IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY?

Cilt: 16 Sayı: 2 1 Temmuz 2015
  • Harun Terzi
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IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY?

Öz

This study focuses on the causality relationship between international tourism revenue and economic growth in the Turkish economy during the period 1963-2013. Yearly time series data were obtained from the World Data Indicators and the Turkish Statistical Institute. Three different methodologies were employed to test the causality: pairwise Granger causality, unrestricted VAR and Toda-Yamamoto VAR analysis. All tests yielded strong evidence for unidirectional positive significant causality running from tourism revenue to economic growth. Additionally, IR and VD analyses also showed that the two variables affect each other. The findings of this study support the view that tourism-led growth hypothesis is valid for the Turkish economy.

Anahtar Kelimeler

Kaynakça

  1. ARSLANTÜRK, Y., ATAN, S. (2012). Dynamic relation between economic growth, foreign exchange and tourism incomes: an econometric perspective on Turkey. Journal of Business, Economics and Finance, 1 (1), pp.30-37.
  2. ÇETİNTAŞ, H., BEKTAŞ, Ç. (2008). Türkiye’de turizm ve ekonomik büyüme arasındaki kısa ve uzun dönemli ilişkiler. Anatolia: Turizm Araştırmaları Dergisi, 19 (1), pp.37-44.
  3. DEMİRÖZ, D., ONGAN, S. (2005). The contribution of tourism to the long-run Turkish economic growth. Ekonomicky Casopis, 9 (1), pp.880-894.
  4. DICKEY, D. A., FULLER, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74, pp.427- 431.
  5. DICKEY, D. A., FULLER, W. A. (1981). Likelihood ratio statistics for autoregressive time series with a unit root. Econometrica, 49, pp.1057-1072.
  6. ENDERS, W. (2014). Applied econometric time series. 4th edition, New York: Wiley
  7. GRANGER, C. W. J. (1969). Investigating causal relations by econometric models and cross spectral methods. Econometrica, 37, pp.424-438.
  8. GRANGER, C. W. J., NEWBOLD, P. (1974). Spurious regressions in econometrics. Journal of Econometrics, 2, pp.111-120.

Ayrıntılar

Birincil Dil

İngilizce

Konular

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Bölüm

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Yazarlar

Harun Terzi Bu kişi benim

Yayımlanma Tarihi

1 Temmuz 2015

Gönderilme Tarihi

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Kabul Tarihi

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Yayımlandığı Sayı

Yıl 2015 Cilt: 16 Sayı: 2

Kaynak Göster

APA
Terzi, H. (2015). IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY? Doğuş Üniversitesi Dergisi, 16(2), 165-178. https://izlik.org/JA98DC79WH
AMA
1.Terzi H. IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY? DOUJ. 2015;16(2):165-178. https://izlik.org/JA98DC79WH
Chicago
Terzi, Harun. 2015. “IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY?”. Doğuş Üniversitesi Dergisi 16 (2): 165-78. https://izlik.org/JA98DC79WH.
EndNote
Terzi H (01 Temmuz 2015) IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY? Doğuş Üniversitesi Dergisi 16 2 165–178.
IEEE
[1]H. Terzi, “IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY?”, DOUJ, c. 16, sy 2, ss. 165–178, Tem. 2015, [çevrimiçi]. Erişim adresi: https://izlik.org/JA98DC79WH
ISNAD
Terzi, Harun. “IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY?”. Doğuş Üniversitesi Dergisi 16/2 (01 Temmuz 2015): 165-178. https://izlik.org/JA98DC79WH.
JAMA
1.Terzi H. IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY? DOUJ. 2015;16:165–178.
MLA
Terzi, Harun. “IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY?”. Doğuş Üniversitesi Dergisi, c. 16, sy 2, Temmuz 2015, ss. 165-78, https://izlik.org/JA98DC79WH.
Vancouver
1.Harun Terzi. IS THE TOURISM-LED GROWTH HYPOTHESIS TLGH VALID FOR TURKEY? DOUJ [Internet]. 01 Temmuz 2015;16(2):165-78. Erişim adresi: https://izlik.org/JA98DC79WH