Faruk Balli
Biographic Data
| ID | 3985036 |
|---|---|
| NAME | Faruk Balli |
| GIVEN NAMES | Faruk |
| FAMILY NAME | Balli |
| SIGNATURE | BALLI F |
| AFFILIATIONS | Massey University |
| ORCID | 0000-0003-2372-4709 |
| VERIFIED | Yes |
| TOTAL WORKS | 15 |
| TOTAL CITATIONS | 35 |
| WORKS AS AUTHOR | 15 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 4 |
Tourism diversification and income inequality in a developed economy
This study examines the effects of tourism diversification on income inequality in New Zealand, a developed economy highly reliant on international tourism. Rather than assuming a uniform impact of tourism on income distribution, the paper builds on theoretical insights from modernization theory and political economy perspectives to explore how diversification by source markets and travel purposes may produce varying distributional outcomes. Usin…
The Language of Uncertainty
Geopolitical uncertainty is an increasing concern for investors, entrepreneurs, and researchers. Traditional methods of measuring uncertainty often fall short, whereas Artificial Intelligence (AI)‐driven Natural Language Processing (NLP) offers more accurate and competitive options. In this study, we develop a Geopolitical Country‐Specific Uncertainty (GCSU) index for Türkiye by applying the economic policy uncertainty index methodology. Since ge…
The decomposition of tourism demand and tourism receipts
We examine the effect of the decomposition of tourist demand on tourism receipts. We find that tourists from OECD economies or from countries that have strong trade connections with the host economy tend to spend more money in emerging economies. However, tourists from countries that have sociocultural or geographic linkages, such as sharing the same border, having the same religion or language, or have the same ethnicity as those in the host cou…
How important are prices in long-haul travel? Evidence from New Zealand
Tourism demand theory postulates that tourists’ incomes, prices in destination countries, and prices in tourists’ countries of origin are key determinants of tourism demand—but must this hold for long-haul travel? We find the answer to be no. By analyzing three international tourist archetypes arriving in New Zealand, a remote island nation, from seven countries, we demonstrate that neither incomes nor prices affect tourism demand in the short ru…
Measuring economic country-specific uncertainty in Türkiye
In this paper, a new measure for uncertainty that affects the economy is proposed, constructed, and applied to an emerging economy, Türkiye. We have constructed an index of economic country-specific uncertainty (ECSU) that is in line with the methodology used in constructing economic policy uncertainty indexes. As the economic uncertainty is of the Knightian type, the essence of measuring it lies in counting the frequency of joint appearances of …
Emigrants’ visit home and remittance inflows nexus
Immigrants have created better living standards by emigrating, and they also contribute to their homeland in one of two ways: by visiting as tourists or by sending remittances back home. In this paper, we examine the nexus between these two crucial channels: remittance inflows and emigrants' visits home. We model the emigrants' visits back home and show that remittances inflows per emigrant have a strong impact on emigrants' visits home. However,…
Impact of the Russia–Ukraine war on hospitality equity markets
This study explores the impact of the Russian–Ukraine war on the hospitality equity sector market for the selected 26 countries. It reveals a sharp spike in the return connectivity at the onset of the war. The return of the sector materializes more sensitivity when tourism demand from Russia and Ukraine is more extensive and when a country has a higher energy dependency on Russia. Overall results consistently stipulate the aspect of the efficient…
Spillovers from tourism demand to tourism equity indices
In this article, we analyse the extent of the spillover from international tourism demand on tourism sector equity indices and find that the magnitude of the spillovers are quite dispersed across different markets, which is in line with previous studies. Novel to the literature, we examine the impact of solvency and profitability positions of the firms in the tourism equity indices on evaluating the magnitude of the spillovers from tourism demand…
A new perspective on the linkages between tourism demand and business cycles
The data that support the findings of this study are publicly available at https://fred.stlouisfed.org and http://infoshare.stats.govt.nz/default.aspx?AspxAutoDetectCookieSupport=1
Immigration and regional housing markets
The study examines the relationship between immigration and regional housing markets using wavelet coherence analysis in conjunction with Granger causality tests. We find that while there are some regional differences in the relationships, the impact of immigration on house rents is consistently more pronounced than the impact on house prices and, in the short to medium term, an increase in immigration leads to a decrease in price-to-rent ratios.…
Risk Sharing and Institutional Quality
In this paper, we investigate the impact of institutional quality on risk sharing across Organisation for Economic Co‐operation and Development (OECD) and emerging economies ( EME s). It has been found that the quality of institutions and risk sharing are significantly interrelated among OECD members (mostly through credit market channel), but not for the EMEs. Our results are consistent when we control for pre‐ and post‐ GFC periods. The reason …
A tale of two shocks
The impacts of immigrants and institutions on bilateral tourism flows
Inter-regional spillover effects in New Zealand international tourism demand
In this paper, we have investigated the linkages between the international tourism demands across tourism regions in New Zealand. The big portion of the international tourists is visiting the big hubs of the New Zealand (namely, Auckland, Wellington and Christchurch). However, big bulks of the tourists are also visiting the other parts of New Zealand as well. However, it is not certain whether the tourists visiting other regions are spilled over …
Impacts of exported Turkish soap operas and visa-free entry on inbound tourism to Turkey
The impacts of immigrants and institutions on bilateral tourism flows
Inter-regional spillover effects in New Zealand international tourism demand
In this paper, we have investigated the linkages between the international tourism demands across tourism regions in New Zealand. The big portion of the international tourists is visiting the big hubs of the New Zealand (namely, Auckland, Wellington and Christchurch). However, big bulks of the tourists are also visiting the other parts of New Zealand as well. However, it is not certain whether the tourists visiting other regions are spilled over …
