Is the volatility of international tourism revenues affected by tourism source market structure? An empirical analysis of Turkey

dc.authorid0000-0001-5484-5189
dc.authorid0000-0003-0534-6783
dc.contributor.authorAgazade, Seymur
dc.contributor.authorTukenmez, Egemen Gunes
dc.contributor.authorUzun, Merve
dc.date.accessioned2026-01-24T12:29:09Z
dc.date.available2026-01-24T12:29:09Z
dc.date.issued2023
dc.departmentAlanya Alaaddin Keykubat Üniversitesi
dc.description.abstractThis study examines the effect of tourism source market structure on the volatility of tourism revenues in Turkey, using the number of tourists according to nationality and the data on international tourism revenues. The tourism source market structure was measured using the normalized Herfindahl-Hirschman index and the relative entropy index, which is based on the number of tourists visiting Turkey from 107 source markets. The volatility of tourism revenues and the effect of tourism source market structure on this volatility were assessed using the autoregressive conditional heteroskedasticity (ARCH) method. The results show that both variables measuring tourism source market structure affect the volatility of tourism revenues. Accordingly, the concentration of the tourism source market increases the volatility of tourism revenues, whereas source market diversification decreases it.
dc.identifier.doi10.1177/13548166211046070
dc.identifier.endpage304
dc.identifier.issn1354-8166
dc.identifier.issn2044-0375
dc.identifier.issue2
dc.identifier.scopus2-s2.0-85121784581
dc.identifier.scopusqualityQ1
dc.identifier.startpage291
dc.identifier.urihttps://doi.org/10.1177/13548166211046070
dc.identifier.urihttps://hdl.handle.net/20.500.12868/5138
dc.identifier.volume29
dc.identifier.wosWOS:000736370600001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSage Publications Ltd
dc.relation.ispartofTourism Economics
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260121
dc.subjecttourism revenue volatility
dc.subjecttourism source market structure
dc.subjectARCH
dc.subjectTurkey
dc.titleIs the volatility of international tourism revenues affected by tourism source market structure? An empirical analysis of Turkey
dc.typeArticle

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