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...

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Main Authors: Elçin Aykaç Alp, Elif GUNEREN GENC
Format: Article
Language:English
Published: EconJournals 2015-06-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31969/352143?publisher=http-www-cag-edu-tr-ilhan-ozturk
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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.
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spelling doaj.art-c49ae0eaeee34c53a85d2afa537d503c2023-02-15T16:12:03ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382015-06-01524484531032The 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.https://dergipark.org.tr/tr/pub/ijefi/issue/31969/352143?publisher=http-www-cag-edu-tr-ilhan-ozturkthe current account balance service industry tourism industry threshold autoregressive vector error correction models
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
the current account balance
service industry
tourism industry
threshold autoregressive vector error correction models
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
topic the current account balance
service industry
tourism industry
threshold autoregressive vector error correction models
url https://dergipark.org.tr/tr/pub/ijefi/issue/31969/352143?publisher=http-www-cag-edu-tr-ilhan-ozturk
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