TY - JOUR AU - Selahattin Guris AU - Ebru Caglayan-Akay AU - Filiz Cakir-Zeytinoglu AU - Irem Sacakli-Sacildi AU - Cuneyt Sadic PY - 2016/12/31 Y2 - 2024/03/29 TI - The Effect of Tourism Investments on Tourism Income in Turkey: Panel VAR Approach JF - European Scientific Journal, ESJ JA - ESJ VL - 12 IS - 35 SE - Articles DO - 10.19044/esj.2016.v12n35p58 UR - https://eujournal.org/index.php/esj/article/view/8506 AB - Tourism is rapidly developing around the world and it effects the economic, social and cultural development of the country. In this study based on the effect of tourism on the economic growth, the effect of tourism investments on tourism income was examined using Panel VAR model. The yearly data from the period 2001-2014 on the most popular touristic towns in Turkey, namely, Antalya, Mugla, Izmir, Aydin and Nevsehir, was used. When the results of the analysis are examined, it can be said that tourism investments have stimulating effect on tourism income, but it was noticed that the tourism investments from the last year had a decreasing effect on tourism income. ER -