Can tourism be a key sector in reducing income inequality? An empirical investigation for Turkey
ASIA PACIFIC JOURNAL OF TOURISM RESEARCH, cilt.24, sa.8, ss.822-838, 2019 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 24 Sayı: 8
- Basım Tarihi: 2019
- Doi Numarası: 10.1080/10941665.2019.1636105
- Dergi Adı: ASIA PACIFIC JOURNAL OF TOURISM RESEARCH
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
- Sayfa Sayıları: ss.822-838
- Anahtar Kelimeler: Income inequality, tourism growth, economic growth, Kuznets curve, Turkey, ARDL test, Bayer and Hanck cointegration, Fourier ADF, trade openness, foreign direct investment, KUZNETS CURVE HYPOTHESIS, PANEL CAUSALITY ANALYSIS, LED-GROWTH HYPOTHESIS, ECONOMIC-GROWTH, ENERGY-CONSUMPTION, ERROR-CORRECTION, CO2 EMISSIONS, COINTEGRATION, POVERTY, DETERMINANTS
- Karadeniz Teknik Üniversitesi Adresli: Evet
Özet
The aim of the study is to investigate the nexus between tourism and income inequality by employing the Autoregressive Distributed Lag (ARDL) test cover the period 1974-2015 in Turkey. Findings indicated that the variables are cointegrated and an increase in tourism has a positive effect on income inequality, while economic growth and trade openness have a negative effect both in the long-run and short-run. Results also denote that tourism will decrease income inequality with the expansion of tourism activities and the spread of tourism throughout society. In other words, the tourism-related Kuznets Curve hypothesis is valid for Turkey.