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The effects of shocks on Turkish tourism demand: Evidence using panel unit root test

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  • Yagmur Saglam

    (157915Sinop University, Turkey)

  • Apostolos Ampountolas

    (124022Boston University, USA)

Abstract

This empirical study examines the stationarity of tourism demand in Turkey in response to the effects of structural breaks, which indicate external or internal shocks based on tourist arrivals from 12 Slavic-speaking countries between 2000 and 2016. We employed a panel unit root test based on the Flexible Fourier approach, which Karul enhanced to allow gradual shifts and a smooth transition process; structural break dates come from the Carrion-i-Silvestre unit root test framework. The empirical findings indicate that there are differences in the effects of these structural breaks across the 12 countries in question.

Suggested Citation

  • Yagmur Saglam & Apostolos Ampountolas, 2021. "The effects of shocks on Turkish tourism demand: Evidence using panel unit root test," Tourism Economics, , vol. 27(4), pages 859-866, June.
    • Handle: RePEc:sae:toueco:v:27:y:2021:i:4:p:859-866
    DOI: 10.1177/1354816619899831
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    References listed on IDEAS

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