The Impact of Tourism on Economic Performance: The Case of Turkey

Research Article

The Impact of Tourism on Economic Performance: The Case of Turkey

This study examines the relationship between tourism expansion and economic performance in Turkey over the period of 1963-2006. Empirical analysis carried out employing the VAR procedure indicates the presence of one cointegrating vector among real output, real tourism receipts and real effective exchange rate and tourism has a long-run effect on output. In addition, test results show the presence of one-directional causality indicating that tourism and exchange rate causes output.

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Muhittin Kaplan and Tuncay Celik, 2008. The Impact of Tourism on Economic Performance: The Case of Turkey. The International Journal of Applied Economics and Finance, 2: 13-18.

DOI: 10.3923/ijaef.2008.13.18

URL: https://scialert.net/abstract/?doi=ijaef.2008.13.18

The International Journal of Applied Economics and Finance

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Authors

Muhittin Kaplan

Tuncay Celik

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Research Article

The Impact of Tourism on Economic Performance: The Case of Turkey

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