The effects of shocks on Turkish tourism demand: Evidence using panel unit root test

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Tarih

2021

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Sage Publications Ltd

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This empirical study examines the stationarity of tourism demand in Turkey in response to the effects of structural breaks, which indicate external or internal shocks based on tourist arrivals from 12 Slavic-speaking countries between 2000 and 2016. We employed a panel unit root test based on the Flexible Fourier approach, which Karul enhanced to allow gradual shifts and a smooth transition process; structural break dates come from the Carrion-i-Silvestre unit root test framework. The empirical findings indicate that there are differences in the effects of these structural breaks across the 12 countries in question.

Açıklama

Anahtar Kelimeler

Flexible Fourier approach, news shocks, Slavic countries, structural breaks, tourism demand, Turkey, unit root test

Kaynak

Tourism Economics

WoS Q Değeri

Q1

Scopus Q Değeri

Q1

Cilt

27

Sayı

4

Künye