%0 Journal Article
%T The Impact of Tourism on Economic Performance: The Case of Turkey
%A Muhittin Kaplan
%A Tuncay Celik
%J The International Journal of Applied Economics and Finance
%D 2008
%I Asian Network for Scientific Information
%X This study examines the relationship between tourism expansion and economic performance in Turkey over the period of 1963-2006. Empirical analysis carried out employing the VAR procedure indicates the presence of one cointegrating vector among real output, real tourism receipts and real effective exchange rate and tourism has a long-run effect on output. In addition, test results show the presence of one-directional causality indicating that tourism and exchange rate causes output.
%K Granger causality
%K economic performance
%K Tourism expansion
%K cointegration
%K Turkey
%U http://docsdrive.com/pdfs/ansinet/ijaef/2008/13-18.pdf