Original scientific paper

THE IMPACT OF EXTERNAL SHOCKS ON TOURISM SECTOR: THE CASE OF TURKEY

Murat Karagoz ; Faculty of Economics and Administrative Sciences, Inonu University, Malatya, Turkey
Ali Sen ; Faculty of Economics and Administrative Sciences, Inonu University, Malatya, Turkey
Ali Kocyigit ; Faculty of Economics and Administrative Sciences, Inonu University, Malatya, Turkey

Abstract

The objective of this study is to assess the temporal impacts on Turkey's tourist arrivals. An econometric strategy is selected to determine the existence of unit roots in data series containing
the quarterly number of tourist arrivals between 1993:1 and 2005:3. The present study finds that the data series contain deterministic trend and seasonal components together with detected structural
changes. Hence any form of exogenous shocks, will not have permanent impact on Turkey's tourist arrivals.

Keywords

Temporal Effects; Turkey; Tourism Industry; Unit Root

Hrčak ID:

76304

URI

https://hrcak.srce.hr/76304

Publication date:

1.6.2007.

Article data in other languages: croatian

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