The Relationship between Tourism Receipts, Real Effective Exchange Rate and Economic Growth in Tunisia

被引:156
|
作者
Belloumi, Mounir [1 ]
机构
[1] Inst High Commercial Studies Sousse, Sousse 4054, Tunisia
关键词
tourism receipts; economic growth; cointegration; Granger causality; Tunisia; VECTOR AUTOREGRESSIONS; COINTEGRATION ANALYSIS; TIME-SERIES; UNIT ROOTS; HYPOTHESIS; DEMAND;
D O I
10.1002/jtr.774
中图分类号
F [经济];
学科分类号
02 ;
摘要
The objective of this paper is to analyse the role of tourism in the Tunisian economic growth. We used a trivariate model of real gross domestic product (GDP), real international tourism receipts and real effective exchange rate to discuss the relationship between tourism and economic growth. By using annual data for Tunisia for the period of 1970-2007, our results reveal that there is a cointegrating relationship between tourism and economic growth. In addition, our results for the Granger causality test indicate that tourism has a positive impact on GDP growth unidirectionally. Copyright (C) 2010 John Wiley & Sons, Ltd.
引用
收藏
页码:550 / 560
页数:11
相关论文
共 50 条