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TOURISM AND ECONOMIC GROWTH IN TURKEY

Jlide Yldrm cal, Nadir cal.

Cited by (6)

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.

Key words: Tourism, economic growth, Turkey, VAR



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How to Cite this Article
Pubmed Style

Julide Yildirim Ocal, Nadir Ocal. TOURISM AND ECONOMIC GROWTH IN TURKEY. Ekonomik Yaklasim. 2004; 15(52-53): 131-141. doi:10.5455/ey.10503


Web Style

Julide Yildirim Ocal, Nadir Ocal. TOURISM AND ECONOMIC GROWTH IN TURKEY. http://www.ekonomikyaklasim.org/?mno=156026 [Access: May 24, 2019]. doi:10.5455/ey.10503


AMA (American Medical Association) Style

Julide Yildirim Ocal, Nadir Ocal. TOURISM AND ECONOMIC GROWTH IN TURKEY. Ekonomik Yaklasim. 2004; 15(52-53): 131-141. doi:10.5455/ey.10503



Vancouver/ICMJE Style

Julide Yildirim Ocal, Nadir Ocal. TOURISM AND ECONOMIC GROWTH IN TURKEY. Ekonomik Yaklasim. (2004), [cited May 24, 2019]; 15(52-53): 131-141. doi:10.5455/ey.10503



Harvard Style

Julide Yildirim Ocal, Nadir Ocal (2004) TOURISM AND ECONOMIC GROWTH IN TURKEY. Ekonomik Yaklasim, 15 (52-53), 131-141. doi:10.5455/ey.10503



Turabian Style

Julide Yildirim Ocal, Nadir Ocal. 2004. TOURISM AND ECONOMIC GROWTH IN TURKEY. Ekonomik Yaklasim, 15 (52-53), 131-141. doi:10.5455/ey.10503



Chicago Style

Julide Yildirim Ocal, Nadir Ocal. "TOURISM AND ECONOMIC GROWTH IN TURKEY." Ekonomik Yaklasim 15 (2004), 131-141. doi:10.5455/ey.10503



MLA (The Modern Language Association) Style

Julide Yildirim Ocal, Nadir Ocal. "TOURISM AND ECONOMIC GROWTH IN TURKEY." Ekonomik Yaklasim 15.52-53 (2004), 131-141. Print. doi:10.5455/ey.10503



APA (American Psychological Association) Style

Julide Yildirim Ocal, Nadir Ocal (2004) TOURISM AND ECONOMIC GROWTH IN TURKEY. Ekonomik Yaklasim, 15 (52-53), 131-141. doi:10.5455/ey.10503