Assessing the Economic Impacts of Tourism Markets and Activities Diversification: Evidence From a New Dynamic Regression Approach

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dc.authoridUlucak, Recep/0000-0001-9938-0063
dc.authoridadebola, Sakiru/0000-0001-7722-1029
dc.authoridErdogan, Sinan/0000-0003-3491-8234
dc.contributor.authorSolarin, Sakiru Adebola
dc.contributor.authorUlucak, Recep
dc.contributor.authorErdogan, Sinan
dc.date.accessioned2024-09-18T21:00:21Z
dc.date.available2024-09-18T21:00:21Z
dc.date.issued2023
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThis paper undertakes an exploration of how the diversification of tourism markets and activities exerts its influence on economic growth, particularly in New Zealand. By employing a dynamic autoregressive distributed lag method, this study uncovers the interplay between tourism diversification and economic growth dynamics in New Zealand. Empirical results show that it is only the diversification of European markets that generated positive economic growth. However, the diversification of tourism activities emerges as a potent driver of favorable economic expansion. The evidence suggests that a strategic emphasis on augmenting tourism diversification from European markets holds the potential to magnify the positive economic impact of the tourism sector. Additionally, the proposition of enhancing diversification in tourism activities emerges as a key avenue for bolstering New Zealand's economic growth prospects. This study bridges a gap in the existing literature and furnishes policymakers with insights on how to harness the potential of tourism diversification.en_US
dc.identifier.doi10.1177/00472875231203395
dc.identifier.issn0047-2875
dc.identifier.issn1552-6763
dc.identifier.scopus2-s2.0-85174493074en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1177/00472875231203395
dc.identifier.urihttps://hdl.handle.net/20.500.12483/12610
dc.identifier.wosWOS:001087633800001en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSage Publications Incen_US
dc.relation.ispartofJournal of Travel Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjecttourism marketsen_US
dc.subjecttourism activitiesen_US
dc.subjectdiversificationen_US
dc.subjecteconomic growthen_US
dc.subjectdynamic autoregressive distributed lag simulationen_US
dc.subjectNew Zealanden_US
dc.titleAssessing the Economic Impacts of Tourism Markets and Activities Diversification: Evidence From a New Dynamic Regression Approachen_US
dc.typeArticleen_US

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