TURİZM, FİNANSAL GELİŞME, TİCARİ AÇIKLIK VE SERMAYE STOKUNUN EKONOMİK BÜYÜME ÜZERİNDEKİ ETKİLERİ: TÜRKİYE ÖRNEĞİ

Abstract

Turizmin ekonomik büyüme üzerindeki etkisini belirlemek hem araştırmacılar hem de politika yapıcıları için önemli bir makroekonomik konudur. Bu çalışmanın ana amacı, Türkiye'de turizme dayalı büyüme hipotezini incelemektir. Çalışmada ülkeye gelen turist sayısı, finansal gelişme, ticari açıklık ve sermaye stokunun ekonomik büyümeye etkilerini değerlendirmek için 1965-2017 dönemini kapsayan yıllık veriler ve ARDL sınır testi yaklaşımı kullanılmıştır. Sonuçlar turizme dayalı büyüme hipotezinin Türkiye için hem kısa hem de uzun dönemde geçerli olduğunu göstermektedir. Ayrıca finansal gelişmede, ticari açıklıkta ve sermaye stokundaki artışlar uzun dönemde ekonomik büyümeyi desteklemektedir. Bu nedenle sürdürülebilir bir ekonomik büyüme için turizmin ile birlikte diğer politika araçlarının da etkin bir şekilde kullanılması gerekmektedir.

Keywords

• Turizme Dayalı Büyüme Hipotezi
• Finansal Gelişme
• Ticari Açıklık
• ARDL Yaklaşımı

THE EFFECTS OF TOURISM, FINANCIAL DEVELOPMENT, TRADE OPENNESS AND CAPITAL FORMATION ON ECONOMIC GROWTH: A CASE OF TURKEY

Abstract

Determining the impact of tourism on economic growth is an important macroeconomic issue for both researchers and policy makers. The main aim of this study is to examine the tourism-led growth hypothesis in Turkey. The study utilized annual data over the period of 1965-2017 and ARDL bounds testing approach to evaluate the impact of number of tourist arrivals, financial development, trade openness and capital stock on economic growth. The findings show that the tourism led growth hypothesis is valid for Turkey both in the short and long run. In addition, increases in financial development, trade openness and capital stock support economic growth in the long run. Therefore, it is necessary to effectively use tourism as well as other policy tools for sustainable economic growth.

Keywords

• Tourism Led Growth Hypothesis
• Financial Development
• Trade Openness
• ARDL Approach

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