EconPapers    
Economics at your fingertips  
 

The Structure of Tourism Revenues in Turkey: Evidence from Fractional Integration under Multiple Structural Breaks

Burcu Kiran

Economic Studies journal, 2010, issue 4, 85-96

Abstract: This paper investigates time series properties of the tourism revenues in Turkey over the period from 1997:01 through 2010:03. First, we determine the integration order by using different versions of Robinson tests. Second, we test if the tourism revenues show any structural changes over the sample period under consideration by using Bai and Perron multiple structural break tests. The results show that the tourism revenues follow a non-stationary long memory process when we ignore potential structural breaks. When we take structural breaks into consideration and adjust data for the breaks, we still find some evidence of non-stationary long memory behavior in tourism revenues. These results imply that shocks to tourism revenues in Turkey have a permanent effect.

JEL-codes: C22 E0 (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.ceeol.com/aspx/issuedetails.aspx?issuei ... e3-93d8-6ea94ce0e73f
Fee access

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2010:i:4:p:85-96

Access Statistics for this article

More articles in Economic Studies journal from Bulgarian Academy of Sciences - Economic Research Institute Contact information at EDIRC.
Series data maintained by Diana Dimitrova ().

 
Page updated 2017-09-29
Handle: RePEc:bas:econst:y:2010:i:4:p:85-96