Estimating the tourism-led growth hypothesis : a case study of the Middle East countries

Usama Al-mulali; Hassan Gholipour Fereidouni; Janice Y. M. Lee; Abdul Hakim Mohammed

doi:10.1080/13032917.2013.843467

Estimating the tourism-led growth hypothesis : a case study of the Middle East countries

Usama Al-mulali, Hassan Gholipour Fereidouni, Janice Y. M. Lee, Abdul Hakim Mohammed

Western Sydney University

Research output: Contribution to journal › Article › peer-review

48 Citations (Scopus)

Abstract

The study examines tourism-led growth hypothesis in the Middle East. A panel gross domestic product (GDP) model is used taking the period of 1985- 2012. The results from the Pedroni cointegration test indicated that tourism receipt (TR) is cointegrated with GDP growth (GDP). The dynamic ordinary least-squares test results revealed that TR has a positive long-run effect on GDP in the investigated countries. Moreover, the results from the Granger causality test showed that TR has a positive causal relationship with GDP. Moreover, the results also concluded that the increase in GDP, total trade, and the depreciation of the local currency are essential to promote tourism expansion. From the results, a number of recommendations were provided to increase the tourism expansion of the examined countries.

Original language	English
Pages (from-to)	290-298
Number of pages	9
Journal	Anatolia
Volume	25
Issue number	2
DOIs	https://doi.org/10.1080/13032917.2013.843467
Publication status	Published - 2014

Keywords

Middle East
economic development
tourism

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/13032917.2013.843467

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abstract = "The study examines tourism-led growth hypothesis in the Middle East. A panel gross domestic product (GDP) model is used taking the period of 1985- 2012. The results from the Pedroni cointegration test indicated that tourism receipt (TR) is cointegrated with GDP growth (GDP). The dynamic ordinary least-squares test results revealed that TR has a positive long-run effect on GDP in the investigated countries. Moreover, the results from the Granger causality test showed that TR has a positive causal relationship with GDP. Moreover, the results also concluded that the increase in GDP, total trade, and the depreciation of the local currency are essential to promote tourism expansion. From the results, a number of recommendations were provided to increase the tourism expansion of the examined countries.",

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AU - Mohammed, Abdul Hakim

PY - 2014

Y1 - 2014

N2 - The study examines tourism-led growth hypothesis in the Middle East. A panel gross domestic product (GDP) model is used taking the period of 1985- 2012. The results from the Pedroni cointegration test indicated that tourism receipt (TR) is cointegrated with GDP growth (GDP). The dynamic ordinary least-squares test results revealed that TR has a positive long-run effect on GDP in the investigated countries. Moreover, the results from the Granger causality test showed that TR has a positive causal relationship with GDP. Moreover, the results also concluded that the increase in GDP, total trade, and the depreciation of the local currency are essential to promote tourism expansion. From the results, a number of recommendations were provided to increase the tourism expansion of the examined countries.

AB - The study examines tourism-led growth hypothesis in the Middle East. A panel gross domestic product (GDP) model is used taking the period of 1985- 2012. The results from the Pedroni cointegration test indicated that tourism receipt (TR) is cointegrated with GDP growth (GDP). The dynamic ordinary least-squares test results revealed that TR has a positive long-run effect on GDP in the investigated countries. Moreover, the results from the Granger causality test showed that TR has a positive causal relationship with GDP. Moreover, the results also concluded that the increase in GDP, total trade, and the depreciation of the local currency are essential to promote tourism expansion. From the results, a number of recommendations were provided to increase the tourism expansion of the examined countries.

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KW - economic development

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EP - 298

JO - Anatolia

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ER -

Estimating the tourism-led growth hypothesis : a case study of the Middle East countries

Abstract

Keywords

UN SDGs

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