Abstract
In this study, it was aimed to reveal the effect of tourism sector in Turkey on the economy between the years of 1980-2016. Within this context, the effect of tourism incomes on the growth rate of GDP per capita in the ARDL model established. According to error correction factor found as a result of the analysis, the effect of shock that is possible to occur in the short term within the model without constant term can be eliminated in 1/1.10 term whereas the effect of shock in the model with constant term can be eliminated in 1/1.95 term. Moreover, a significant and positive relation between the factors was identified in the short and long term. It is believed that the sector should be featured more in order to increase these positive effects of Turkish tourism on economy.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.