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Öğe THE IMPACT OF EXTERNAL SHOCKS ON TOURISM SECTOR: THE CASE OF TURKEY(Ekonomski Fak Sveucilista, Katedra Trgovinu & Turizam, 2007) Karagoz, Murat; Sen, Ali; Kocyigit, AliThe objective of this study is to assess the temporal impacts on Turkey's tourist arrivals. An econometric strategy is selected to determine the existence of unit roots in data series containing the quarterly number of tourist arrivals between 1993:1 and 2005:3. The present study finds that the data series contain deterministic trend and seasonal components together with detected structura! changes. Hence any form of exogenous shocks, will not have permanent impact on Turkey's tourist arrivals.Öğe THE IMPACT OF FOREIGN DIRECT INVESTMENT INFLOWS ON THE PERFORMANCE OF ECONOMIC GROWTH: EVIDENCE FROM SELECTED DEVELOPING COUNTRIES(Editura Ase, 2014) Sen, Ali; Senturk, Mehmet; Ozkan, GokcenIn this study, developing countries which are Argentina, Brazil, Thailand and Turkey were analyzed over the period of 1980-2011 in order to determine whether there is a cointegration relationship between those countries' Foreign Direct Investment (FDI) inflows and Gross Domestic Product (GDP) growth. In this context, at first panel unit root analysis (LLC and IPS) and then Pedroni panel cointegration analysis were applied. All of the series were I(1) at the end of the stationary tests. In addition, null hypothesis imply that cointegration was rejected and alternative hypothesis which was state cointegration is accepted. It is concluded that there is a significant relationship between FDI inflows and GDP growth of Argentina, Brazil, Thailand and Turkey over the period of 1980-2011.