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Tourism Demand and Real Effective Exchange Rate Relation in Turkey Cointegration and Causality Analysis   
Yazarlar (3)
Ahmet Ay
Selçuk Üniversitesi, Türkiye
Prof. Dr. Oktay KIZILKAYA Prof. Dr. Oktay KIZILKAYA
Kırşehir Ahi Evran Üniversitesi, Türkiye
Doç. Dr. Emrah SOFUOĞLU Doç. Dr. Emrah SOFUOĞLU
Kırşehir Ahi Evran Üniversitesi, Türkiye
Devamını Göster
Özet
It is generally accepted that one of the most determinant factor of economic growth is tourism revenues. Tourism revenues play an effective role in not only contributing economic growth but also financing current account deficit. The aim of this study is to evaluate the relationship between international tourist arrivals (residing in a foreign country) and real effective exchange rate in Turkey. For this purpose, Johansen-Juselius cointegration analysis method is utilized for the period of 2003: 1-2016: 1. After employing unit root test, it is seen that all variables are stationary at first difference. According to the cointegration analysis findings, variables are cointegrated in the long term. In this sense, real exchange rate has a positive impact on international arrivals in Turkey. Besides, while there is not a relationship between the variables in the short term, bi-directional relationship is found between international tourist arrivals and real effective exchange rate in the long term.
Anahtar Kelimeler
Bildiri Türü Tebliğ/Bildiri
Bildiri Alt Türü Tam Metin Olarak Yayınlanan Tebliğ (Uluslararası Kongre/Sempozyum)
Bildiri Niteliği Alanında Hakemli Uluslararası Kongre/Sempozyum
Bildiri Dili İngilizce
Kongre Adı he 2nd International Conference on the Changing World and Social Research (ICWSR’20)
Kongre Tarihi 14-10-2016 / 16-10-2016
Basıldığı Ülke İspanya
Basıldığı Şehir Barselona
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları

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