Europe is a notable tourism region and so international tourist arrivals are getting more crucial day by day for attraction center countries. Besides many economic factors, exchange rate is also main economic determining factor of tourism demand. This paper investigates the asymmetric effects of...

In this study, we examine the responsiveness of exports to the real exchange rate shocks for different countries. Employing a Vector Autoregressive (VAR) methodology, the effects of different real exchange rate shocks on the Turkish export demand is examined by using quarterly data from the...