Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the Economy

In this study, the effect of the number of tourists experiencing hot air balloon rides in Cappadocia on Turkey's international tourism incomes was examined using ARDL bounds test and Granger causality test. The dataset includes 60 observations on a monthly basis between 2015 and 2019. In the st...

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Main Author: Eyup Atioğlu
Format: Article
Language:English
Published: Sivas Cumhuriyet Üniversitesi 2021-11-01
Series:Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi
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Online Access:https://dergipark.org.tr/tr/download/article-file/1930736
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author Eyup Atioğlu
author_facet Eyup Atioğlu
author_sort Eyup Atioğlu
collection DOAJ
description In this study, the effect of the number of tourists experiencing hot air balloon rides in Cappadocia on Turkey's international tourism incomes was examined using ARDL bounds test and Granger causality test. The dataset includes 60 observations on a monthly basis between 2015 and 2019. In the study, a cointegration relationship, which expresses a long-term balance between the number of tourists experiencing a hot air balloon ride in Cappadocia and Turkey's international tourism incomes, has been determined. According to the findings of the study, it has been determined that the number of tourists experiencing hot air balloon rides in Cappadocia has a significant positive effect on Turkey's international tourism incomes in both the long and short term. In addition, according to the Granger causality test, a bidirectional causality relationship was determined between the number of tourists experiencing hot air balloon rides in Cappadocia and Turkey's international tourism incomes.
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institution Kabale University
issn 1303-1279
language English
publishDate 2021-11-01
publisher Sivas Cumhuriyet Üniversitesi
record_format Article
series Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi
spelling doaj-art-d1df4099ee614f3c8fdf659120c2b0ea2025-02-02T14:34:01ZengSivas Cumhuriyet ÜniversitesiCumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi1303-12792021-11-0122237839310.37880/cumuiibf.9841882057Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the EconomyEyup Atioğlu0https://orcid.org/0000-0001-9460-4822KAPADOKYA ÜNİVERSİTESİIn this study, the effect of the number of tourists experiencing hot air balloon rides in Cappadocia on Turkey's international tourism incomes was examined using ARDL bounds test and Granger causality test. The dataset includes 60 observations on a monthly basis between 2015 and 2019. In the study, a cointegration relationship, which expresses a long-term balance between the number of tourists experiencing a hot air balloon ride in Cappadocia and Turkey's international tourism incomes, has been determined. According to the findings of the study, it has been determined that the number of tourists experiencing hot air balloon rides in Cappadocia has a significant positive effect on Turkey's international tourism incomes in both the long and short term. In addition, according to the Granger causality test, a bidirectional causality relationship was determined between the number of tourists experiencing hot air balloon rides in Cappadocia and Turkey's international tourism incomes.https://dergipark.org.tr/tr/download/article-file/1930736sıcak hava balonu turuuluslararası turizm geliriardl yaklaşımıhot air balloon rideinternational tourism incomeardl approach
spellingShingle Eyup Atioğlu
Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the Economy
Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi
sıcak hava balonu turu
uluslararası turizm geliri
ardl yaklaşımı
hot air balloon ride
international tourism income
ardl approach
title Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the Economy
title_full Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the Economy
title_fullStr Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the Economy
title_full_unstemmed Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the Economy
title_short Hot Air Balloon Rides in Cappadocia: A Business Model to Stimulate the Economy
title_sort hot air balloon rides in cappadocia a business model to stimulate the economy
topic sıcak hava balonu turu
uluslararası turizm geliri
ardl yaklaşımı
hot air balloon ride
international tourism income
ardl approach
url https://dergipark.org.tr/tr/download/article-file/1930736
work_keys_str_mv AT eyupatioglu hotairballoonridesincappadociaabusinessmodeltostimulatetheeconomy