IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/10601.html
   My bibliography  Save this paper

International Tourism Demand for Turkey: A Dynamic Panel Data Approach

Author

Listed:
  • Aslan, Alper
  • Kaplan, Muhittin
  • Kula, Ferit

Abstract

Empirical studies on tourism field for Turkey have illustrated little attention in modelling properly the demand function for tourism and identifying the main basis of tourism flows. The majority of studies take into consideration the demand side determinants of tourism, usually proxies by income and price measurements, and little attention has been given to the supply factors, which might influence substantially the tourism performance. Factors such as infrastructures in networks and accommodation capacity in the hosting country have been ignored in such studies. Taking into accounts these facts, in this paper, a dynamic model is used to estimate the demand function of tourism in Turkey with respect to its nine major clients, Germany, Russia, United Kingdom, Holland, France, Austria, Iran, Bulgaria and Ukraine, for a period of 10 years (1995-2004) by using the GMM-DIFF estimator proposed by Arellano and Bond (1991). One of the main conclusions of the study is the significant value of the lagged dependent variable (0.28), which may be interpreted as a minor word-of-mouth effect on the consumer decision in favour of the destination.

Suggested Citation

  • Aslan, Alper & Kaplan, Muhittin & Kula, Ferit, 2008. "International Tourism Demand for Turkey: A Dynamic Panel Data Approach," MPRA Paper 10601, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:10601
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/10601/1/MPRA_paper_10601.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hansen, Lars Peter, 1982. "Large Sample Properties of Generalized Method of Moments Estimators," Econometrica, Econometric Society, vol. 50(4), pages 1029-1054, July.
    2. Jacint Balaguer & Manuel Cantavella-Jorda, 2002. "Tourism as a long-run economic growth factor: the Spanish case," Applied Economics, Taylor & Francis Journals, vol. 34(7), pages 877-884.
    3. Teresa Garin-Munoz & Teodosio Perez Amaral, 2000. "An econometric model for international tourism flows to Spain," Applied Economics Letters, Taylor & Francis Journals, vol. 7(8), pages 525-529.
    4. Andreas Papatheodorou, 1999. "The demand for international tourism in the Mediterranean region," Applied Economics, Taylor & Francis Journals, vol. 31(5), pages 619-630.
    5. Nikolaos Dritsakis, 2004. "Tourism as a Long-Run Economic Growth Factor: An Empirical Investigation for Greece Using Causality Analysis," Tourism Economics, , vol. 10(3), pages 305-316, September.
    6. Lokman Gunduz & Abdulnasser Hatemi-J, 2005. "Is the tourism-led growth hypothesis valid for Turkey?," Applied Economics Letters, Taylor & Francis Journals, vol. 12(8), pages 499-504.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Özcan Ceyhun Can & Uçak Harun, 2016. "Outbound Tourism Demand of Turkey: A Markov Switching Vector Autoregressive Approach," Czech Journal of Tourism, Sciendo, vol. 5(2), pages 59-72, December.
    2. José Antonio Camuñez & Maria P Pablo-Romero & Javier Sánchez-Rivas, 2018. "Tourism capital," Tourism Economics, , vol. 24(7), pages 889-900, November.
    3. Deluna, Roperto Jr & Jeon, Narae, 2014. "Determinants of International Tourism Demand for the Philippines: An Augmented Gravity Model Approach," MPRA Paper 55294, University Library of Munich, Germany.
    4. Abbott, Andrew & De Vita, Glauco & Altinay, Levent, 2012. "Revisiting the convergence hypothesis for tourism markets: Evidence from Turkey using the pairwise approach," Tourism Management, Elsevier, vol. 33(3), pages 537-544.
    5. Karma Emiljan, 2023. "Patriotic Tourism Demand in Albania: A System GMM Model Approach," South East European Journal of Economics and Business, Sciendo, vol. 18(2), pages 186-196, December.
    6. Karen Jackson, 2011. "Reconsidering the Silk Road: Tourism in the Context of Regionalism and Trade Patterns," Chapters, in: Samuel Cameron (ed.), Handbook on the Economics of Leisure, chapter 11, Edward Elgar Publishing.
    7. , & Ismail, Normaz Wana & Kaliappan, Shivee, 2013. "Determinants of International Tourism in Malaysia: Evidence from Gravity Model," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 47(1), pages 131-138.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Salah Eddine Sari Hassoun & Khayereddine Salim Adda & Asma Hadjira Sebbane, 2021. "Examining the connection among national tourism expenditure and economic growth in Algeria," Future Business Journal, Springer, vol. 7(1), pages 1-9, December.
