Effects of Russia's Economic Growth on Turkey's Tourism Sector

Levent Şahin, Hasan Akça
2013 International Conference on Eurasian Economies 2013   unpublished
The aim of this study is to analyse whether there is a relation between economic growth in Russia and Turkey's tourism sector or not. Data (GDP in Russia and Russian tourists who prefer Turkey as tourist destination) cover the period 2001-2011. According to results of regression analysis, there is no effect of GDP increase in Russia on number of Russian tourists visiting Turkey. It can be said that most of the Russian tourists visiting Turkey have medium income level. They prefer Turkey due to
more » ... efer Turkey due to cheap holiday opportunity (everything inclusive system), closer to Russia and qualitative service. Russian tourists having high income level travel to Far East Countries for holiday.
doi:10.36880/c04.00694 fatcat:4hamcoprw5g2vfnsixwced4mdu