THE EFFECT OF TOURISM SECTOR ON THE ECONOMIC GROWTH OF KAZAKHSTAN: VAR ANALYSIS APPROACH Cover Image

TURİZM SEKTÖRÜNÜN KAZAKİSTAN’IN EKONOMİK BÜYÜMESİ ÜZERİNDEKİ ETKİSİ: VAR ANALİZİ YAKLAŞIMI
THE EFFECT OF TOURISM SECTOR ON THE ECONOMIC GROWTH OF KAZAKHSTAN: VAR ANALYSIS APPROACH

Author(s): Südabe Salihova, Nurhodja Akbulaev
Subject(s): Social Sciences, Economy, Regional Geography, Economic history, Social differentiation, Social Informatics, Sociology of Culture, Sociology of the arts, business, education, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today), Public Finances, Tourism, Sociology of Politics, Socio-Economic Research
Published by: Sage Yayınları
Keywords: Kazakhstan; Economic growth; Tourism revenues; Casuality Analysis; VAR;

Summary/Abstract: The tourism industry is one of the rapidly developing sectors in the world. Because it is a sector that contributes directly or indirectly to other sectors of the tourism industry to the economy of the country is one of the areas studied in detail the contribution is calculated. Kazakhstan declared its independence as of the date of the most valued within the sector, the tourism sector is also given importance. Tourism in Kazakhstan, especially after independence to occupy a place in the international tourism industry to develop rapidly and it is evident that are. Thus between the years of 1990-2014, the time series of gross domestic product (GDP) with variables and tourism revenues has been investigated by using the VAR model. The obtained empirical results, and economic growth in Kazakhstan tourism on the economic growth of tourism, it was determined that did not have an impact on. Consequently, the suggests that a reciprocal relationship exists between two variables, the result of the test integration.

  • Issue Year: 7/2015
  • Issue No: 28
  • Page Range: 84-95
  • Page Count: 12
  • Language: Turkish