Scopus
YÖKSİS Eşleşti
The tourism-led growth hypothesis: empirical evidence from Turkey
Current Issues in Tourism · Temmuz 2015
YÖKSİS Kayıtları
The tourism led growth hypothesis empirical evidence from Turkey
Current Issues in Tourism · 2015 SSCI 1 atıf
PROFESÖR FATİH MANGIR →
Makale Bilgileri
DergiCurrent Issues in Tourism
Yayın TarihiTemmuz 2015
Cilt / Sayfa18 · 633-646
Scopus ID2-s2.0-84928351471
Özet
In the economic growth literature, the contribution of tourism to economic development has attracted great attention due to its significant roles as a source of foreign exchange earnings, creation of employment opportunities and an important source of public revenues in many countries. In this paper, we aim to analyse the empirical relationship between economic growth and tourism by employing different econometric techniques. First, we employed the Bound test approach developed by Pesaran, Shin, and Smith (2001, Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326) in order to investigate the co-integration relationship between economic growth and tourism. Second, we used the Granger causality analysis for the 1998–2011 period and found evidence of a long-run uni-directional causality running from tourism to economic growth, but not vice versa. Our findings show that the Turkish case supports the tourism-led growth hypothesis (TLGH). Third, the autoregressive-distributed lag approach was employed in order to investigate the long-term and short-term static relationship between tourism and economic growth. The results show that tourism has a positive effect on gross domestic product and economic growth both in the long-term and short-term. Finally, the effect of tourism on economic growth was also investigated dynamically by employing the Kalman filter method. The findings of this method support the TLGH for Turkey.
Yazarlar (2)
1
Hasan Murat Ertugrul
2
Fatih Mangir
Anahtar Kelimeler
ARDL model
granger causality
Kalman filter method
tourism
Kurumlar
Selçuk Üniversitesi
Selçuklu Turkey
The Republic of Turkey Prime Ministry
Ankara Turkey
Metrikler
51
Atıf
2
Yazar
4
Anahtar Kelime