{"title":"DETERMINING TURKISH HOUSEHOLDS’ TOURISM CONSUMPTION EXPENDITURES IN ECONOMIC CRISIS","authors":"H. Gül","doi":"10.30519/AHTR.456904","DOIUrl":null,"url":null,"abstract":"Crises may influence the most economies differently in the world and cause to diminish their national wealth and rise in unemployment rates. As a developing country, Turkey has been impressed by some economic slumps in the world in different periods. This study aims to investigate the tourism participation of households and estimate the most sensitive household groups after the 2008 financial crisis by employing Heckman two-stage model. It also reveals which household groups change their tourism consumption expenditures more in Turkey. The results show that variations in income elasticity during the crisis are different to household groups. In other words, households with high income level were not significantly affected by the world economic crisis, while households with low income reduced tourism consumption expenditures both in domestic and outbound tourism.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":null,"pages":null},"PeriodicalIF":16.4000,"publicationDate":"2019-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.30519/AHTR.456904","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 2
Abstract
Crises may influence the most economies differently in the world and cause to diminish their national wealth and rise in unemployment rates. As a developing country, Turkey has been impressed by some economic slumps in the world in different periods. This study aims to investigate the tourism participation of households and estimate the most sensitive household groups after the 2008 financial crisis by employing Heckman two-stage model. It also reveals which household groups change their tourism consumption expenditures more in Turkey. The results show that variations in income elasticity during the crisis are different to household groups. In other words, households with high income level were not significantly affected by the world economic crisis, while households with low income reduced tourism consumption expenditures both in domestic and outbound tourism.
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.