The aim of this paper is to analyse the relationship between tourism activity and economic growth for Next-11 countries. It is concluded that there is a long run relationship between tourist arrivals and GDP and tourism arrivals has positive effect on GDP growth in N-11 countries. We find that a unidirectional causality from economic growth to tourism is valid confirming Economic Driven Tourism Growth Hypothesis.
Other ID | JA48VV36BD |
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Journal Section | Research Article |
Authors | |
Publication Date | December 1, 2015 |
Published in Issue | Year 2015 Volume: 5 Issue: 4 |