Assessing the Economic Impact of Medical Tourism: A Sectoral Analysis

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dc.contributor.authorOkur, Fatıh
dc.contributor.authorMurat,
dc.date.accessioned2026-02-28T11:57:47Z
dc.date.available2026-02-28T11:57:47Z
dc.date.issued2025
dc.departmentBayburt Üniversitesi
dc.description.abstractPurpose – This study aims to determine the contribution of health tourism, which is a sector in the trend of development and growth, to the Turkish economy in the period 2010q1-2023q4. The study attempts to show how promoting medical tourism, as stated in the Health Transformation Program, can increase economic growth in Türkiye. Methodology/Design/Approach – This study analyses the industrial production index, medical tourism revenues, and real effective exchange rate data to examine the causality relationship in the short, medium, and long term within the framework of the “frequency domain causality approach”. Findings – while there is causality from the industrial production index, which represents economic growth, to medical tourism revenues in every period, no causality was found from medical tourism to economic growth. A causality was found from the real effective exchange rate to economic growth in the short and medium term, but no causality was found from economic growth to the real effective exchange rate. The findings show a causality from medical tourism revenues to the real effective exchange rate in the short term and a causality from the real effective exchange rate to tourism revenues in the medium term. This explains why healthcare services have become cheaper in Turkey due to the increase in the exchange rate. Originality of the research – It is thought that the method and period applied in the study could fill the gap in the literature.
dc.identifier.doi10.15659/3.sektor-sosyal-ekonomi.25.03.2501
dc.identifier.endpage1034
dc.identifier.issn2148-1237
dc.identifier.issn2587-0114
dc.identifier.issue1
dc.identifier.startpage1023
dc.identifier.trdizinid1304753
dc.identifier.urihttps://doi.org/10.15659/3.sektor-sosyal-ekonomi.25.03.2501
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1304753
dc.identifier.urihttps://hdl.handle.net/20.500.12403/5197
dc.identifier.volume60
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.relation.ispartofÜçüncü Sektör Sosyal Ekonomi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_TR-Dizin_20260218
dc.subjectEconomic Growth
dc.subjectMedical Tourism
dc.subjectIndustrial Production
dc.subjectFrequency Domain Causality
dc.subjectReal Effective Exchange Rate
dc.titleAssessing the Economic Impact of Medical Tourism: A Sectoral Analysis
dc.typeArticle

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