Tourism-growth nexus in Pakistan: Evidence from ARDL bounds tests

被引：92

作者：

Jalil, Abdul ^{[1
]}

Mahmood, Tahir ^{[2
]}

Idrees, Muhammad ^{[1
]}

机构：

[1] Quaid I Azam Univ, Sch Econ, Islamabad 45320, Pakistan

[2] Abdul Wali Khan Univ Mardan, Dept Econ, Mardan, Pakistan

来源：

ECONOMIC MODELLING | 2013年 / 35卷

关键词：

Tourism; Economic growth; ARDL bounds tests; Pakistan; ECONOMIC-GROWTH; LONG-RUN; FINANCIAL DEVELOPMENT; INTERNATIONAL-TRADE; EMPIRICAL-EVIDENCE; COINTEGRATION; HYPOTHESIS; OPENNESS; INFLATION; CAUSALITY;

D O I：

10.1016/j.econmod.2013.06.034

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study is an attempt to test the long run relationship between international tourism and economic growth of Pakistan by using Autoregressive Distributed Lag (ARDL) models over the period of 1972 to 2011. The initial results show that the causality runs from tourism to economic growth. Furthermore, the estimated growth regression clearly indicates that the international tourism has a significantly positive impact on the economic growth of Pakistan along with other variables like physical capital and international trade. This implies that the improvement in the tourism sector may enhance the economic growth activities in Pakistan. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：185 / 191

页数：7

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