    2. Assaf, A. George & Josiassen, Alexander & Agbola, Frank W., 2015. "Attracting international hotels: Locational factors that matter most," Tourism Management, Elsevier, vol. 47(C), pages 329-340.
    3. Tang, Chor Foon, 2011. "Tourism, real output and real effective exchange rate in Malaysia: a view from rolling sub-samples," MPRA Paper 29379, University Library of Munich, Germany.
    4. Andreas G. Georgantopoulos, 2013. "Tourism Expansion and Economic Development: Var/Vecm Analysis and Forecasts for the Case of India," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(4), pages 464-482, April.
    5. Arslanturk, Yalcin & Balcilar, Mehmet & Ozdemir, Zeynel Abidin, 2011. "Time-varying linkages between tourism receipts and economic growth in a small open economy," Economic Modelling, Elsevier, vol. 28(1), pages 664-671.
    6. Jianping Zha & Zhiyong Li, 2017. "Drivers of tourism growth," Tourism Economics, , vol. 23(5), pages 941-962, August.
    7. Yonglian Wang & Lijun Wang & Han Liu & Yongjing Wang, 2021. "The Robust Causal Relationships Among Domestic Tourism Demand, Carbon Emissions, and Economic Growth in China," SAGE Open, , vol. 11(4), pages 21582440211, October.
    8. Jackman M.M., 2012. "Revisiting The Tourism-Led Growth Hypothesis For Barbados: A Disaggregated Market Approach," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 12(2).
    9. Chen, Ming-Hsiang, 2010. "The economy, tourism growth and corporate performance in the Taiwanese hotel industry," Tourism Management, Elsevier, vol. 31(5), pages 665-675.
    10. Yong Su & Jacob Cherian & Muhammad Safdar Sial & Alina Badulescu & Phung Anh Thu & Daniel Badulescu & Sarminah Samad, 2021. "Does Tourism Affect Economic Growth of China? A Panel Granger Causality Approach," Sustainability, MDPI, vol. 13(3), pages 1-12, January.
    11. Brida, Juan Gabriel & Pereyra, Juan Sebastián & Such, María Jesús & Pulina, Manuela, 2011. "Causalidad entre turismo y crecimiento económico de largo plazo: una revisión crítica de la literatura econométrica [Causality between tourism and long-term economic growth: a critical review of th," MPRA Paper 37332, University Library of Munich, Germany, revised 2011.
    12. Yang Songling & Muhammad Ishtiaq & Bui Thi Thanh, 2019. "Tourism Industry and Economic Growth Nexus in Beijing, China," Economies, MDPI, vol. 7(1), pages 1-15, March.
    13. Sheilla Nyasha & Nicholas M. Odhiambo & Simplice A. Asongu, 2021. "The Impact of Tourism Development on Economic Growth in Sub-Saharan Africa," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(6), pages 1514-1535, December.
    14. Gawande, Kishore & Maloney, William & Montes-Rojas, Gabriel, 2009. "Foreign informational lobbying can enhance tourism: Evidence from the Caribbean," Journal of Development Economics, Elsevier, vol. 90(2), pages 267-275, November.
    15. Abdulkarim K. Alhowaish, 2016. "Is Tourism Development a Sustainable Economic Growth Strategy in the Long Run? Evidence from GCC Countries," Sustainability, MDPI, vol. 8(7), pages 1-10, June.
    16. El in Aykac Alp & Elif Guneren Genc, 2015. "The Relation between Current Account Deficit and Tourism: The Case of Turkey," International Journal of Economics and Financial Issues, Econjournals, vol. 5(2), pages 448-453.
    17. Jing Gao & Wen Xu & Lei Zhang, 2021. "Tourism, economic growth, and tourism-induced EKC hypothesis: evidence from the Mediterranean region," Empirical Economics, Springer, vol. 60(3), pages 1507-1529, March.
    18. Castellano, Rosalia & Chelli, Francesco M. & Ciommi, Mariateresa & Musella, Gaetano & Punzo, Gennaro & Salvati, Luca, 2020. "Trahit sua quemque voluptas. The multidimensional satisfaction of foreign tourists visiting Italy," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    19. Francis Baidoo & Elikplimi Komla Agbloyor & Vera Ogeh Lassey Fiador & Nana Amaniampong Marfo, 2022. "Do countries’ geographical locations moderate the tourism-led economic growth nexus in sub-Saharan Africa?," Tourism Economics, , vol. 28(4), pages 1009-1039, June.
    20. Zdravko Sergo, 2019. "Inter-Generational Employment Spillovers From Tourism Across The Eu," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 28(1), pages 97-125, june.

    More about this item

    Keywords

    Tourism Demand; GMM-DIFF; Turkey;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:10601. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.