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A RE-EXAMINATION OF THE RELATIONSHIP BETWEEN TOURISM AND HEALTHCARE

Journal of Applied Research in Finance and Economics

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Field Value
 
Title A RE-EXAMINATION OF THE RELATIONSHIP BETWEEN TOURISM AND HEALTHCARE
 
Creator ZEREN, Fatma
 
Description Globalization of healthcare services in recent years has increased the importance of medical tourism activities. In this respect, governments increase their own investments and stimulate the growth of medical tourism sector, one of the primary sources of foreign exchange, for improving the national economy. The purpose of this study is to examine the relationship between the international tourism and development of the healthcare sector. We employ the causality test introduced by Hacker and Hatemi (2006) to test this causality relationship for Australia, Canada, Hungary, India, South Korea, and Turkey. The study concludes that direction of the causal relationship in India moves from the healthcare sector to tourism. On the other hand, South Korea exhibits a bi-directional relationship. It was not possible to draw conclusions about causal relationships between healthcare and tourism in Australia, Canada, Hungary and Turkey.
 
Publisher Journal of Applied Research in Finance and Economics
 
Date 2016-11-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.jarfe.org/index.php/jarfe/article/view/2
 
Source Journal of Applied Research in Finance and Economics; Vol 1 No 1 (2015): Issue 1; 9-16
2458-8083
 
Language eng
 
Relation http://www.jarfe.org/index.php/jarfe/article/view/2/2
 
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