THE CAUSAL EFFECT OF TRAVEL SERVICES EXPORTS AND IMPORTS IN TÜRKİYE ON THE GROWTH OF TRADE IN SERVICES


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Yağmur İ.

13th International Artemis Scientific Research Congress, Bucuresti, Romanya, 28 - 30 Ağustos 2025, ss.802-809, (Tam Metin Bildiri)

Özet

In this study, the causal relationship between travel services exports and imports in Türkiye and service trade was analyzed for the period 1990-2024. In a globalizing world, the service sector is gaining increasing importance in the economic structure of countries and playing a decisive role in the balance of foreign trade. In particular, travel services such as tourism constitute a significant portion of service trade revenues in developing countries like Türkiye. The aim of this study is to reveal the causal relationship between travel services exports and imports and the growth of total service trade. In the analysis section, Fourier ADF and Fourier LM unit root tests were first applied to the variables, and then the causality relationship between the variables was determined using the Fourier Toda-Yamamoto causality test. According to the test results, a unidirectional and statistically significant causality relationship was found from both travel services exports and travel services imports to total services trade. This finding shows that changes in travel services directly affect Türkiye’s total service trade growth. However, no significant causal relationship was found between total service trade and travel services. These results reveal that Türkiye’s service trade activity is largely driven by the tourism sector and that travel services are the main determinants of total service trade.