Detail práce

Demand for Turkey as Tourist Destination

Autor: Mgr. Kemal Berk Fidanboy
Rok: 2018 - letní
Vedoucí: doc. Ing. Tomáš Cahlík CSc.
Typ práce: Diplomová
Jazyk: Anglicky
Stránky: 131
Abstrakt: This master’s thesis focuses on main determinants of tourism demand of Turkey. Analysis is
made for 95 countries between 2007 and 2016 using panel data gravity model. Variables which
are used in the analysis are economic variables (GDP per capita and relative prices), weighted
distance, population and political variables which are terror and democracy index differences
between tourist origin country and Turkey, internal political problem, which is coup d’état
attempt in 2016 and foreign policy problems which are Gaza crisis with Israel and plane crisis
with Russia. Key contribution of this thesis is to include political variables in the model, extend
the data set and observe the time period which Turkey has the highest number of tourists and
experienced sharp decrease afterwards. As for the estimation, three different models which are
pooled Ordinary Least Squares, Fixed Effects and Random Effects are used. These models are
compared with each other by performing different tests and it is founded out that Fixed Effects
model is the most efficient one. For the results, it is founded out that except the political
variables; other variables have expected significance and contribution, both positive and negative,
to tourism demand of Turkey. Even though the internal and foreign political problems have the
significant negative effect on tourism, democracy and terror index differences does not have the
expected impact on tourism.


Česká Spořitelna


Patria Finance