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
  • [31] Economic Growth, Exchange Rate and Constrained Competiveness of the Tourism Sector in Andalucia
    Nasir, Muhammad Ali
    Wu, Junjie
    Guerrero, Jose Calderon
    [J]. INTERNATIONAL JOURNAL OF MANAGEMENT AND ECONOMICS, 2015, 48 (01) : 84 - 100
  • [32] Exploring the relationship between exchange rate misalignment uncertainty and economic growth in South Africa
    Buthelezi, Eugene Msizi
    [J]. COGENT ECONOMICS & FINANCE, 2023, 11 (02):
  • [33] Nonlinear relationship between the real exchange rate and economic fundamentals: Evidence from China and Korea
    Tang, Xiaolei
    Zhou, Jizhong
    [J]. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2013, 32 : 304 - 323
  • [34] Impact of environmental quality, real exchange rate and institutional performance on tourism receipts in East-Asia and Pacific region
    Chaudhry, Imran Sharif
    Nazar, Raima
    Ali, Sajid
    Meo, Muhammad Saeed
    Faheem, Muhammad
    [J]. CURRENT ISSUES IN TOURISM, 2022, 25 (04) : 611 - 631
  • [35] Economic growth and real exchange rate misalignments in the European Union
    Kreko, Judit
    Oblath, Gabor
    [J]. ACTA OECONOMICA, 2020, 70 (03) : 297 - 332
  • [36] The real exchange rate and economic growth: a meta-analysis
    Ridhwan, Masagus M. M.
    Ismail, Affandi
    Nijkamp, Peter
    [J]. JOURNAL OF ECONOMIC STUDIES, 2024, 51 (02) : 287 - 318
  • [37] The real exchange rate and economic growth: are developing countries different?
    Rapetti, Martin
    Skott, Peter
    Razmi, Arslan
    [J]. INTERNATIONAL REVIEW OF APPLIED ECONOMICS, 2012, 26 (06) : 735 - 753
  • [38] International tourism and economic growth: the case of Morocco and Tunisia
    Bouzahzah, Mohamed
    El Menyari, Younesse
    [J]. JOURNAL OF NORTH AFRICAN STUDIES, 2013, 18 (04): : 592 - 607
  • [39] China's economic growth and its real exchange rate
    Tyers, Rod
    Golley, Jane
    Bu Yongxiang
    Bain, Iain
    [J]. CHINA ECONOMIC JOURNAL, 2008, 1 (02) : 123 - 145
  • [40] Real Exchange Rate and Economic Growth: New Empirical Evidence
    Missio, Fabricio J.
    Jayme, Frederico G., Jr.
    Britto, Gustavo
    Oreiro, Jose Luis
    [J]. METROECONOMICA, 2015, 66 (04) : 686 - 714