THE IMPACT OF TOURISM DEMAND ON REGIONAL INFLATION IN TURKEY

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dc.authoridKIRCA, MUSTAFA/0000-0002-5630-7525
dc.contributor.authorKirca, Mustafa
dc.contributor.authorOzer, Mustafa
dc.date.accessioned2021-12-01T18:47:55Z
dc.date.available2021-12-01T18:47:55Z
dc.date.issued2020
dc.department[Belirlenecek]en_US
dc.description.abstractThe main purpose of this study is to examine the effects of total tourism demand as well as the effects of both foreign and domestic tourism demand (measured by overnight stays) on regional inflation in Turkey based on the Nomenclature of Territorial Units for Statistics regions classified by Turkish Statistical Institute. To obtain the region-specific effects of tourism demand on inflation, we used the Random Coefficient Regression developed by Swamy by using the annual panel data over the period between 2004 and 2013. Before estimating Swamy Random Coefficients Regressions, we first tested the existence of cross-sectional dependence among the regions of Turkey. And then, based on the results of these tests, we examined the stationarity properties of variables by using second-generation panel unit root tests. The results of the study indicate that there are significant differences in regional effects of different forms of overnight stays on regional inflation. Also, the results show that the contribution of domestic overnight stays to overall and regional inflation is greater than that of foreign overnight stays. Thus, the findings of the study have significant importance in Turkey for designing tourism, industrialization, and monetary policies, particularly aiming to reduce the inflation by adopting inflation targeting regime.en_US
dc.description.sponsorshipAnadolu University Scientific Research Projects - BAP [1506E488]en_US
dc.description.sponsorshipThis article is derived from the PhD thesis which is written under the supervision of Prof. Dr. Mustafa Ozer by Mustafa Kirca in Anadolu University, Eskisehir, Turkey, supported by Anadolu University Scientific Research Projects - BAP (Project No: 1506E488). The thesis is available online in Turkish at http://libra.anadolu.edu.tr/tezler/2017/434757.pdfen_US
dc.identifier.doi10.2298/IJGI2003241K
dc.identifier.endpage254en_US
dc.identifier.issn0350-7599
dc.identifier.issn1821-2808
dc.identifier.issue3en_US
dc.identifier.scopus2-s2.0-85098228725en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage241en_US
dc.identifier.urihttps://doi.org/10.2298/IJGI2003241K
dc.identifier.urihttps://hdl.handle.net/20.500.12684/10411
dc.identifier.volume70en_US
dc.identifier.wosWOS:000607062100005en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherGeografski Inst Jovan Cvijic Sasaen_US
dc.relation.ispartofJournal Of The Geographical Institute Jovan Cvijic Sasaen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectTurkeyen_US
dc.subjecttourism demanden_US
dc.subjectinflationen_US
dc.subjectrandom coefficient regressionen_US
dc.subjectcross-sectional dependenceen_US
dc.subjectLagrange Multiplier Testen_US
dc.titleTHE IMPACT OF TOURISM DEMAND ON REGIONAL INFLATION IN TURKEYen_US
dc.typeArticleen_US

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