IDEAS home Printed from https://ideas.repec.org/a/eyd/eyjrnl/v15y2004i52p131-141.html
   My bibliography  Save this article

Tourism and Economic Growth in Turkey

Author

Listed:
  • Jülide ÖCAL

    (Gazi University)

  • Nadir ÖCAL

    (METU)

Abstract

Tourism sector entails both costs and benefits to the economy. The costs are mainly emphasized as opportunity costs. On the other hand tourism revenues may have growth promoting potential benefits: It is a source for deriving foreign exchange which can be used to import capital goods for productive purposes. Thus, a rise in tourism revenues may result in higher production and employment. This paper examines empirically the effects of tourism revenues on economic growth in Turkey for the time period 1962-2002, in a VAR framework. The empirical findings indicate that even though there is growth promoting effects of tourism revenues in the long-run, there is no short-run relationship between tourism and economic growth.

Suggested Citation

  • Jülide ÖCAL & Nadir ÖCAL, 2004. "Tourism and Economic Growth in Turkey," Ekonomik Yaklasim, Ekonomik Yaklasim Association, vol. 15(52-53), pages 131-141.
    • Handle: RePEc:eyd:eyjrnl:v:15:y:2004:i:52:p:131-141
    DOI: 10.5455/ey.10503
    Note: [Turkish Title] Not available [Turkish Abstract] Not available [Turkish Keywords] Not available
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.5455/ey.10503
    Download Restriction: No restriction for articles.
    File URL: https://libkey.io/10.5455/ey.10503?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. H. M. Ertugrul & S. Yildirim & F. Ayhan, 2017. "An Investigation of Stationarity Properties of the Turkish Tourism Income Variable," International Econometric Review (IER), Econometric Research Association, vol. 9(2), pages 37-49, September.
    2. Gulsum Akarsu, 2023. "Interrelationships between Tourist Arrivals, Exchange Rate, Inflation, and Economic Growth: Empirical Evidence for Turkiye," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 9(1), pages 49-76, June.

    More about this item

    Keywords

    Tourism; economic growth; Turkey; VAR;
    All these keywords.

    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:eyd:eyjrnl:v:15:y:2004:i:52:p:131-141. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Ozan Eruygur (email available below). General contact details of provider: http://www.ekonomikyaklasim.org .

    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.