The Relation Between Current Account Deficit and Tourism: The Case of Turkey
In this study the effects of service’s balance, tourism balance and current account deficit are studied. In the countries with a relatively small share in the current account of the tourism industry, the analysis related to tourism and foreign trade has biased results. For this reason, this study ex...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2015-04-01
|
| Series: | International Journal of Economics and Financial Issues |
| Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/1042 |
| _version_ | 1797920922532839424 |
|---|---|
| author | Elçin Aykaç Alp Elif GUNEREN GENC |
| author_facet | Elçin Aykaç Alp Elif GUNEREN GENC |
| author_sort | Elçin Aykaç Alp |
| collection | DOAJ |
| description | In this study the effects of service’s balance, tourism balance and current account deficit are studied. In the countries with a relatively small share in the current account of the tourism industry, the analysis related to tourism and foreign trade has biased results. For this reason, this study examines how the tourism industry affects the service industry and by this means how it affects the current account balance. The second important issue is that linear time series methods are inadequate because of the nature of the structure of the variables.
Keywords: The current account balance; Service industry; Tourism Industry; Threshold Autoregressive Vector Error Correction Models
JEL Classifications: C52; F32; L83
|
| first_indexed | 2024-04-10T14:08:35Z |
| format | Article |
| id | doaj.art-3f90e1461a0d4c4dbc35f8c2ba463e8b |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T14:08:35Z |
| publishDate | 2015-04-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-3f90e1461a0d4c4dbc35f8c2ba463e8b2023-02-15T16:09:50ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382015-04-0152The Relation Between Current Account Deficit and Tourism: The Case of TurkeyElçin Aykaç AlpElif GUNEREN GENCIn this study the effects of service’s balance, tourism balance and current account deficit are studied. In the countries with a relatively small share in the current account of the tourism industry, the analysis related to tourism and foreign trade has biased results. For this reason, this study examines how the tourism industry affects the service industry and by this means how it affects the current account balance. The second important issue is that linear time series methods are inadequate because of the nature of the structure of the variables. Keywords: The current account balance; Service industry; Tourism Industry; Threshold Autoregressive Vector Error Correction Models JEL Classifications: C52; F32; L83 http://mail.econjournals.com/index.php/ijefi/article/view/1042 |
| spellingShingle | Elçin Aykaç Alp Elif GUNEREN GENC The Relation Between Current Account Deficit and Tourism: The Case of Turkey International Journal of Economics and Financial Issues |
| title | The Relation Between Current Account Deficit and Tourism: The Case of Turkey |
| title_full | The Relation Between Current Account Deficit and Tourism: The Case of Turkey |
| title_fullStr | The Relation Between Current Account Deficit and Tourism: The Case of Turkey |
| title_full_unstemmed | The Relation Between Current Account Deficit and Tourism: The Case of Turkey |
| title_short | The Relation Between Current Account Deficit and Tourism: The Case of Turkey |
| title_sort | relation between current account deficit and tourism the case of turkey |
| url | http://mail.econjournals.com/index.php/ijefi/article/view/1042 |
| work_keys_str_mv | AT elcinaykacalp therelationbetweencurrentaccountdeficitandtourismthecaseofturkey AT elifgunerengenc therelationbetweencurrentaccountdeficitandtourismthecaseofturkey AT elcinaykacalp relationbetweencurrentaccountdeficitandtourismthecaseofturkey AT elifgunerengenc relationbetweencurrentaccountdeficitandtourismthecaseofturkey |