The Relationship Between Tourism Income and Financial Development in The Mena Countries

Yenişehirlioğlu, Emirhan; bayat, tayfur

The Relationship Between Tourism Income and Financial Development in The Mena Countries

Emirhan YENİŞEHİRLİOĞLU, (Alanya Alaaddin Keykubat University, Department of Gastronomy and Clunary Arts, Antalya, Turkey)

Tayfur BAYAT (İnönü University, Department of Economy, Malatya, Turkey)

İşletme Araştırmaları Dergisi

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Yıl: 2019 Cilt: 11 Sayı: 2 Sayfa Aralığı: 1183 - 1190 Metin Dili: İngilizce İndeks Tarihi: 12-11-2019

The Relationship Between Tourism Income and Financial Development in The Mena Countries

Öz:

Purpose – The purpose of this study is to determine the causality between financial development and tourism income for the MENA economies between year 1995 and 2016.Design/Methodology/Approach – To do this, we employ Dimitrescu and Hurlin (2012) panel causality test depending on rolling window regression and Emirmahmutoğlu and Köse’s (2011) panel causality test.Findings – In this analysis for Algeria, Bahrain, Egypt, Arab Rep., Iran, Islamic Rep., Israel, Jordan, Kuwait, Morocco, Sudan, Tunisia and Turkish economies the relationship between financial development and tourism income calculated by the IMF for the period of 1995-2016. Panel data analysis is employed in order to test the hypothesis. In the empirical analysis, it was concluded that the countries that formed the panel affected each other socially and economically.Discussion – According to the results of empirical analysis, when the relationship between financial development and tourism income is examined for each country forming the panel, it was found that the supply - driven approach in Jordan and Tunisia on the other hand in Morocco and Sudan demand driven approach is valid. On the other hand for the frequency domain test it is offered that the neutrality approach was valid in 2009 and 2016 and demand driven approach is valid in 2005-2013 (except 2009).

Anahtar Kelime:

Konular: İşletme İktisat

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	Yenişehirlioğlu E, bayat t (2019). The Relationship Between Tourism Income and Financial Development in The Mena Countries. , 1183 - 1190.
Chicago	Yenişehirlioğlu Emirhan,bayat tayfur The Relationship Between Tourism Income and Financial Development in The Mena Countries. (2019): 1183 - 1190.
MLA	Yenişehirlioğlu Emirhan,bayat tayfur The Relationship Between Tourism Income and Financial Development in The Mena Countries. , 2019, ss.1183 - 1190.
AMA	Yenişehirlioğlu E,bayat t The Relationship Between Tourism Income and Financial Development in The Mena Countries. . 2019; 1183 - 1190.
Vancouver	Yenişehirlioğlu E,bayat t The Relationship Between Tourism Income and Financial Development in The Mena Countries. . 2019; 1183 - 1190.
IEEE	Yenişehirlioğlu E,bayat t "The Relationship Between Tourism Income and Financial Development in The Mena Countries." , ss.1183 - 1190, 2019.
ISNAD	Yenişehirlioğlu, Emirhan - bayat, tayfur. "The Relationship Between Tourism Income and Financial Development in The Mena Countries". (2019), 1183-1190.

APA	Yenişehirlioğlu E, bayat t (2019). The Relationship Between Tourism Income and Financial Development in The Mena Countries. İşletme Araştırmaları Dergisi, 11(2), 1183 - 1190.
Chicago	Yenişehirlioğlu Emirhan,bayat tayfur The Relationship Between Tourism Income and Financial Development in The Mena Countries. İşletme Araştırmaları Dergisi 11, no.2 (2019): 1183 - 1190.
MLA	Yenişehirlioğlu Emirhan,bayat tayfur The Relationship Between Tourism Income and Financial Development in The Mena Countries. İşletme Araştırmaları Dergisi, vol.11, no.2, 2019, ss.1183 - 1190.
AMA	Yenişehirlioğlu E,bayat t The Relationship Between Tourism Income and Financial Development in The Mena Countries. İşletme Araştırmaları Dergisi. 2019; 11(2): 1183 - 1190.
Vancouver	Yenişehirlioğlu E,bayat t The Relationship Between Tourism Income and Financial Development in The Mena Countries. İşletme Araştırmaları Dergisi. 2019; 11(2): 1183 - 1190.
IEEE	Yenişehirlioğlu E,bayat t "The Relationship Between Tourism Income and Financial Development in The Mena Countries." İşletme Araştırmaları Dergisi, 11, ss.1183 - 1190, 2019.
ISNAD	Yenişehirlioğlu, Emirhan - bayat, tayfur. "The Relationship Between Tourism Income and Financial Development in The Mena Countries". İşletme Araştırmaları Dergisi 11/2 (2019), 1183-1190.