A Reassessment of Tourism-Exports Led Growth Hypothesis in Africa

Kareem, Olayinka Idowu

doi:10.11634/216837861302359

Cited by 19 publications

(12 citation statements)

References 20 publications

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“…The test results revealed a bidirectional causality between tourism and economic growth. Kareem (2013) carried out a study on 30 African countries to assess the contribution of tourism to economic growth. The research utilized the GMM approach to analyze annual data on real GDP, gross capital formation, labor, final consumption expenditure of tourists, number of tourist arrival, and energy consumption during 1990-2011.…”

Section: Feedback Hypothesismentioning

confidence: 99%

Tourism expansion and economic growth in Tanzania: A causality analysis

Kyara

Rahman

Khanam

2021

Heliyon

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After the economic liberalization in mid-2000, Tanzania has assumed that tourism growth spars economic growth due to the consistent significant contribution of tourism sector to the country's annual income. However, there are limited empirical studies that investigated tourism-economic growth relationship in Tanzania. This study aims to investigate an empirical insight into the actual nature of tourism-economic growth in Tanzania by applying the Granger causality and Wald test methods where annual time series data on international tourism receipt, real Gross Domestic Product, and real effective exchange rate over the period 1989-2018 are used. Further, the Impulse Response Function approach is utilized to provide insight into the qualitative nature of the relationships and the length of time necessary for the causal effect to take place. The findings confirm a unidirectional causality from tourism development to economic growth. The study concludes that Tanzania ought to focus on economic strategies that encourage sustainable tourism development as a feasible source of economic growth.

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Section: Feedback Hypothesismentioning

confidence: 99%

Tourism expansion and economic growth in Tanzania: A causality analysis

Kyara

Rahman

Khanam

2021

Heliyon

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“…The relationship between RITRs and economic growth includes much research that attempts to identify the relationship. Many researchers argue that a positive relationship exists between tourism and economic growth (Kareem, 2013;Kumar, Loganathan, Patel, & Kumar, 2015;Lanza, Temple, & Urga, 2003;Lee & Brahmasrene, 2013;Lee & Kwon, 1995;Othman, Salleh, & Sarmidi, 2012;Pavlic et al, 2015;Samimi, Sadeghi, & Sadeghi, 2011;Suresh & Senthilnathan, 2014;Tugcu, 2014;Wu & Wu, 2016;Wu, Wu, Liu, & Hsueh, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Tourism and economic growth in Asia: A bootstrap multivariate panel Granger causality

2018

Journal of Tourism Research

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This work uses a multivariate panel Granger causality test to examine the causal relationship between real international tourism receipts and economic growth in 11 Asian regions for the period from 1995 to 2015, accounting for both dependency and heterogeneity across regions. The results of this study support evidence for the growth hypothesis in the regions, such as Cambodia, China, and Malaysia. A reverse relationship supports evidence on the conservation hypothesis for the regions, such as Hong Kong, Indonesia, the Philippines, and South Korea. A reciprocal causal relationship was found in Macau and Singapore.

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“…Existing studies generally examine the contribution of the agricultural sector and manufacture on exports, compared to the service sector of the economy. Among the few literatures that focus on the services sector, and more specifically in the tourism sector, mostly emphasis on estimation and forecasting tourism demand and income formation through the process multiplier (Kareem, 2013).…”

Section: Introductionmentioning

confidence: 99%

The Relationship Between Numbers of International Tourist Arrivals and Economic Growth in the Asean-8: Panel Data Approach

Anggraeni

2017

JDE

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In an open economy, economic growth is not only supported by international trade but may also be supported through the development of tourism. We can use international tourist arrivals as one of indicators of international tourism. This study aimed to examine the factors that influence international tourist arrivals as well as to analyze the relationship between the number of international tourist arrivals and economic growth in the Southeast Asian regions. This study uses panel data regression to 8 ASEAN countries during the period of 2000 to 2012. The results showed that the variables that identified as the determinant of international tourist arrivals are GDP per capita, secondary education enrollment gross ratio, and life expectancy. Furthermore, the number of international tourist arrivals have a significant effect on economic growth in conform with tourism-led economic growth hypothesis (TLGH). This finding infers that tourism sector could be developed as an effort to increase economic growth.Keywords: International Tourism, Economic Growth, International Tourist Arrivals, TLGH,Panel DataSubject/Object of research: Indonesia, Malaysia, Singapore, Philippines, Thailand, Vietnam,Cambodia, Lao PDR

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A Reassessment of Tourism-Exports Led Growth Hypothesis in Africa

Cited by 19 publications

References 20 publications

Tourism expansion and economic growth in Tanzania: A causality analysis

Tourism expansion and economic growth in Tanzania: A causality analysis

Tourism and economic growth in Asia: A bootstrap multivariate panel Granger causality

The Relationship Between Numbers of International Tourist Arrivals and Economic Growth in the Asean-8: Panel Data Approach

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