 CORPORATE AGILITY: THE IMPACT OF INFLATION ON TOURISM REVENUES IN THE TURKISH ECONOMYMine Genç
Ekonomi Maliye Isletme Dergisi, 2025, vol. 8, issue 2, 125-137 Abstract: Tourism sector is one of the sectors that interacts with economic factors like GDP, export, import, exchange rate in economic and social life. Inflation is the most significant economic factor because of the fact that which affects sustainability of financial management of most of the sectors in terms of increase the prices of goods and services. The aim of the research is to examine the effect of inflation on tourism revenues in the conjuncture where inflation volatility increases. Vector Autoregressive Model (VAR) method has been used because both series are stationary at level. Impulse-response function shocks for series affect positively both first month and fade in effects in the remaining months. Variance decomposition shows that total change in tourism revenue is explained in the first 10 months by itself and also %73 change in inflation in the first 10 month is explained by itself and 27% is explained by tourism revenues. Also, there is one-way causality from inflation to tourism revenues according to the VAR short term analysis. Keywords: Tourism Revenue; Inflation; Türkiye (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:gnx:emid43:2025-8-2-1586371 Access Statistics for this article More articles in Ekonomi Maliye Isletme Dergisi from Adil AKINCI |
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