Template-Type: ReDIF-Article 1.0 Author-Name: Batuhan Medetoğlu Author-Workplace-Name: MEHMET AKIF ERSOY UNIVERSITY, AĞLASUN VOCATIONAL SCHOOL Author-Name: Yusuf Bahadır Kavas Author-Workplace-Name: AMASYA UNIVERSITY, MERZİFON VOCATIONAL SCHOOL Author-Name: Arif Saldanlı Author-Workplace-Name: ISTANBUL UNIVERSITY, FACULTY OF ECONOMICS Author-Name: Fatih Günay Author-Workplace-Name: ISPARTA UNIVERSITY OF APPLIED SCIENCES, FACULTY OF TOURISM Title: Tourism's “Financial Dutch Disease”: Regional evidence on foreign exchange abundance and local household saving preferences Abstract: This study aims to examine the impact of increases in tourism-related foreign exchange inflows on individuals' financial behaviour in Türkiye. While numerous studies have examined the Dutch Disease in the real sector, limited studies have examined its effects on household investment behaviour specifically in the service sector. This phenomenon, referred to as the “Financial Dutch Disease”, is analysed in this study to show the impact of tourism intensity on individuals' demand for foreign exchange deposit accounts (FX deposit accounts) for a sample of 81 provinces in Türkiye for the period 2015-2023. The findings indicate a strong positive relationship between tourism growth and the share of FX deposit accounts. According to the main model, a one-unit increase in the number of foreign tourists per capita increases the FX deposit account share of total deposits in a province by an average of 4.35 percent. Conducted heterogeneity analyses indicate that this effect is more pronounced in financially less developed regions. Dynamic analyses indicate that the effect carries over to the following year but diminishes over time. These results clearly demonstrate that tourism-related foreign exchange abundance has led locals to resort to currency substitution, creating a form of "Financial Dutch Disease." The study expands the Dutch Disease literature to include the financial consequences of tourism as a service sector and offers important implications for policymakers by highlighting the potential impact of tourism on regional financial stability. Classification-JEL: F31, E21, R11, Z3 Keywords: Financial Dutch Disease, Tourism Economics, Household Finance, Currency Substitution, Regional Economics Journal: Journal of Multidisciplinary Academic Tourism Pages: 323-337 Volume: 11 Issue: 2 Year: 2026 DOI: 10.31822/jomat.2026-11-2-323 File-URL: https://dergipark.org.tr/en/download/article-file/5319293 File-Format: application/pdf File-URL: https://dergipark.org.tr/en/pub/jomat/article/1801107 File-Format: text/html Handle: RePEc:cus:jomat1:v:11:y:2026:i:2:p:323-337 Template-Type: ReDIF-Article 1.0 Author-Name: Gülsüm Akarsu Author-Workplace-Name: Ondokuz Mayıs Üniversitesi Title: Tourism's Impact on Energy Efficiency: A Panel Data Analysis Abstract: Countries have continued to focus on the issues related to the energy crisis, climate change, and the transition to a low-carbon economy. Energy consumption is essential for countries' economic growth as energy provides various services for industrial, residential, and transportation sectors. However, heavy use of fossil fuels may cause many environmental problems and climate change. This dilemma forces countries to implement various policies. Policies implemented for energy efficiency improvement form one avenue to reach climate change mitigation and environmental goals, ensure sustainable economic development and transition to a low-emission regime. This study employs energy and carbon intensity as indicators to evaluate energy efficiency. As economies grow, structural shifts may occur from heavy industry to service sector. This may lead to lower energy consumption. However, the service sector may provide more job opportunities, leading to higher living standards, per capita national income, and energy consumption. Energy intensity may increase as a result of structural economic transformation. As part of the service sector, tourism may contribute to the transition to a low-carbon economy. Therefore, based on panel data techniques, this study aims to analyze the tourism sector’s impact on energy and carbon intensities using data on 23 countries over 2013-2020. Findings show the importance of energy efficiency improvements in the tourism sector to reduce economies' energy intensity and carbon intensity. In conclusion, countries should implement various policies to strengthen energy efficiency improvements in all industries while giving special attention to tourism. Classification-JEL: Q43, Q54, Z3 Keywords: Energy intensity, Carbon intensity, Tourism, Panel data analysis Journal: Journal of Multidisciplinary Academic Tourism Pages: 263-276 Volume: 10 Issue: 3 Year: 2025 DOI: 10.31822/jomat.2025-10-3-263 File-URL: https://dergipark.org.tr/en/download/article-file/4276439 File-Format: application/pdf File-URL: https://dergipark.org.tr/en/pub/jomat/article/1564406 File-Format: text/html Handle: RePEc:cus:jomat1:v:10:y:2025:i:3:p:263-276 Template-Type: ReDIF-Article 1.0 Author-Name: Erkam Emin Ayvaz Author-Workplace-Name: ERCİYES ÜNİVERSİTESİ Author-Name: Mevlüt Üzülmez Author-Workplace-Name: ERCIYES UNIVERSITY Author-Name: Didem Erşen Author-Workplace-Name: ERCIYES UNIVERSITY Author-Name: Hicran Ergen Author-Workplace-Name: ANTALYA BILIM UNIVERSITY Title: Interaction between air transportation, tourism and CO2 emissions: The panel ARDL approach Abstract: The tourism sector is directly linked to air transportation, with air travel accounting for a large share of global travel demand. However, air transportation increases environmental impacts and poses a significant threat to sustainability due to its high carbon emissions. In this context, the relationship between tourism and air transportation is a critical area that requires the development of policies and practices to reduce the carbon footprint. This study investigates the dynamic link among tourism, air transportation and CO2 emissions for the period 1995-2019 in 10 Mediterranean countries. To investigate the relationship between our variables, autoregressive