TOURISM, EXPORT AND ECONOMIC GROWTH NEXUS IN TURKEY: MAKI COİNTEGRATION AND BOOTSTRAP CAUSALITY ANALYSIS Cover Image

TÜRKİYE’DE TURİZM, İHRACAT VE EKONOMİK BÜYÜME İLİŞKİSİ: MAKİ EŞBÜTÜNLEŞME VE BOOTSTRAP NEDENSELLİK ANALİZİ
TOURISM, EXPORT AND ECONOMIC GROWTH NEXUS IN TURKEY: MAKI COİNTEGRATION AND BOOTSTRAP CAUSALITY ANALYSIS

Author(s): Tuncer Gövdeli
Subject(s): National Economy, Economic development, Tourism, Socio-Economic Research
Published by: Bingöl Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Tourism; Economic Growth; Unit Root Test With Structural Breaks; Maki Cointegration Test; Bootstrap Causality Test;

Summary/Abstract: In this study, explores the effects of tourism income and exports on Turkey’s economic growth. It employs annual data from 1963 to 2015. For this purpose, the stationarity of the series was tested with traditional unit root tests and unit root tests allowing structural breaks. After estimating the stationeries as I (1), the cointegration relationship between the series was determined using the Maki (2012) Cointegration Test, which allowed multiple structural breaks. Acording to estimating the cointegrated series FMOLS cointegration coefficient estimator using coefficients are estimated. Finally Hacker and Hatemi (2006) Bootstrap Causation Analysis was performed. According to the findings, the result is that the series will move together in the long term. So far as the findings, the result is that the series will move together in the long term. According to the analysis of causality, causality of export to economic growth and causality of export to tourism income was determined. There was no causal relationship between tourism incomes and economic growth.

  • Issue Year: 8/2018
  • Issue No: 16
  • Page Range: 571-586
  • Page Count: 16
  • Language: Turkish