Impacts of exported Turkish soap operas and visa-free entry on inbound tourism to Turkey
A tale of two shocks
Risk Sharing and Institutional Quality
In this paper, we investigate the impact of institutional quality on risk sharing across Organisation for Economic Co‐operation and Development (OECD) and emerging economies ( EME s). It has been found that the quality of institutions and risk sharing are significantly interrelated among OECD members (mostly through credit market channel), but not for the EMEs. Our results are consistent when we control for pre‐ and post‐ GFC periods. The reason …
Impacts of exported Turkish soap operas and visa-free entry on inbound tourism to Turkey
Inter-regional spillover effects in New Zealand international tourism demand
In this paper, we have investigated the linkages between the international tourism demands across tourism regions in New Zealand. The big portion of the international tourists is visiting the big hubs of the New Zealand (namely, Auckland, Wellington and Christchurch). However, big bulks of the tourists are also visiting the other parts of New Zealand as well. However, it is not certain whether the tourists visiting other regions are spilled over …
The impacts of immigrants and institutions on bilateral tourism flows
A tale of two shocks
Risk Sharing and Institutional Quality
In this paper, we investigate the impact of institutional quality on risk sharing across Organisation for Economic Co‐operation and Development (OECD) and emerging economies ( EME s). It has been found that the quality of institutions and risk sharing are significantly interrelated among OECD members (mostly through credit market channel), but not for the EMEs. Our results are consistent when we control for pre‐ and post‐ GFC periods. The reason …
Immigration and regional housing markets
The study examines the relationship between immigration and regional housing markets using wavelet coherence analysis in conjunction with Granger causality tests. We find that while there are some regional differences in the relationships, the impact of immigration on house rents is consistently more pronounced than the impact on house prices and, in the short to medium term, an increase in immigration leads to a decrease in price-to-rent ratios.…
Spillovers from tourism demand to tourism equity indices
In this article, we analyse the extent of the spillover from international tourism demand on tourism sector equity indices and find that the magnitude of the spillovers are quite dispersed across different markets, which is in line with previous studies. Novel to the literature, we examine the impact of solvency and profitability positions of the firms in the tourism equity indices on evaluating the magnitude of the spillovers from tourism demand…
A new perspective on the linkages between tourism demand and business cycles
The data that support the findings of this study are publicly available at https://fred.stlouisfed.org and http://infoshare.stats.govt.nz/default.aspx?AspxAutoDetectCookieSupport=1
Emigrants’ visit home and remittance inflows nexus
Immigrants have created better living standards by emigrating, and they also contribute to their homeland in one of two ways: by visiting as tourists or by sending remittances back home. In this paper, we examine the nexus between these two crucial channels: remittance inflows and emigrants' visits home. We model the emigrants' visits back home and show that remittances inflows per emigrant have a strong impact on emigrants' visits home. However,…
Impact of the Russia–Ukraine war on hospitality equity markets
This study explores the impact of the Russian–Ukraine war on the hospitality equity sector market for the selected 26 countries. It reveals a sharp spike in the return connectivity at the onset of the war. The return of the sector materializes more sensitivity when tourism demand from Russia and Ukraine is more extensive and when a country has a higher energy dependency on Russia. Overall results consistently stipulate the aspect of the efficient…
The decomposition of tourism demand and tourism receipts
We examine the effect of the decomposition of tourist demand on tourism receipts. We find that tourists from OECD economies or from countries that have strong trade connections with the host economy tend to spend more money in emerging economies. However, tourists from countries that have sociocultural or geographic linkages, such as sharing the same border, having the same religion or language, or have the same ethnicity as those in the host cou…
How important are prices in long-haul travel? Evidence from New Zealand
Tourism demand theory postulates that tourists’ incomes, prices in destination countries, and prices in tourists’ countries of origin are key determinants of tourism demand—but must this hold for long-haul travel? We find the answer to be no. By analyzing three international tourist archetypes arriving in New Zealand, a remote island nation, from seven countries, we demonstrate that neither incomes nor prices affect tourism demand in the short ru…
Measuring economic country-specific uncertainty in Türkiye
In this paper, a new measure for uncertainty that affects the economy is proposed, constructed, and applied to an emerging economy, Türkiye. We have constructed an index of economic country-specific uncertainty (ECSU) that is in line with the methodology used in constructing economic policy uncertainty indexes. As the economic uncertainty is of the Knightian type, the essence of measuring it lies in counting the frequency of joint appearances of …
Tourism diversification and income inequality in a developed economy
This study examines the effects of tourism diversification on income inequality in New Zealand, a developed economy highly reliant on international tourism. Rather than assuming a uniform impact of tourism on income distribution, the paper builds on theoretical insights from modernization theory and political economy perspectives to explore how diversification by source markets and travel purposes may produce varying distributional outcomes. Usin…
The Language of Uncertainty
Geopolitical uncertainty is an increasing concern for investors, entrepreneurs, and researchers. Traditional methods of measuring uncertainty often fall short, whereas Artificial Intelligence (AI)‐driven Natural Language Processing (NLP) offers more accurate and competitive options. In this study, we develop a Geopolitical Country‐Specific Uncertainty (GCSU) index for Türkiye by applying the economic policy uncertainty index methodology. Since ge…
Economics (13 works) · Tourism (10 works) · Business (9 works) · Geography (8 works) · Diverse Aspects of Tourism Research (7 works) · Market Dynamics and Volatility (6 works) · Political science (5 works) · Demographic economics (3 works) · Destinations (3 works) · Energy, Environment, Economic Growth (3 works)