distributed lag approach is used. According to ARDL long run estimations, it is stated that the increase air transportation increases the CO2 emissions. Similar to air transportation, increase in tourism and economic growth results in an increase in CO2 emissions. Finally, causality test of Dumitrescu and Hurlin is applied. Causality results stated 2 causalities between variables. There are unidirectional causalities from CO2 emissions to air transportation and from tourism to CO2 emissions. Also, policy and further research implications are discussed regard to selected countries. Classification-JEL: L93, Q53, Z3 Keywords: CO2 Emissions, Air Transportation, Tourism, ARDL, Mediterranean countries Journal: Journal of Multidisciplinary Academic Tourism Pages: 297-313 Volume: 10 Issue: 3 Year: 2025 DOI: 10.31822/jomat.2025-10-3-297 File-URL: https://dergipark.org.tr/en/download/article-file/4238502 File-Format: application/pdf File-URL: https://dergipark.org.tr/en/pub/jomat/article/1555524 File-Format: text/html Handle: RePEc:cus:jomat1:v:10:y:2025:i:3:p:297-313 Template-Type: ReDIF-Article 1.0 Author-Name: Collins Dodzi Dzitse Author-Workplace-Name: University of Cape Coast Title: Towards sustainable livelihoods: A study of the contributions and challenges in tourism handicraft trade in Ghana Abstract: This study explores the dynamics of tourism handicraft trade in Ghana, shedding light on the contributions and challenges faced by individuals engaged in this economic activity. Drawing on the Sustainable Livelihood Framework and Principles of Pro-Poor Tourism, this study investigates how tourism handicraft trade serves as a multidimensional source of livelihood, impacting social, economic, and physical capital. Employing a qualitative research approach, this study collected data from 22 tourism handicraft traders in Cape Coast, Ghana, through in-depth interviews. This study reveals the transformative role of handicraft trade in advancing economic and educational opportunities and underscores tangible assets and financial resources as pivotal for sustainability. By embracing Pro-Poor Tourism principles, handicraft trade has emerged as an essential means of poverty reduction, livelihood improvement, and sustainable development, fostering social networks and cultural exchanges. However, persistent financial challenges necessitate external support, especially during off-seasons, financial stress, and increased costs. The study concludes with an emphasis on consistent stakeholders’ support, highlighting the need to navigate financial constraints and seasonal fluctuations to ensure the long-term sustainability of handicraft trade and livelihood support in the Cape Coast Metropolis and Ghana. Classification-JEL: O15, O18, Z3 Keywords: Sustaining livelihoods, Tourism, Handicraft trade, Ghana, Pro-poor tourism Journal: Journal of Multidisciplinary Academic Tourism Pages: 95-109 Volume: 10 Issue: 1 Year: 2025 DOI: 10.31822/jomat.2025-10-1-95 File-URL: https://dergipark.org.tr/en/download/article-file/3651723 File-Format: application/pdf File-URL: https://dergipark.org.tr/en/pub/jomat/article/1417670 File-Format: text/html Handle: RePEc:cus:jomat1:v:10:y:2025:i:1:p:95-109 Template-Type: ReDIF-Article 1.0 Author-Name: Burcu Koç Author-Workplace-Name: PAMUKKALE ÜNİVERSİTESİ, TURİZM FAKÜLTESİ Title: Women entrepreneurs in Türkiye’s hospitality sector: Motivational drivers, challenges, and resilience Abstract: This qualitative study investigated women’s motivations for becoming entrepreneurs, the challenges they face, and the factors giving them the resilience to overcome these difficulties. Data were collected from 10 women entrepreneurs in Türkiye’s hospitality sector. The data analysis identified six main entrepreneurial motivations: (1) proving themselves professionally; (2) being recognized socially; (3) increasing income and family well-being, and ensuring that their children have a better future, including the chance to inherit a sound business; (4) demonstrating their entrepreneurial abilities, making their mark on the hospitality sector and society generally; (5) responding to previous negative workplace experiences and burnout, and using their work experience to develop their own business; and (6) enjoying the excitement from using the entrepreneurial abilities recognized by their friends and family. Witnessing the entrepreneurial successes of close relatives is another source of encouragement for women. The participants also reported a number of challenges, particularly lack of financial support; the harmful effect of dealing with debt on their social life and work-life balance; gender prejudices; unfair competitive practices of large businesses; lack of qualified workers; problems maintaining their supply chain; feeling obliged to behave in a masculine manner to assert their authority; unjustified criticisms from customers; high taxes; and drawn-out legal processes. Additionally, several factors were found to increase women entrepreneurs' resilience against challenges: conducting an identity-based struggle; maintaining their professional stability; sustaining a habitual initiative; continuing their business to avoid experiencing a sense of failure; drawing on the maternal role, a strong sense of responsibility, and social support to maintain emotional resilience; and utilizing the accumulated knowledge from previous training and experience in entrepreneurship. Finally, the findings showed that family members are frequently involved in business operations, highlighting the critical role of family support for women entrepreneurs’ success. Classification-JEL: J16, L26, Z3 Keywords: women entrepreneurs, motivational drivers, challenges, resilience, hospitality sector, Türkiye Journal: Journal of Multidisciplinary Academic Tourism Pages: 289-307 Volume: 11 Issue: 2 Year: 2026 DOI: 10.31822/jomat.2026-11-2-289 File-URL: https://dergipark.org.tr/en/download/article-file/5396893 File-Format: application/pdf File-URL: https://dergipark.org.tr/en/pub/jomat/article/1818501 File-Format: text/html Handle: RePEc:cus:jomat1:v:11:y:2026:i:2:p:289-307