Psychological and Economic Aspects of BIST Tourism Index with Hotel-Restaurant Credits: Turkey Example

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dc.contributor.authorYetiz, Fillz
dc.contributor.authorSusay, Anynur
dc.contributor.authorUnal, Ayse Ergin
dc.date.accessioned2025-03-17T12:25:22Z
dc.date.available2025-03-17T12:25:22Z
dc.date.issued2022
dc.departmentTarsus Üniversitesi
dc.description.abstractIn gross domestic product the share of the tourism sector, which is among the sub-service sectors in Turkey in general and the services sector in particular, is increasing gradually. From the perspective of the world service trade, the contribution of the sector, which weighs almost 30%, to the country's economies is undeniable. Considering its importance in the economy, banks provide affordable prices, maturity, and limit options for developing the tourism sector and various businesses, including investment loans. Banks also create new loan support packages for the needs of the sector. The banking system continuously supports sectors with multiple credit products to maintain activities in the tourism sector, establish new tourism enterprises, renew the enterprises, and support renovation activities. In this context, the study aims to determine the causality relationship among various psychological and economic sizes affecting the tourism sector in Turkey. Monthly data for the period 2011:01-2021:02 and the Toda Yamamoto Causality test were used in the study. Moreover, six different variables were preferred in the investigation of the total tourism loans financed by the banking system and the psychological and economic effects of the BIST tourism index. Among the variables, Industrial Production Index, BIST Tourism Index, Hotels and Restaurants (Tourism) Total Cash Loans, and consumer price index indicators (Restaurants and Hotels) represent economic reflections in the sector. The service sector confidence index and Turkey geopolitical risk index represent psychological effects. According to the causality test, a one-way causality relationship was obtained from the service sector confidence index to growth and consumer price index indicators and from the BIST Tourism Index to the service sector confidence index. Other findings include a one-way causality relationship from Hotels and Restaurants (Tourism) Total Cash Loans to CPI
dc.identifier.doi10.26650/JEPR926459
dc.identifier.endpage204
dc.identifier.issn2148-3876
dc.identifier.issue1
dc.identifier.scopusqualityN/A
dc.identifier.startpage187
dc.identifier.trdizinid1120737
dc.identifier.urihttps://doi.org/10.26650/JEPR926459
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1120737
dc.identifier.urihttps://hdl.handle.net/20.500.13099/1631
dc.identifier.volume9
dc.identifier.wosWOS:001329221000009
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.publisherIstanbul Univ
dc.relation.ispartofJournal of Economic Policy Researches-Iktisat Politikasi Arastirmalari Dergisi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20250316
dc.subjectServices confidence index
dc.subjectTurkey geopolitical risk index
dc.subjectHotels and restaurants
dc.subjectTotal cash loans
dc.subjectCPI
dc.subjectBIST tourism index
dc.titlePsychological and Economic Aspects of BIST Tourism Index with Hotel-Restaurant Credits: Turkey Example
dc.typeArticle

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