The Turkey Tourism Demand: A Gravity Model

Posted: 30 May 2016

See all articles by Fatih Kaplan

Fatih Kaplan

Mersin University - Tarsus School of Applied Technology and Management

Ali Aktaş

Akdeniz University - Faculty of Economics and Administrative Sciences

Date Written: May 27, 2016

Abstract

Two significant points are usually overlooked when tourism demand is estimated through gravity models. First, international tourism activity is examined without the aid of economic theory. Consequently, this study uses a utility function to evaluate the tourism demand model. Secondly, gravity model estimations are not done via the appropriate estimation methods. This is because estimations give rise to problem of heteroscedasticity. Therefore, this study utilizes the Poisson Pseudo Maximum Likelihood (PPML) method, which accounts for the heteroscedasticity problem. Although our results are similar to the findings in prior literature, it is possible to get different results in terms of tourism demand.

Keywords: Turkey, Tourism Demand, Gravity Model

JEL Classification: C23, C40, Z30, Z39

Suggested Citation

Kaplan, Fatih and Aktaş, Ali, The Turkey Tourism Demand: A Gravity Model (May 27, 2016). Available at SSRN: https://ssrn.com/abstract=2785797

Fatih Kaplan (Contact Author)

Mersin University - Tarsus School of Applied Technology and Management ( email )

Mersin
Turkey

Ali Aktaş

Akdeniz University - Faculty of Economics and Administrative Sciences ( email )

TR-07440 Alanya Campus
TR-07440 Alanya Campus
07058 Antalya, AK Antalya 07440
Turkey

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