Artikel
The relationship between tourism, financial development and economic growth in India
This study investigates relationship between tourism and economic growth in India by considering the relative importance of financial development over the period of 1960-2014. The results of newly-developed Bayer and Hanck combined test indicate that tourism, economic growth and financial development are cointegrated. It is shown that the inbound tourism spurs economic growth in India both in long-run and short-run. In addition, the analysis indicates the presence of a long-run one-way Granger-causation running from tourism to economic growth. It is suggested that policies for attracting more international tourists should be promoted.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Future Business Journal ; ISSN: 2314-7210 ; Volume: 3 ; Year: 2017 ; Issue: 1 ; Pages: 9-22 ; Amsterdam: Elsevier
- Klassifikation
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Management
- Thema
-
ARDL model
Bayer and Hanck model
Economic growth
India
Variance decomposition
VECM
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ohlan, Ramphul
- Ereignis
-
Veröffentlichung
- (wer)
-
Elsevier
- (wo)
-
Amsterdam
- (wann)
-
2017
- DOI
-
doi:10.1016/j.fbj.2017.01.003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Ohlan, Ramphul
- Elsevier
Entstanden
- 2017
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