Interactions between tourism and financial sector development: evidence from Turkey
(ProQuest: ... denotes non-USASCII text omitted)This article aims to examine the interactions between tourism growth and financial development in Turkey, which is a top tourist destination and has developed a well-functioning financial system over the last decade. The results confirm a long-term ass...
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| Veröffentlicht in: | The Service industries journal 2018-07, Vol.38 (9-10), p.519-542 |
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| container_end_page | 542 |
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| container_issue | 9-10 |
| container_start_page | 519 |
| container_title | The Service industries journal |
| container_volume | 38 |
| creator | Katircioglu, Setareh Katircioğlu, Salih Altinay, Mehmet |
| description | (ProQuest: ... denotes non-USASCII text omitted)This article aims to examine the interactions between tourism growth and financial development in Turkey, which is a top tourist destination and has developed a well-functioning financial system over the last decade. The results confirm a long-term association between tourism development and financial development; foreign direct investments and foreign trade also impact this interaction. According to the results, tourism expansion in Turkey is mainly influenced by financial markets. The results also reveal that in Turkey, changes in tourism volume precede changes in financial volume. Thus, the major finding of this study is that tourism development and financial development in Turkey have a long-term and reinforcing interaction. |
| doi_str_mv | 10.1080/02642069.2017.1406479 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0264-2069 |
| ispartof | The Service industries journal, 2018-07, Vol.38 (9-10), p.519-542 |
| issn | 0264-2069 1743-9507 |
| language | eng |
| recordid | cdi_proquest_journals_2030749475 |
| source | Business Source Complete |
| subjects | Economic development Economic models Foreign investment International trade Tourism |
| title | Interactions between tourism and financial sector development: evidence from Turkey |
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