The USA’s international travel demand and economic growth in turkey : a causality analysis: (1990 – 2008)
Part of : Tourismos : an international multidiciplinary journal of tourism ; Vol.7, No.1, 2012, pages 235-251
Issue:
Pages:
235-251
Section Title:
Research papers
Author:
Abstract:
This paper investigates the relationship between the USA international travel demand and Turkey’s economic growth over the period 1990-2008. A vector error correction model is employed to test for Granger causality in the presence of co integration between variables. In this study, the impact of the USA international traveler in the Turkish tourism sector is investigated and evaluated by using ADF test, Co-integration approach, and Granger Causality test. The empirical findings indicate a long-run equilibrium relationship and a further uni-directional causality between the two variables.
Subject (LC):
Keywords:
international travel demand, economic growth, ADF, co-integration, causality
Notes:
Περιέχει σχήματα, πίνακες και βιβλιογραφία
References (1):
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