Dynamic Panel Data Analysis of the Relationship between Economic Freedom and Tourism

Basit Öğe Kaydı
dc.contributor.authorMuslija, Adnan
dc.contributor.authorSatrovic, Elma
dc.contributor.authorColakovic, Namik
dc.date.accessioned2025-03-07T20:03:25Z
dc.date.available2025-03-07T20:03:25Z
dc.date.issued2019
dc.departmentÇağ Üniversitesi
dc.description.abstractThis paper explores the dynamic relationship between economic freedom and the tourism industrywhile controlling for the potential heterogeneity. Countries that report high levels of economicfreedom index tend to have a more favorable business climate that increases the stability of the labormarket; monetary system and rule of law. As a consequence, it can attract more investments indifferent sectors including the tourism industry. Thereby, economic freedom is expected to cause thetourism industry. Herein, we have explored the link of interest by collecting the balanced panel datafor 87 countries over the period 2002-2015. The methodology includes the panel VAR model. Thefindings of this article suggest a unidirectional link running from economic freedom to the tourismindustry. Given the importance of the tourism industry, this paper suggests that governments shouldmake necessary changes to foster economic freedom since it is found to be an important factor toattract foreign tourists.
dc.identifier.endpage343
dc.identifier.issn1308-5549
dc.identifier.issn2147-4206
dc.identifier.issue2
dc.identifier.startpage327
dc.identifier.trdizinid381792
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/381792
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2634
dc.identifier.volume9
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.relation.ispartofÇankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.snmzKA_20241226
dc.subjectOtelcilik
dc.subjectKonaklama
dc.subjectSpor ve Turizm
dc.subjectİşletme
dc.subjectİktisat
dc.titleDynamic Panel Data Analysis of the Relationship between Economic Freedom and Tourism
dc.typeArticle

Dosyalar

Koleksiyon

TR-Dizin İndeksli Yayınlar Koleksiyonu