Health Tourism Revenues and Real Exchange Rate Relationship in Turkiye

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dc.authorid0000-0001-5484-5189
dc.contributor.authorAgazade, Seymur
dc.contributor.authorErgun, Adviye
dc.date.accessioned2026-01-24T12:31:28Z
dc.date.available2026-01-24T12:31:28Z
dc.date.issued2024
dc.departmentAlanya Alaaddin Keykubat Üniversitesi
dc.description.abstractThe international nature of health tourism, which has an increasing importance, makes its interaction with the real exchange rate a prominent research topic. On this basis, this study aims to examine the relationship between health tourism revenues and real exchange rate for Turkiye, and to determine to what extent the preferences of health tourists traveling to this country are price- or cost-centered. For this purpose, Johansen cointegration and Granger causality analyses and the dataset for the period Q1 2002 - Q4 2019 were used. Findings of cointegration analysis supported that there is a long-term relationship between real exchange rate and health tourism revenues. Accordingly, a 1% change in all, developed, and developing trading partner countries based real exchange rate causes a change of 2.4065%, 2.6108%, and 2.1383% in health tourism revenues in reverse direction, respectively. These findings indicate that health tourism revenues are highly sensitive to the changes in real exchange rates. Furthermore, Granger causality analysis supported a one-way causal relationship from all three real exchange rates to health tourism revenues. Considering the findings, it is possible to state despite the high quality of health services in Turkiye, prices or costs are significantly effective in the decisions of health tourists.
dc.identifier.doi10.1080/1528008X.2022.2158992
dc.identifier.endpage1419
dc.identifier.issn1528-008X
dc.identifier.issn1528-0098
dc.identifier.issue5
dc.identifier.scopus2-s2.0-85145092461
dc.identifier.scopusqualityQ1
dc.identifier.startpage1402
dc.identifier.urihttps://doi.org/10.1080/1528008X.2022.2158992
dc.identifier.urihttps://hdl.handle.net/20.500.12868/5911
dc.identifier.volume25
dc.identifier.wosWOS:000902929200001
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofJournal of Quality Assurance in Hospitality & Tourism
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260121
dc.subjectHealth tourism revenues
dc.subjectreal exchange rate
dc.subjectVAR analysis
dc.titleHealth Tourism Revenues and Real Exchange Rate Relationship in Turkiye
dc.typeArticle

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