A Research on Econometric Analysis of Tourism Sector, Economic Growth and Unemployment Indicators in Turkey

  • Bahman HUSEYNLI Azerbaijan State University of Economics (UNEC), Azerbaijan and Marmara University, Turkey

Abstract

In this study on Turkey, which is one of the most developed countries in the tourism sector, the relationship between economic growth and tourism revenues in Turkey has been analysed over a 16-year period starting from 2005. It has been tried to reveal how the tourism sector, which has an important dimension in Turkey, also affects the unemployment levels with the help of analysis. In the study conducted by multiple regression, a series of assumption tests were applied before the regression analysis. After applying tests such as VIF, Breusch-Godfrey Serial Correlation LM and obtaining valid values, the transition to the multiple regression model was made. The information required for the analysis was obtained from the World Bank, one of the most important data disclosure platforms. According to the results of the applied multiple regression model, the model gave significant results. As a result of the study, the hypotheses were supported and it was determined that tourism revenues are an important factor in economic growth in Turkey, which is indeed a tourism dependent country. At the same time, it has been found that the tourism sector has an important share in eliminating unemployment problems in the country.


 

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Published
2022-09-30
How to Cite
HUSEYNLI, Bahman. A Research on Econometric Analysis of Tourism Sector, Economic Growth and Unemployment Indicators in Turkey. Journal of Environmental Management and Tourism, [S.l.], v. 13, n. 6, p. 1629-1636, sep. 2022. ISSN 2068-7729. Available at: <https://journals.aserspublishing.eu/jemt/article/view/7275>. Date accessed: 05 dec. 2022.