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DETERMINANTS OF TOURIST INFLOWS IN TURKEY: EVIDENCE FROM PANEL GRAVITY MODEL

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Abstract (2. Language): 
Turkey is one of the foremost destinations in the world and today, tourism sector has gained importance in the Turkish economy. With a tourism revenue of 16.9 billion USD, Turkey has placed 9th among the top 10 highest revenue earned countries. Nevertheless, it cannot be said that Turkey fully uses her tourism potential which stems from her geographical and historical wealth. Therefore, in order to develop the sector in a most planned and controlled manner, it is important to determine the factors which have impact on Turkey’s tourist inflows. In this paper, we aimed to investigate these effective factors based on a panel gravity model framework for the period of 1992-2007. Though the results are highly sensitive to the specification of the model both in terms of the significance and sign of the coefficients, all variables (i.e. the economic size, population and distance) seem to have significant effect on tourist inflows.
Abstract (Original Language): 
Günümüzde Türkiye dünyanın önde gelen turizm destinasyonlarından biridir ve turizm Türkiye ekonomisi içinde giderek önem kazanmaktadır. Türkiye 16,9 milyar dolarlık turizm geliri ile ilk 10 ülke içinde 9. sıradadır. Bununla birlikte, Türkiye’nin coğrafî ve tarihî zenginliğinden kaynaklanan turizm potansiyelini tam olarak kullandığı söylenemez. Bu nedenle sektörün daha plânlı ve kontrollü bir şekilde geliştirilmesi açısından Türkiye’ye yönelik turist akımı üzerinde etkili olan faktörlerin belirlenmesi önem arz etmektedir. Bu çalışmada 1992-2007 dönemi için, çekim modeli yapısı içinde bu faktörler araştırılmaya çalışılmıştır. Her ne kadar sonuçlar katsayıların işaret ve anlamlılığı açısından modelin biçimine duyarlı olsa da tüm değişkenler (yani, ekonomik büyüklük, nüfus ve uzaklık) turist akımı üzerinde anlamlı etkiye sahip görünmektedir.
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