International Conference on Eurasian Economies
10-12 July 2017 – Istanbul, TURKEY
Paper detail
Paper ID : 1859
Status : Paper published
Language : Turkish
Topic : Sectoral Analyses
Presenter: Asst. Prof. Dr. Ömer Doru
Session : 4C Sektörel Analizler
Socio-Economic Determinants of International Tourism Demand for Turkey: Panel Data Analysis
Türkiye’ye Yönelik Uluslararası Turizm Talebinin Sosyo-Ekonomik Belirleyicileri: Panel Veri Analiz
- Asst. Prof. Dr. Ş. Mustafa Ersungur (Atatürk University, Türkiye)
- Asst. Prof. Dr. Ömer Doru (Şırnak University, Türkiye)
- Asst. Prof. Dr. Mehmet Barış Aslan (Bingöl University, Türkiye)
Abstract
Tourism is one of the main sectors that is rapidly growing across the world, especially for developing countries that yields considerable foreign exchange. In this sense, tourism has become a significant factor in the development processes that have been introduced in order to bring especially developing countries which have begun to develop aftermath of World War II closer to developed countries. Tourism is an important source of development for Turkey which has a high tourism potential. The aim of this study is to investigate the determinants of international tourism demand for Turkey with panel data method. Within this aim, the factors which affect movements of tourism have been tried to determine by using socio-economic data of 22 countries which generate the largest number of tourist from 2000 to 2014. The number of tourists from each selected country which come Turkey has been used as dependent variable in the study. As the independent variables; income levels and relative price levels of tourist sending countries, exchange rate variable between the two countries, political stability variable of tourist sending country and tourism expenditures per capita have included in the study. Within using panel data method, the findings of the study show that all the variables have received the expected sign. Therefore, these findings have indicated that they are effective on the tourism demand.
JEL codes: A12, Z00, L83
Ersungur, Ş. Mustafa, Doru, Ömer, Aslan, Mehmet Barış (2017). "Socio-Economic Determinants of International Tourism Demand for Turkey: Panel Data Analysis" in Proceedings of International Conference of Eurasian Economies 2017, pp.433-441, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C08.01859
Session 4C: Sektörel Analizler
