Current Issues in Economics and Finance 2017
DOI: 10.1007/978-981-10-5810-3_6
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Causality Between Exports and GDP: An Empirical Evidence from BIMSTEC Region

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Cited by 5 publications
(9 citation statements)
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“…Results show that unidirectional causality exits from FDI to tourism as well as from exchange rate to tourism in the short run. Alam et al (2016), Kaur and Sarin (2016), and Siddiqui and Siddiqui (2019) also found unidirectional causality from FDI to tourism. Results of asymmetric Granger causality test show that unidirectional causality exists from tourism to partial positive sum of FDI and partial negative sum of exchange rate.…”
Section: Results Of Panel Linear Ardl (Model-i) Of Combine Effectsmentioning
confidence: 93%
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“…Results show that unidirectional causality exits from FDI to tourism as well as from exchange rate to tourism in the short run. Alam et al (2016), Kaur and Sarin (2016), and Siddiqui and Siddiqui (2019) also found unidirectional causality from FDI to tourism. Results of asymmetric Granger causality test show that unidirectional causality exists from tourism to partial positive sum of FDI and partial negative sum of exchange rate.…”
Section: Results Of Panel Linear Ardl (Model-i) Of Combine Effectsmentioning
confidence: 93%
“…Literature provides mix evidence on the link among FDI and tourism. A positive relationship between FDI and tourism has been found by number of previous researchers (Alam et al, 2015(Alam et al, , 2016Chen, 2017;Craigwell & Moore, 2007;Katricioglu, 2011;Kaur & Sarin, 2016;Kumar, 2014;Nunkoo & Seetanah, 2018;Ohlan, 2017;Othman et al, 2012;Perić & Radıć, 2015;Ravinthirakumaran et al, 2019;Salleh et al, 2015;Samimi et al, 2013;Satrovic & Muslija, 2018). On the other hand, few studies found negative relationship between FDI and tourism (Jing et al, 2018;Khoshnevis Yazdi et al, 2017;Petanlar et al, 2016), while Siddiqui and Siddiqui (2019) found no relationship between FDI and tourism.…”
Section: Introductionmentioning
confidence: 91%
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“…However, creating a spill over effect with mounting problems of environmental depletion, destruction of biodiversity and cultural dilution apart from unequal economic opportunities (Devi & Upadhyay, 2020; Mihalic, 2020; Lekgau & Tichaawa, 2020). Indian Tourism industry is thriving with continuously growing foreign tourists with a robust growth rate of 5.93%, boosting 33% of foreign exchange earnings (Sivakami & Bindu, 2020) and economic opportunities to overcome regional disparities fulfilling UN Sustainable Development Goals (Kaur & Sarin, 2016).…”
Section: Introductionmentioning
confidence: 99%