Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?
Yıl: 2021 Cilt: 16 Sayı: 63 Sayfa Aralığı: 1150 - 1163 Metin Dili: İngilizce İndeks Tarihi: 30-11-2021
Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?
Öz: This study examined the effect of the value of the currency on international inbound tourist numbers toTurkey from Germany and Russia, which are the top two tourist generating countries for Turkey. Two differentTurkish Lira regimes are investigated with Threshold Vector Autoregressive (Threshold-VAR) models, using thereal broad effective exchange rate for Turkey as a threshold variable. The endogenous variables vectors are themacroeconomic variables of the tourist origin countries: the real broad effective exchange rate, consumer priceindex ratio (proxying for the price level), and total industry production (proxying for income level) for Germanyand Russia. Because of data constraints, the estimated Threshold-VAR models for Germany and Russia covereddifferent periods in 1997:01-2020:05 and 2000:01-2020:05, respectively. The key finding for both policymakersand tourism researchers is that when travels become cheaper in the Turkish Lira, this does not always attractmore foreign tourists to Turkey.
Anahtar Kelime: Paranin Değeri Türkiye’ye Gelen Uluslararasi Turist Sayilarini Etkiliyor Mu?
Öz: Bu çalışmada, Türkiye’ye en çok turist gönderen ilk iki ülke olan Almanya ve Rusya'nın yerel para birimlerinindeğerindeki değişimin bu ülkelerden Türkiye’ye gelen turist sayıları üzerindeki etkisi incelenmiştir. Bu etki,Türkiye'nin reel efektif döviz kurunun eşik değişken olarak kullanıldığı Eşik Vektör Otoregresif (Eşik-VAR) modeliile iki farklı Türk Lirası rejimi altında incelenmiştir. İçsel değişkenlerin vektörleri, turist menşeli ülkelerinmakroekonomik değişkenlerinden oluşmaktadır: Almanya ve Rusya için reel efektif döviz kuru, tüketici fiyatendeksi oranı (fiyat düzeyini temsilen) ve toplam sanayi üretimi (gelir düzeyini temsilen). Almanya ve Rusya içintahmin edilen eşik modelleri, veri kısıtı nedeniyle sırasıyla 1997:01-2020:05 ve 2000:01-2020:05 dönemlerinikapsamaktadır. Hem politika yapıcılar hem de turizm araştırmacıları için temel bulgu, seyahatler Türk Lirasıaçısından ucuzladığında, bunun her zaman Türkiye'ye daha fazla yabancı turist çekmemesidir
Anahtar Kelime: Belge Türü: Makale Makale Türü: Diğer Erişim Türü: Erişime Açık
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| APA | Gaberli U, Akdeniz C, Eti H (2021). Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. , 1150 - 1163. |
| Chicago | Gaberli Umit,Akdeniz Coskun,Eti Hasan Selçuk Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. (2021): 1150 - 1163. |
| MLA | Gaberli Umit,Akdeniz Coskun,Eti Hasan Selçuk Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. , 2021, ss.1150 - 1163. |
| AMA | Gaberli U,Akdeniz C,Eti H Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. . 2021; 1150 - 1163. |
| Vancouver | Gaberli U,Akdeniz C,Eti H Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. . 2021; 1150 - 1163. |
| IEEE | Gaberli U,Akdeniz C,Eti H "Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?." , ss.1150 - 1163, 2021. |
| ISNAD | Gaberli, Umit vd. "Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?". (2021), 1150-1163. |
| APA | Gaberli U, Akdeniz C, Eti H (2021). Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. Journal of Yasar University, 16(63), 1150 - 1163. |
| Chicago | Gaberli Umit,Akdeniz Coskun,Eti Hasan Selçuk Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. Journal of Yasar University 16, no.63 (2021): 1150 - 1163. |
| MLA | Gaberli Umit,Akdeniz Coskun,Eti Hasan Selçuk Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. Journal of Yasar University, vol.16, no.63, 2021, ss.1150 - 1163. |
| AMA | Gaberli U,Akdeniz C,Eti H Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. Journal of Yasar University. 2021; 16(63): 1150 - 1163. |
| Vancouver | Gaberli U,Akdeniz C,Eti H Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?. Journal of Yasar University. 2021; 16(63): 1150 - 1163. |
| IEEE | Gaberli U,Akdeniz C,Eti H "Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?." Journal of Yasar University, 16, ss.1150 - 1163, 2021. |
| ISNAD | Gaberli, Umit vd. "Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?". Journal of Yasar University 16/63 (2021), 1150-1163. |
