FOREIGN DIRECT INVESTMENT, TOURISM, ECONOMIC GROWTH AND TRADE: PANEL VECTOR AUTO REGRESSION (VAR) MODEL

被引:0
|
作者
Perovic, Jelena [1 ]
Raicevic, Milica [1 ]
Delibasic, Milica [1 ]
机构
[1] Mediterranean Univ, Fac Econ & Business, Josipa Broza Bb, Podgorica 81000, Montenegro
来源
关键词
Foreign direct investment (FDI); international tourism; economic trade and growth; gross domestic product per capita; VAR model; EMPIRICAL-EVIDENCE; COMPETITIVENESS;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Tourism plays a crucial role in the development and growth of all countries, especially developing ones and it is one of the world's main business and a progressively significant source of investment. The main aim of this research paper is to investigate a long-run relationship and the direction of causality among the open trade, foreign direct investment (FDI), GDP growth, international tourism and number of arrivals using Panel vector autoregression (VAR) models, applied on annual data from 1995 to 2016 for a sample of 19 Mediterranean countries.
引用
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页码:140 / 153
页数:14
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