IDEAS home Printed from https://ideas.repec.org/a/ids/ijicbm/v4y2011i3p347-355.html
   My bibliography  Save this article

Examining tourism-led growth hypothesis for India

Author

Listed:
  • Sajal Ghosh

Abstract

The impact of international tourism on a country's economic growth has attracted a great deal of attention among economists and policy makers. This study probes tourism-led growth (TLG) hypothesis for India employing bounds test and Johansen approaches of cointegration using annual data for the time span from 1980 to 2006 in a multivariate framework. Empirical results reveal the absence of a long-term equilibrium relationship between international tourist arrivals and economic activity in India. It also fails to establish any short-run relationship between international tourist arrivals and economic growth in an unrestricted vector autoregression framework. Thus, this study rejects TLG hypothesis for India.

Suggested Citation

  • Sajal Ghosh, 2011. "Examining tourism-led growth hypothesis for India," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 4(3), pages 347-355.
    • Handle: RePEc:ids:ijicbm:v:4:y:2011:i:3:p:347-355
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=40169
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Balsalobre-Lorente, Daniel & Driha, Oana M. & Sinha, Avik, 2020. "The dynamic effects of globalization process in analysing N-shaped tourism led growth hypothesis," MPRA Paper 100078, University Library of Munich, Germany.
    2. Aydin, Mucahit, 2022. "The impacts of political stability, renewable energy consumption, and economic growth on tourism in Turkey: New evidence from Fourier Bootstrap ARDL approach," Renewable Energy, Elsevier, vol. 190(C), pages 467-473.
    3. Tang, Chor Foon & Aviral Kumar, Tiwari & Shahbaz, Muhammad, 2016. "Dynamic Inter-relationships among tourism, economic growth and energy consumption in India," MPRA Paper 69848, University Library of Munich, Germany, revised 04 Mar 2016.
    4. Tang, Chor Foon & Tan, Eu Chye, 2013. "How stable is the tourism-led growth hypothesis in Malaysia? Evidence from disaggregated tourism markets," Tourism Management, Elsevier, vol. 37(C), pages 52-57.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijicbm:v:4:y:2011:i:3:p:347-355. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=235 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.