An Analysis of the Tourism-Led Growth Hypothesis in Turkey at the Provincial Level: A Dynamic Panel Data Approach
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Date
2024
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Maliye Bakanligi
Abstract
This study examines the impact of tourism on economic growth in Turkey at the provincial level using data from the 2008-2020 period and dynamic panel data analysis. Analyses conducted with the Augmented Solow-Swan Model reveal that technology, labor, physical capital, and tourism positively contribute to growth, while human capital has a negative effect. The study makes a unique contribution to the literature as the first research to analyze the impact of tourism on economic growth in Turkey using the most recent provincial data and this model. The findings indicate that the tourism-led growth hypothesis is valid for Turkey.
Description
Keywords
Tourism, Economic Growth, Regional Economics, Dynamic Panel
Turkish CoHE Thesis Center URL
WoS Q
N/A
Scopus Q
N/A
Source
Maliye Dergisi
Volume
Issue
187
Start Page
1
End Page
20
