The relation between current account deficit and tourism: The case of Turkey

AYKAÇ ALP E., Genc E. G.

International Journal of Economics and Financial Issues, cilt.5, sa.2, ss.448-453, 2015 (Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 5 Sayı: 2
  • Basım Tarihi: 2015
  • Dergi Adı: International Journal of Economics and Financial Issues
  • Derginin Tarandığı İndeksler: Scopus
  • Sayfa Sayıları: ss.448-453
  • Anahtar Kelimeler: Service industry, The current account balance, Threshold autoregressive vector error correction models, Tourism industry
  • İstanbul Ticaret Üniversitesi Adresli: Evet

Özet

In this study the effects of service’s balance, tourism balance and current account deficit are studied. In the countries with a relatively small share in the current account of the tourism industry, the analysis related to tourism and foreign trade has biased results. For this reason, this study examines how the tourism industry affects the service industry and by this means how it affects the current account balance. The second important issue is that linear time series methods are inadequate because of the nature of the structure of the variables.