Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism Sector
Tourism is a crucial source of foreign income for many developed and developing countries and is a sector required for development. Turkey is a competitive country in the tourism sector because of its strategic geopolitical location. Therefore, Turkey has become one of the top destinations for inter...
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| Format: | Article |
| Language: | English |
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Istanbul University Press
2024-12-01
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| Series: | Journal of Tourismology |
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| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/1221693D0B2041AC814AD6973ACE6785 |
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| _version_ | 1850187954294620160 |
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| author | Yağmur Yavuz Sevcan Çağlayan Mehmet Erkan |
| author_facet | Yağmur Yavuz Sevcan Çağlayan Mehmet Erkan |
| author_sort | Yağmur Yavuz |
| collection | DOAJ |
| description | Tourism is a crucial source of foreign income for many developed and developing countries and is a sector required for development. Turkey is a competitive country in the tourism sector because of its strategic geopolitical location. Therefore, Turkey has become one of the top destinations for international tourist arrivals and tourism revenues. In this context, international arrivals and tourism revenues are critical to a country’s economic activities and competitiveness. This study tests Turkey’s convergence hypothesis with OECD countries by using tourism revenues and the number of international arrival data. The linearity tests of Harvey and Leybourne (2007) and Harvey et al. (2008), as well as Fourier-Kruse (2019), and a new unit root test developed as an extension of the test, are used. The results demonstrate that the convergence hypothesis is not valid. This result supports the statistics that Turkey has a more competitive advantage in the tourism sector than selected OECD countries and is a top international destination for tourism. |
| format | Article |
| id | doaj-art-3f7e59df656c43888f715fe8efead1a4 |
| institution | OA Journals |
| issn | 2459-1939 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Istanbul University Press |
| record_format | Article |
| series | Journal of Tourismology |
| spelling | doaj-art-3f7e59df656c43888f715fe8efead1a42025-08-20T02:15:59ZengIstanbul University PressJournal of Tourismology2459-19392024-12-0110210812010.26650/jot.2024.10.2.1480684123456Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism SectorYağmur Yavuz0https://orcid.org/0000-0001-9497-5172Sevcan Çağlayan1https://orcid.org/0000-0001-6256-7035Mehmet Erkan2https://orcid.org/0000-0001-7647-4534İstanbul Gedik Üniversitesi, Istanbul, Turkiyeİstanbul Gedik Üniversitesi, Istanbul, Turkiyeİstanbul Gedik Üniversitesi, Istanbul, TurkiyeTourism is a crucial source of foreign income for many developed and developing countries and is a sector required for development. Turkey is a competitive country in the tourism sector because of its strategic geopolitical location. Therefore, Turkey has become one of the top destinations for international tourist arrivals and tourism revenues. In this context, international arrivals and tourism revenues are critical to a country’s economic activities and competitiveness. This study tests Turkey’s convergence hypothesis with OECD countries by using tourism revenues and the number of international arrival data. The linearity tests of Harvey and Leybourne (2007) and Harvey et al. (2008), as well as Fourier-Kruse (2019), and a new unit root test developed as an extension of the test, are used. The results demonstrate that the convergence hypothesis is not valid. This result supports the statistics that Turkey has a more competitive advantage in the tourism sector than selected OECD countries and is a top international destination for tourism.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/1221693D0B2041AC814AD6973ACE6785tourismlinearity testunit root testconvergence hypothesisfourier |
| spellingShingle | Yağmur Yavuz Sevcan Çağlayan Mehmet Erkan Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism Sector Journal of Tourismology tourism linearity test unit root test convergence hypothesis fourier |
| title | Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism Sector |
| title_full | Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism Sector |
| title_fullStr | Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism Sector |
| title_full_unstemmed | Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism Sector |
| title_short | Turkey’s Convergence Analysis of Selected OECD Countries in the Tourism Sector |
| title_sort | turkey s convergence analysis of selected oecd countries in the tourism sector |
| topic | tourism linearity test unit root test convergence hypothesis fourier |
| url | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/1221693D0B2041AC814AD6973ACE6785 |
| work_keys_str_mv | AT yagmuryavuz turkeysconvergenceanalysisofselectedoecdcountriesinthetourismsector AT sevcancaglayan turkeysconvergenceanalysisofselectedoecdcountriesinthetourismsector AT mehmeterkan turkeysconvergenceanalysisofselectedoecdcountriesinthetourismsector |