THE RELATIONSHIP BETWEEN FOREIGN HOUSING INVESTMENTS AND TOURISM IN TURKEY: CAUSALITY ANALYSIS

Year 2018, Issue: 51, 115 - 126, 04.07.2018

Mustafa Şit , Haydar Karadağ

https://doi.org/10.18070/erciyesiibd.286430

Cited By: 2

Abstract

In this study the relationship between foreign housing investments and the tourism sector in Turkey was investigated by causality analysis. In this study Granger, Toda Yamamato and Bootstrap Granger causality tests are used for 2013 and 2016 (2013M01:2016M11) period. As a result of this study, it was concluded that there is a relationship between foreign housing investments and tourism by determining a unidirectional causal relationship between foreign housing investments to tourism revenues and the number of tourists.

Keywords

Tourism Revenues, Real Estate Market, Foreign Housing Investments, Bootstrap Granger Causality

TÜRKİYE’DE YABANCI KONUT YATIRIMI VE TURİZM ARASINDAKİ İLİŞKİ: NEDENSELLİK ANALİZİ

Abstract

Bu çalışmada Türkiye’de yabancı konut yatırımı ile turizm sektörü arasında ilişki nedensellik analizleriyle araştırılmıştır. Bu çalışmada 2013-2016 dönemi için (2013M01:2016M11) Granger, Toda-Yamamoto ve Bootstrap Granger nedensellik testleri kullanılmıştır. Çalışma sonucunda, yabancı konut yatırımlarından turizm gelirleri ve turist sayısına doğru tek yönlü nedensellik tespit edilerek, yabancı konut yatırımları ile turizm arasında ilişki olduğu sonucuna varılmıştır.

Keywords

Turizm Gelirleri, Gayrimenkul Piyasası, Yabancı Konut Yatırımları, Bootstrap Granger Nedensellik

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