The impact of COVID-19 on Turkey’s tourism sector: fresh evidence from the fractional integration approach

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dc.contributor.authorYucel, Ali Gokhan
dc.contributor.authorKoksal, Cihat
dc.contributor.authorAcar, Sevil
dc.contributor.authorGil-Alana, Luis Alberiko
dc.date.accessioned2023-01-18T10:56:16Z
dc.date.available2023-01-18T10:56:16Z
dc.date.issued2022en_US
dc.departmentFakülteler, İşletme Fakültesi, Uluslararası Ticaret Bölümüen_US
dc.description.abstractThe aim of this paper is to analyze whether the profound effects of COVID-19 on Turkey’s tourism sector will be permanent or transitory. Such an investigation deserves attention during the ongoing pandemic due to the importance of Turkey in the international tourism industry. To better understand and analyze the dynamics of tourism, we examine a long period of time spanning from January 1977 to March 2021 using a fractional integration approach. The findings provide clear-cut evidence that the shocks to the tourism sector display very low degrees of persistence in the pre-pandemic period whereas degrees of persistence in the post-pandemic period are very high. We also identify the changes in the persistence of tourism month by month. Overall, the impacts of COVID-19 on Turkey’s tourism will not be transitory. Therefore, the government should be actively involved in the recovery process of the tourism sector if Turkey wants to reach the number of tourist arrivals it once used to host. Also, the methodology employed in this study could be used as a benchmark to explore the impacts of the ongoing pandemic on other sectorsen_US
dc.identifier.doi10.1080/00036846.2022.2047602en_US
dc.identifier.scopus2-s2.0-85126181561en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.urihttps://hdl.handle.net/11467/6053
dc.identifier.urihttps://doi.org/10.1080/00036846.2022.2047602
dc.identifier.wosWOS:000766098900001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherRoutledgeen_US
dc.relation.ispartofApplied Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/embargoedAccessen_US
dc.subjectTourism; Turkey; COVID-19; persistence; fractional integrationen_US
dc.titleThe impact of COVID-19 on Turkey’s tourism sector: fresh evidence from the fractional integration approachen_US
dc.typeArticleen_US

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