Research Article

The Effects of Tourism Sector on Economic Growth: The Case of Türkiye

Volume: 8 Number: 2 November 30, 2024
TR EN

The Effects of Tourism Sector on Economic Growth: The Case of Türkiye

Abstract

Tourism refers to the travelling and accommodation activities of individuals for various purposes from the regions where they continue their lives permanently to other regions. Economic growth and development are very crucial concepts for developing countries. Tourism plays a crucial role in fostering economic growth and development within societies. The study investigates the utilization of the tourism sector as a catalyst for economic growth and development in the context of the Turkish economy, employing quarterly data spanning from 2003:1 to 2023:2. Methodologically, the analysis incorporates Zivot-Andrews unit root test, Gregory Hansen cointegration test, and Toda Yamamoto causality test. The study contributes to the literature by using the most recent quarterly data and taking into account the structural breaks in the impact of tourism sector on economic growth and the model used. According to the analyses, it is concluded that there exist a cointegrated relationship between tourism expenditures, exchange rate and economic growth series and a reciprocal causality relationship between tourism expenditures and economic growth.

Keywords

Ethical Statement

Bu çalışma ‘Turizm Sektörünün Ekonomik Büyümeye Etkisi: Türkiye Örneği’ yüksek lisans tezinden türetilmiştir.

Thanks

Doç Dr. Burcu Türkcan Hocama katkıları ve desteği için çok teşekkür ederim.

References

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  2. Arslantürk, Y., Atan, S. (2012). Dynamic Relationship Between Economic Growth, Foreign Exchange and Tourism Incomes: An Econometric Per-spective on Turkey, Journal of Business, Economics & Finance, 1(1), ss. 30-37.
  3. Ayas, I., Çallı, S. D. (2022). Turizm Gelirleri ve Ekonomik Büyüme İlişkisine ARDL Sınır Testi ve Zamanla Değişen ARDL Teknikleri ile Ekonometrik Bakış. Doğuş Üniversitesi Dergisi, 23(2), 345-361.
  4. Bahar, O. (2006). Turizm Sektörünün Türkiye’nin Ekonomik Büyümesi Üzerindeki Etkisi: VAR Analizi Yaklaşımı, Yönetim ve Ekonomi Araştırmaları Dergisi, 13 (2).
  5. Balaguer, J., Jorda, M. (2002). Tourism as a Long-Run Economic Growth Factor: The Spanish Case, Applied Economics, 34, ss. 877-884.
  6. Belloumi, M. (2010). The Relationship Between Tourism Receipts, Real Effective Exchange Rate and Economic Grotwth in Tunusia, International Journal of Tourism Research, 12, ss. 550-560.
  7. Bozgeyik, Y., Yoloğlu, Y. (2015). Türkiye’de Turizm Gelirleri İle GSYH Arasındaki İlişki, Uluslararası Sosyal Araştırmalar Dergisi, 8(40), ss. 627-640.
  8. Bozkurt, E., Topçuoğlu, Ö. (2013). Türkiye’de Ekonomik Büyüme ve Turizm İlişkisi, Sosyal Bilimler Elektronik Dergisi, 7, ss. 92-105.

Details

Primary Language

English

Subjects

Economic Demography

Journal Section

Research Article

Publication Date

November 30, 2024

Submission Date

April 1, 2024

Acceptance Date

June 20, 2024

Published in Issue

Year 2024 Volume: 8 Number: 2

APA
Çinar, S. (2024). The Effects of Tourism Sector on Economic Growth: The Case of Türkiye. Sinop Üniversitesi Sosyal Bilimler Dergisi, 8(2), 842-863. https://doi.org/10.30561/sinopusd.1463074
AMA
1.Çinar S. The Effects of Tourism Sector on Economic Growth: The Case of Türkiye. Sinop Üniversitesi Sosyal Bilimler Dergisi. 2024;8(2):842-863. doi:10.30561/sinopusd.1463074
Chicago
Çinar, Sinan. 2024. “The Effects of Tourism Sector on Economic Growth: The Case of Türkiye”. Sinop Üniversitesi Sosyal Bilimler Dergisi 8 (2): 842-63. https://doi.org/10.30561/sinopusd.1463074.
EndNote
Çinar S (November 1, 2024) The Effects of Tourism Sector on Economic Growth: The Case of Türkiye. Sinop Üniversitesi Sosyal Bilimler Dergisi 8 2 842–863.
IEEE
[1]S. Çinar, “The Effects of Tourism Sector on Economic Growth: The Case of Türkiye”, Sinop Üniversitesi Sosyal Bilimler Dergisi, vol. 8, no. 2, pp. 842–863, Nov. 2024, doi: 10.30561/sinopusd.1463074.
ISNAD
Çinar, Sinan. “The Effects of Tourism Sector on Economic Growth: The Case of Türkiye”. Sinop Üniversitesi Sosyal Bilimler Dergisi 8/2 (November 1, 2024): 842-863. https://doi.org/10.30561/sinopusd.1463074.
JAMA
1.Çinar S. The Effects of Tourism Sector on Economic Growth: The Case of Türkiye. Sinop Üniversitesi Sosyal Bilimler Dergisi. 2024;8:842–863.
MLA
Çinar, Sinan. “The Effects of Tourism Sector on Economic Growth: The Case of Türkiye”. Sinop Üniversitesi Sosyal Bilimler Dergisi, vol. 8, no. 2, Nov. 2024, pp. 842-63, doi:10.30561/sinopusd.1463074.
Vancouver
1.Sinan Çinar. The Effects of Tourism Sector on Economic Growth: The Case of Türkiye. Sinop Üniversitesi Sosyal Bilimler Dergisi. 2024 Nov. 1;8(2):842-63. doi:10.30561/sinopusd.1463074

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