The causality relation between tourism income and economic growth in Turkey Cover Image

Türkiye’deki turizm gelirleri ile ekonomik büyüme arasındaki nedensellik ilişkisi
The causality relation between tourism income and economic growth in Turkey

Author(s): Tuğba Özışık
Subject(s): National Economy, Economic history, Economic development, Post-War period (1950 - 1989), Transformation Period (1990 - 2010), Present Times (2010 - today), Tourism
Published by: Rating Academy
Keywords: Tourism Income; Economic Growth; Causality;

Summary/Abstract: Tourism sector plays an important role both for developed countries by balancing the economy and for developing countries by fostering economic growth and development. Gaining momentum actively since 1980, tourism in Turkey has been a significant sector thanks to its positive effects not only on macro-economic variables, but also on growth and development. This study carries out a literature review as to the effects of tourism income on Turkish economy. After that, it tests the relation between economic growth and tourism income through causality analysis, based on the data from 1980 to 2022. As a result, the study finds that tourism has significant effects on economic growth.

  • Issue Year: 10/2023
  • Issue No: 1
  • Page Range: 37- 46
  • Page Count: 10
  • Language: Turkish