International Conference on Eurasian Economies
17-18 September 2013 – St. Petersburg, RUSSIA
Paper detail
Paper ID : 618
Status : Paper published
Language : English
Topic : Sectoral Analyses
Presenter: Prof. Dr. Ekrem Erdem
Session : 3A Tourism
Investigating Existence of Tourism-Led Growth Hypothesis in Cental Asian Republics: A Bootstrap Panel Causality Analysis
Investigating Existence of Tourism-Led Growth Hypothesis in Cental Asian Republics: A Bootstrap Panel Causality Analysis
- Prof. Dr. Ekrem Erdem (Erciyes University, Türkiye)
- Assoc. Prof. Dr. Can Tansel Tuğcu (Akdeniz University, Türkiye)
Abstract
The contribution of tourism to economic growth can be analyzed under the hypothesis of tourism-led growth. In this sense, this study aims at investigating the existence of the tourism-led growth hypothesis in the Turkic republics for the period 1995-2011. To this end, a bootstrap panel Granger causality analysis which was recently developed by Konya (2006) was employed. Results showed that, in a panel context, the tourism-led growth hypothesis is valid for the Turkic republics. However, the validity of this hypothesis is country specific.
JEL codes: O40, L83
Erdem, Ekrem, Tuğcu, Can Tansel (2013). "Investigating Existence of Tourism-Led Growth Hypothesis in Cental Asian Republics: A Bootstrap Panel Causality Analysis" in Proceedings of International Conference of Eurasian Economies 2013, pp.79-82, St. Petersburg, RUSSIA.
DOI: https://doi.org/10.36880/C04.00618
