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TÜRKİYE’DE TURİZM GELİRLERİNİN EKONOMİK BÜYÜMEYE ETKİSİNİN TESTİ : YAPISAL KIRILMA VE NEDENSELLİK ANALİZİ

Year 2006, Volume: 7 Issue: 2, 162 - 171, 01.07.2006

Abstract

Bu çalışmada Türkiye'de 1992:Q1- 2004:Q4 dönemindeki turizm gelirindeki artışın ekonomik büyümeye etkisi araştırılmaktadır. Geleneksel birim kök testinin Augmented Dickey Fuller yanı sıra, yapısal kırılmanın varlığının tespiti için, Zivot ve Andrews'in 1992 birim kök testi kullanılmıştır. Zivot ve Andrews'in test sonuçları, ADF testinin aksine, gayri safi yurtiçi hasıla ve turizm değişkenlerinin trend durağan olduğunu göstermektedir. Standart Granger nedensellik testi sonuçları ve Toda-Yamamoto 1995 yaklaşımına göre, turizm gelirleri ile iktisadi büyüme arasında nedensellik ilişkisi yoktur.

References

  • ALTINAY, G., KARAGÖL, E. (2004). Structural break, unit root, and the causality between energy comsumption and GDP in Turkey. Energy Economics 26, pp. 985-994.
  • (2005). Electricity consumption and economic growth: Evidence from Turkey. Energy Economics, 27, pp. 849-856.
  • BALAGUER, L., CANTAVELLA-JORDA, M.,(2002). Tourism as a long-run economic growth factor : the Spanish case. Applied Economics 34, pp.877-884.
  • DAVIDSON, R., MACKINNON, J.G. (1993). Estimation and inference in econometrics.Oxford, Oxford University Press.
  • DICKEY, D.A., FULLER, W.A. (1979). Distributions of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association 74, pp.427-431.
  • (1981). Likelihood ration statistics for autoregressive time series with a unit root. Econometrica, 49, pp.1057-1072.
  • DRITSAKIS, N. (2004). Tourism as a long-run economic growth factor : an empirical investigation for Greece using causality analysis. Tourism Economics, 10 (3), pp.305-316.
  • GÜNDÜZ, L., HATEMİ-J,A. (2005). Is the tourism-led growth hypothesis valid for Turkey?. Applied Economics Letters, 12(8), pp.499-504.
  • KIM S.,SONG, H. (1998). Analysis of tourism demand in South Korea : a cointegratin and error correction approach. Tourism Analysis, 3, pp.25-41.
  • LATHIRAS, P., SIRIOPOULOS, C. (1998). The demand for tourism to Greece : a cointegration approach. Tourism Economics, 4, pp171-185.
  • OH, C-O., (2005). The contribution of tourism development to economic growth in the Korean economy. Tourism Management, 26, pp.39-44.
  • PERRON, P. (1989). The Great crash, the oil price shock, and the unit root hypothesis. Econometrica, 57, pp.1361-1401.
  • (1990). Testing for a unit root in a time series with a changing mean. Journal of Business and Economic Statistics, 8, pp.153-162.
  • PHILLIPS, P., PERRON, P. (1988). Testing for a unit root in time series regression. Biometrica, 75. pp.335-346.
  • TODA, H. Y.,YAMAMOTO, T. (1995). Statistical inference in vector autoregressions with possbly integrated process. Journal of Econometrics, 66, pp 225-250.
  • ZIVOT, E., ANDREWS, D.W.K., (1992). Further evidence on the great crash, the oil-price shock,and the unit-root hypothesis. Journal of Business & Economic Statistic, 10, pp.251-270.

TEST FOR THE EFFECT OF TOURISM RECEIPTS ON ECONOMIC GROWTH IN TURKEY : STRUCTURAL BREAK AND CAUSALITY ANALYSIS

Year 2006, Volume: 7 Issue: 2, 162 - 171, 01.07.2006

Abstract

This study investigates the causal relations between tourism growth and economic growth in Turkey over the 1992:Q1-2004:Q4 period. In this study, in addition to the conventional unit root test Augmented Dickey-Fuller , Zivot and Andrews’s 1992 unit root test is employed to find out whether there is a structural break or not. Results of Zivot and Andrews test show that Gross Domestic Product and tourism variables are trend stationary on the contrary Augmented DickeyFuller test. According to Standart Granger causality test results and TodaYamamoto 1995 approach, there is not causality relation between tourism receipts and economic growth

References

  • ALTINAY, G., KARAGÖL, E. (2004). Structural break, unit root, and the causality between energy comsumption and GDP in Turkey. Energy Economics 26, pp. 985-994.
  • (2005). Electricity consumption and economic growth: Evidence from Turkey. Energy Economics, 27, pp. 849-856.
  • BALAGUER, L., CANTAVELLA-JORDA, M.,(2002). Tourism as a long-run economic growth factor : the Spanish case. Applied Economics 34, pp.877-884.
  • DAVIDSON, R., MACKINNON, J.G. (1993). Estimation and inference in econometrics.Oxford, Oxford University Press.
  • DICKEY, D.A., FULLER, W.A. (1979). Distributions of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association 74, pp.427-431.
  • (1981). Likelihood ration statistics for autoregressive time series with a unit root. Econometrica, 49, pp.1057-1072.
  • DRITSAKIS, N. (2004). Tourism as a long-run economic growth factor : an empirical investigation for Greece using causality analysis. Tourism Economics, 10 (3), pp.305-316.
  • GÜNDÜZ, L., HATEMİ-J,A. (2005). Is the tourism-led growth hypothesis valid for Turkey?. Applied Economics Letters, 12(8), pp.499-504.
  • KIM S.,SONG, H. (1998). Analysis of tourism demand in South Korea : a cointegratin and error correction approach. Tourism Analysis, 3, pp.25-41.
  • LATHIRAS, P., SIRIOPOULOS, C. (1998). The demand for tourism to Greece : a cointegration approach. Tourism Economics, 4, pp171-185.
  • OH, C-O., (2005). The contribution of tourism development to economic growth in the Korean economy. Tourism Management, 26, pp.39-44.
  • PERRON, P. (1989). The Great crash, the oil price shock, and the unit root hypothesis. Econometrica, 57, pp.1361-1401.
  • (1990). Testing for a unit root in a time series with a changing mean. Journal of Business and Economic Statistics, 8, pp.153-162.
  • PHILLIPS, P., PERRON, P. (1988). Testing for a unit root in time series regression. Biometrica, 75. pp.335-346.
  • TODA, H. Y.,YAMAMOTO, T. (1995). Statistical inference in vector autoregressions with possbly integrated process. Journal of Econometrics, 66, pp 225-250.
  • ZIVOT, E., ANDREWS, D.W.K., (1992). Further evidence on the great crash, the oil-price shock,and the unit-root hypothesis. Journal of Business & Economic Statistic, 10, pp.251-270.
There are 16 citations in total.

Details

Primary Language Turkish
Journal Section Research Article
Authors

Nilgün Çil Yavuz This is me

Publication Date July 1, 2006
Published in Issue Year 2006 Volume: 7 Issue: 2

Cite

APA Yavuz, N. Ç. (2006). TÜRKİYE’DE TURİZM GELİRLERİNİN EKONOMİK BÜYÜMEYE ETKİSİNİN TESTİ : YAPISAL KIRILMA VE NEDENSELLİK ANALİZİ. Doğuş Üniversitesi Dergisi, 7(2), 162-171.