The spillover effects of tourism receipts, political risk, real exchange rate, and trade indicators in Turkey

被引：45

作者：

Alola, Uju Violet ^{[1
]}

Cop, Serdar ^{[1
]}

Alola, Andrew Adewale ^{[2
]}

机构：

[1] Istanbul Gelisim Univ, Dept Tourism Guidance, Istanbul, Turkey

[2] Istanbul Gelisim Univ, Fac Econ Adm & Social Sci, Istanbul, Turkey

来源：

INTERNATIONAL JOURNAL OF TOURISM RESEARCH | 2019年 / 21卷 / 06期

关键词：

geopolitical risk; real exchange rate; Republic of Turkey; spillover effect; tourism receipts; trade; uncertainty; ECONOMIC-POLICY UNCERTAINTY; INTERNATIONAL TOURISM; DEMAND; VOLATILITY; IMPACT; GOVERNANCE; VIOLENCE; RETURN;

D O I：

10.1002/jtr.2307

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In examining the spillover effects of tourism receipts and the uncertainty-induced factors in Turkey, this study examines the spillover effects of tourism receipts and related sources of uncertainties from trade- and political-related factors. Using the novelty of Diebold and Yilmaz "Better to give than to receive: Predictive directional measurement of volatility spillovers" approach, the study reveals that tourism receipts have a net spillover of 4.1%, thus indicating that the country's tourism industry received a significant shock. Spillover effects from other variables are observed, thus suggesting a hedging policy mechanism for the country's tourism sector.

引用

页码：813 / 823

页数：11

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