THE EFFECT ON CURRENT ACCOUNT BALANCE OF TOURİSM REVENUES IN TURKEY:2000-2015 PERİOD AN EMPIRICAL STUDY
TÜRKİYE’DE TURİZM GELİRLERİNİN CARİ İŞLEMLER DENGESİ ÜZERİNDEKİ ETKİSİ:2000-2015 DÖNEMİNE İLİŞKİN AMPİRİK ÇALIŞMA

Author : Fatma EBAN -- Yusuf BOZGEYİK
Number of pages : 966-978

Abstract

Tourism revenues have a great importance an closing the current account deficit and foreign trade deficit which cause payments balance deficit in Turkey. Although tourism revenues declined in 2016, it continues to be an important item.In this study the effect of tourism revenues an current account balance in Turkey was investigatedby using the three monthly data sets for the period of 2001:1 and 2015:4.In this research Toda Yamamoto (1995) and Hacher –J Hatemi (2006) tests were used to determine the correlation between variables. According to the results of the study there is a b-directional causality relationship between the variables of tourism revenues and the current account balance.

Keywords

Tourism Revenues, Current Account Balance, Payments Balance Deficit

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