THE CONTRIBUTION OF TOURISM REVENUES TO TURKEY'S MACRO ECONOMIC PERFORMANCE: AN ECONOMETRIC ANALYSIS
Journal Title: The Journal of International Social Research - Year 2015, Vol 8, Issue 38
Abstract
The tourism sector in both developed and emerging economies are the top of the income generating factors.Today, tourism has become largely invested and growing sector.Tourism regarded as one of the important services sectors, a country's economic, social and cultural fields.Turkey is a tourist attraction with its geographical, historical and cultural resources. Tourism industry revenue is a major foreign exchange earning item in Turkey's current account.Turkey is one of the most important tourism centers in the world, which multiple tourist activities can be done at the same time, which can be visited in any season and offering attractive option in terms of tourism diversity. In this study, examined empirically the causal relationship between tourism revenues and macroeconomic variables such as the current account deficit, growth rate and real exchange rate variables in Turkey the period of 1980-2014. For this purpose, short- and long-term relationships have been tested by Granger causality analysis. According the results obtained from tourism revenues to the current account deficit unidirectional, between the growth and tourism revenue bidirectional and from tourism revenue to the foreign currency unidirectional causal relationship has been identified. Jel Code: C22, F43, H69, L83
Authors and Affiliations
Fatma TURAN KOYUNCU
Keywords
Related Articles
- EP ID EP267393
- DOI -
- Views 588
- Downloads 0
THE OTTOMAN’S KUT-AL-AMARA VICTORY WITH BEFORE AND AFTER
In this paper, the Mesopotamian Front on which the Ottoman’s Kut-al-Amara victory, one of the most brillant victories of the Ottoman Army was won in the First World War, will be evaluated in general terms. Following the...
BASIC RESOURCES ON THE HISTORY OF ZANDS
The Zand dynasty is an Iranian dynasty of Lurish origin. By winning the power struggle after the death of Nader Shah, they controlled all of Iran except Khorasan for 44 years, from 1750 to 1794. Karim Khan, making Zands...
THE RELATIONSHIP BETWEEN HOPELESSNESS LEVELS AND DEPARTMENT OF THE STUDENTS STUDYING AT PHYSICAL EDUCATION AND SPORTS
The aim of this research is to determine the relation between their hopelessness and the department of students studying at School of Physical Education and Sports, Karamanoğlu Mehmetbey University. The sample of the re...
CERATTEPE: AS AN EXPLANANDUM OF THE COMMON FAITH
New Social Movements (NSMs) has improved and become important day by day especially with anti-globalization movements after 1970's. The motto which has been determined these movements "another world is possible!" Old soc...
LITERATURE ON NEW RELIGIOUS MOVEMENTS IN TURKEY AND THE WEST
The term of “new religious movement/s” (NRMs) generally refer to religious trends appeared in second half of 20th century. They generally tend to be so small or last for so short a time that they attracted litle or no at...