The causality relation between tourism income and economic growth in Turkey

Tugba Ã-zisik ()
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Tugba Ã-zisik: Istanbul Culturer University / Turkiye

JOURNAL OF LIFE ECONOMICS, 2023, vol. 10, issue 1, 37-46

Abstract: Tourism sector plays an important role both for developed countries by balancing the economy and for developing countries by fostering economic growth and development. Gaining momentum actively since 1980, tourism in Turkey has been a significant sector thanks to its positive effects not only on macro-economic variables, but also on growth and development. This study carries out a literature review as to the effects of tourism income on Turkish economy. After that, it tests the relation between economic growth and tourism income through causality analysis,based on the data from 1980 to 2022. As a result, the study finds that tourism has significant effects on economicgrowth.

Keywords: Tourism Income; Economic Growth; Causality (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:jle:journl:jlecon1992

DOI: 10.15637/jlecon.1992

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