ASOS INDEKS
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8
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10
İndirme
2
This paper examines the casual relationship between tourism and economic growth in Turkey over the period 1963-2003 using a multivariate model of GDP, tourism earnings and real exchange rate variables. Since the variables included in the model are nonstationary and have a unit root, the Johansen technique has been applied. To test Granger causality instead of VAR model, VECM is employed since there was strong evidence that the variables are cointegrated. The empirical results suggested that there is both short run and long run unidirectional causality running from Tourism to GDP in Turkey. This results suggest that public policies in favor of the tourism supply will enhance Turkey’s economic growth
Alan : Eğitim Bilimleri; Sosyal, Beşeri ve İdari Bilimler; Güzel Sanatlar; Filoloji
Dergi Türü : Ulusal
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