The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries

Öcal Oğuz; Altınöz Buket; Aslan Alper

doi:https://dx.doi.org/10.26650/ISTJECON2020-825490

Araştırma Makalesi

DOI :10.26650/ISTJECON2020-825490 IUP :10.26650/ISTJECON2020-825490 Tam Metin (PDF)

The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries

Mediterranean countries are indispensable places of tourism with their world-famous shores, wonderful climate and impressive historical places. The aim of this paper is to investigate the relationship between tourist arrivals and economic freedom indicators such as government integrity, tax burden, government spending, business freedom and trade freedom. For this purpose, the panel vector autoregression (PVAR) method was used for a Mediterranean countries sample covering the period from 1996 to 2016. The results of causality testing showed that the tourist arrivals have a bidirectional causality relationship with each explanatory variable, while the coefficient estimates showed that an increase in economic freedom indices affected tourist arrivals negatively in Mediterranean countries. That is, economic freedoms do not mean an advantage for tourists without supportive public policies for tourism. The test results suggest that policymakers should take into account the various aspects of the tourism sector, particularly natural resources and environmental factors, while making policies that increase economic freedom in Mediterranean countries.

Anahtar Kelimeler: Tourism, Economic freedom, Panel VAR, Causality

JEL Classification : B22 , C23 , L83

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DIŞA AKTAR

APA

Öcal, O., Altınöz, B., & Aslan, A. (2020). The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries. İstanbul İktisat Dergisi, 70(2), 287-301. https://doi.org/10.26650/ISTJECON2020-825490

AMA

Öcal O, Altınöz B, Aslan A. The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries. İstanbul İktisat Dergisi. 2020;70(2):287-301. https://doi.org/10.26650/ISTJECON2020-825490

ABNT

Öcal, O.; Altınöz, B.; Aslan, A. The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries. İstanbul İktisat Dergisi, [Publisher Location], v. 70, n. 2, p. 287-301, 2020.

Chicago: Author-Date Style

Öcal, Oğuz, and Buket Altınöz and Alper Aslan. 2020. “The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries.” İstanbul İktisat Dergisi 70, no. 2: 287-301. https://doi.org/10.26650/ISTJECON2020-825490

Chicago: Humanities Style

Öcal, Oğuz, and Buket Altınöz and Alper Aslan. “The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries.” İstanbul İktisat Dergisi 70, no. 2 (May. 2024): 287-301. https://doi.org/10.26650/ISTJECON2020-825490

Harvard: Australian Style

Öcal, O & Altınöz, B & Aslan, A 2020, 'The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries', İstanbul İktisat Dergisi, vol. 70, no. 2, pp. 287-301, viewed 5 May. 2024, https://doi.org/10.26650/ISTJECON2020-825490

Harvard: Author-Date Style

Öcal, O. and Altınöz, B. and Aslan, A. (2020) ‘The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries’, İstanbul İktisat Dergisi, 70(2), pp. 287-301. https://doi.org/10.26650/ISTJECON2020-825490 (5 May. 2024).

MLA

Öcal, Oğuz, and Buket Altınöz and Alper Aslan. “The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries.” İstanbul İktisat Dergisi, vol. 70, no. 2, 2020, pp. 287-301. [Database Container], https://doi.org/10.26650/ISTJECON2020-825490

Vancouver

Öcal O, Altınöz B, Aslan A. The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries. İstanbul İktisat Dergisi [Internet]. 5 May. 2024 [cited 5 May. 2024];70(2):287-301. Available from: https://doi.org/10.26650/ISTJECON2020-825490 doi: 10.26650/ISTJECON2020-825490

ISNAD

Öcal, Oğuz - Altınöz, Buket - Aslan, Alper. “The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries”. İstanbul İktisat Dergisi 70/2 (May. 2024): 287-301. https://doi.org/10.26650/ISTJECON2020-825490

Cilt 70, Sayı 22020, S. 287-301

ZAMAN ÇİZELGESİ

Gönderim	13.11.2020
Kabul	08.12.2020
Çevrimiçi Yayınlanma	31.12.2020

LİSANS

Attribution-NonCommercial (CC BY-NC)

This license lets others remix, tweak, and build upon your work non-commercially, and although their new works must also acknowledge you and be non-commercial, they don’t have to license their derivative works on the same terms.

İstanbul İktisat Dergisi

Araştırma Makalesi

The Nexus Between Economic Freedom and Tourist Arrivals: Evidence from Mediterranean Countries

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Referanslar

Atıflar

DIŞA AKTAR

APA

AMA

ABNT

Chicago: Author-Date Style

Chicago: Humanities Style

Harvard: Australian Style

Harvard: Author-Date Style

MLA

Vancouver

ISNAD

ZAMAN ÇİZELGESİ

LİSANS

PAYLAŞ