Have a personal or library account? Click to login
Outbound Tourism Demand of Turkey: A Markov Switching Vector Autoregressive Approach Cover

Outbound Tourism Demand of Turkey: A Markov Switching Vector Autoregressive Approach

Open Access
|Jan 2018

References

  1. Aslan A., Kaplan M., & Kula F. (2008). International Tourism Demand for Turkey: A Dynamic Panel Data Approach. MPRA – Munich Personal RePEc Archive, Paper No. 10601. http://mpra.ub.uni-muenchen.de/10601/.
  2. Binder, M., & Gross, M. (2013). Regime-Switching Global Vector Autoregressive Models. Working Paper Series, No 1569, August. Frankfurt, Germany: European Central Bank. https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1569.pdf.
  3. Central Bank of the Republic of Turkey. (2015). Electronic data delivery system. Retrieved 1 February, 2015 from http://evds.tcmb.gov.tr/cbt.html.
  4. Che, C. M. (2013). Panel threshold analysis of Taiwan’s outbound visitors. Economic Modelling, 33(July), 787–793. DOI: 10.1016/j.econmod.2013.06.006.10.1016/j.econmod.2013.06.006
  5. Fallahi, F., & Rodriguez, G. (2007). Using Markov-Switching Models to Identify the Link Between Unemployment and Criminality. Working Papers, no. 0701. Ottawa, Canada: University of Ottawa, Faculty of Social Sciences. https://socialsciences.uottawa.ca/economics/sites/socialsciences.uottawa.ca.economics/files/0701E.pdf.
  6. Garin-Muñoz T. (2006). Inbound international tourism to Canary Islands: A dynamic panel data model. Tourism Management, 27(2), 281–291. DOI: 10.1016/j.tourman.2004.10.002.10.1016/j.tourman.2004.10.002
  7. Garin-Muñoz T., and Montero-Martín L. F. (2007). Tourism in the Balearic Islands: A Dynamic Model for International Demand using Panel Data. Tourism Management, 28(5), 1224–1235. DOI: 10.1016/j.tourman.2006.09.024.10.1016/j.tourman.2006.09.024
  8. Hamal, K. (1998). Australian Outbound Holiday Travel Demand: Long-haul versus Short-haul. Australian Tourism and Hospitality Research Conference, Gold Coast, Queensland, Australia, 11–14 February 1998. Canberra, Australia: Bureau of Tourism Research.
  9. Harris, R., & Sollis, R. (2003). Applied Time Series Modelling and Forecasting. Chichester, England: Wiley.
  10. Kayhan, S., Bayat, T., & Koçyiğit A. (2013). Enflasyon Hedeflemesi Rejiminde Öğrenme Süreci ve Asimetri: Markov Switching Yaklaşımı (Learning Process and Asymmetry in Inflation Targeting Regime: Markov Switching Approach). İİBF Dergisi, 8(1),191-212.
  11. Kim, H., Park, J. H., Lee, S. K., & Jang, S. C. S. (2012). Do expectations of future wealth increase outbound tourism? Evidence from Korea. Tourism Management, 33(5), 1141–1147. DOI: 10.1016/j.tourman.2011.11.017.10.1016/j.tourman.2011.11.017
  12. Lee, C. C., & Chang, C. P. (2008). Tourism Development and Economic Growth: A Closer Look at Panels. Tourism Management, 29(1), 180–192. DOI: 10.1016/j.tourman.2007.02.013.10.1016/j.tourman.2007.02.013
  13. Lim, C. (2004). The Major Determinants of Korean Outbound Travel to Australia. Mathematics and Computers in Simulation, 64(3–4), 477–85. DOI: 10.1016/S0378–4754(03)00113–7.10.1016/S03784754(03)001137
  14. Maloney, W. F., & Rojas, G. V. M. (2013). How elastic are sea, sand and sun? Dynamic panel estimates of the demand for tourism. Applied Economics Letters, 12(5), 277–280. DOI: 10.1080/1350485042000338626.10.1080/1350485042000338626
  15. Mohd, T. I., & Zahid, I. (2006). Modelling Exchange Rates Using Regime Switcing Models. Sains Malaysiana, 35(2), 55–62.
  16. Naudé, E., & Saayman, A. (2005). Determinants of tourist arrivals in Africa: a panel data regression analysis. Tourism Economics, 11(3), 365–391. DOI: 10.5367/000000005774352962.10.5367/000000005774352962
  17. Özcan, C. C. (2013) Turizm Talebini Etkileyen Ekonomik Faktörlerin Ekonometrik Analizi (Econometric Analysis of Economic Factors Affecting Tourism Demand) (Doctoral dissertation). Konya, Turkey: Necmettin Erbakan University.
  18. Seetaram, N. (2010). Use of Dynamic Panel Cointegration Approach to Model International Arrivals to Australia. Journal of Travel Research, 49(4), 414–22. DOI: 10.1177/0047287509346992.10.1177/0047287509346992
  19. Song, H., Romilly, P., & Liu, X. (2000). An Empirical Study of Outbound Tourism Demand in the UK. Applied Economics, 32(5), 611–624. DOI: 10.1080/000368400322516.10.1080/000368400322516
  20. Turkish Statistical Institute. (2015). Statistical Indicators. Retrieved 1 August, 2015 from http://tuikapp.tuik.gov.tr/Gosterge/?locale=tr.
  21. Uçak, H. (2011). Türkiye’nin Yurtdışı Turizm Talebi. İktisadi ve İdari Bilimler Dergisi (Journal of Economics and Administrative Sciences), 12(2).
  22. United Nations World Tourism Organisation. (2014). Annual Report 2014. Madrid, Spain: Author.
  23. Walle, Y. M. (2010). Tourist Flows and Its Determinants in Ethiopia. Ethiopian Development Research Institute EDRI Working Papers, June 01. Retrieved from www.edri.org.et/Resources/Working_Papers/EDRI_WP001_Tourist_Flows.pdf.
  24. Webb, A. J., & Chotithamwattana, C. (2013). Who Visits Thailand and Why? An Econometric Model of Tourist Arrivals by Country of Origin. Proceedings of 8th Asian Business Research Conference 1–2 April, 2013, Bangkok, Thailand.
  25. The World Bank. (2015). World Development Indicators. Retrieved 1 January, 2015 from http://data.worldbank.org/data-catalog/world-development-indicators.
  26. Ziramba, E., & Moyo, B. (2013). Aggregate Outbound Tourism Demand in South Africa: an Econometric Analysis. Journal of Economics and Behavioral Studies, 5(5), 260–267.10.22610/jebs.v5i5.402
DOI: https://doi.org/10.1515/cjot-2016-0004 | Journal eISSN: 1805-9767 | Journal ISSN: 1805-3580
Language: English
Page range: 59 - 72
Published on: Jan 24, 2018
Published by: Masaryk University
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2018 Ceyhun Can Özcan, Harun Uçak, published by Masaryk University
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.