Ertuğrul, H.M. & F. Mangir (2013), "The Tourism Led Growth Hypothesis: Empirical Evidence from Turkey", Current Issues in Tourism, _____http://dx.doi.org/10.1080/13683500.2013.868409>, 28.08.2014.
  8. Fayıssa, B. & C. Nsiah & B. Tadasse (2008), "Impact of Tourism on Economic Growthand Development in Africa", Tourism Economics, 14(4), 807-818.
  9. Granger, C.W.J. (1988), "Causality, Cointegration and Control", Journal of Economic Dynamics and Control, 12, 551-559.
  10. Gunduz, L. & A. Hatemi (2005), "Is The Tourism Led Growth Hypothesis Valid For Turkey?", Applied Economics Letters, 12, 499-504.
  11. Jackman, M. (2012), "Revisiting the Tourism-Led Growth Hypothesis for Barbados: A Disaggregated Market Approach", Regional and Sectoral Economic Studies, 12(2), 15- 26. Johansen, S. & K. Juselius (1990), "Maximum Likelihood Estimation and Inference on Cointegration With Application to the Demand for Money", Oxford Bulletin of Economics and Statistics, 52, 169-209.
  12. Johansen, S. (1988), "Statistical Analysis of Cointegration Vectors", Journal of Economic Dynamics and Control, 12, 231-254.
  13. Johansen, S. (1991), "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models", Econometrica, 59, 1551-1580.
  14. Karataş, M. &