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Tourism, trade, and economic growth in India: a frequency-domain analysis of causality

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اقرأ على الانترنت اقرأ أكثر حفظ في قائمتي
  • معلومة اضافية
    • نبذة مختصرة :

      We examine causal relationships among the macroeconomic entities tourism and output dynamics in India, using the frequency–domain causality approach. Our results show that there is a bidirectional causality between openness and tourism as well as between output and tourism, at various frequency bands. Hence, this study suggests a multiplier effect of tourism on the Indian economy.

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