Does the Value of Currency Affect the Numbers of International InboundTourists to Turkey?

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dc.contributor.authorAkdeniz, Coşkun
dc.contributor.authorEti, Hasan Selçuk
dc.contributor.authorGaberli, Ümit
dc.date.accessioned2023-04-20T08:06:00Z
dc.date.available2023-04-20T08:06:00Z
dc.date.issued2021
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü
dc.description.abstractThis 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.
dc.identifier.endpage1163
dc.identifier.issn1305-970X
dc.identifier.issue63en_US
dc.identifier.startpage1150
dc.identifier.trdizinid464799
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/464799
dc.identifier.urihttps://hdl.handle.net/20.500.11776/11172
dc.identifier.volume16
dc.indekslendigikaynakTR-Dizin
dc.institutionauthorAkdeniz, Coşkun
dc.institutionauthorEti, Hasan Selçuk
dc.language.isoen
dc.relation.ispartofJournal of Yasar University
dc.relation.publicationcategoryDiğeren_US
dc.rightsinfo:eu-repo/semantics/openAccess
dc.titleDoes the Value of Currency Affect the Numbers of International InboundTourists to Turkey?
dc.typeOther

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