The tourism-led growth hypothesis: empirical evidence from Turkey

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dc.contributor.authorErtugrul, Hasan Murat
dc.contributor.authorMangir, Fatih
dc.date.accessioned2020-03-26T19:07:42Z
dc.date.available2020-03-26T19:07:42Z
dc.date.issued2015
dc.departmentSelçuk Üniversitesien_US
dc.description.abstractIn 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.en_US
dc.identifier.doi10.1080/13683500.2013.868409en_US
dc.identifier.endpage646en_US
dc.identifier.issn1368-3500en_US
dc.identifier.issn1747-7603en_US
dc.identifier.issue7en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage633en_US
dc.identifier.urihttps://dx.doi.org/10.1080/13683500.2013.868409
dc.identifier.urihttps://hdl.handle.net/20.500.12395/32693
dc.identifier.volume18en_US
dc.identifier.wosWOS:000353123700001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTDen_US
dc.relation.ispartofCURRENT ISSUES IN TOURISMen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.selcuk20240510_oaigen_US
dc.subjectgranger causalityen_US
dc.subjectARDL modelen_US
dc.subjectKalman filter methoden_US
dc.subjecttourismen_US
dc.titleThe tourism-led growth hypothesis: empirical evidence from Turkeyen_US
dc.typeArticleen_US

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