Is tourism a catalyst of growth in Egypt? evidence from granger non-causality and the generalised variance decomposition analysis

dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; Tang, Chor Foon -- 0000-0003-2242-9222
dc.contributor.authorTang, Chor Foon
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:27:53Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:27:53Z
dc.date.issued2017
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000401978100003en_US
dc.description.abstractThis study attempts to analyze the role of tourism in economic growth in Egypt over the period of 1982-2011. Our empirical results reveal that economic growth, tourism, and capital stock are cointegrated. The results of TYDL causality tests indicate that tourism and economic growth is bi-directional causality. Furthermore, we find that that tourism explained most of the variation in economic growth, especially in the long-run. Therefore, we conclude that the tourism-led growth hypothesis is valid and tourism expansion would effectively stimulate long-term economic growth in Egypt. As a policy implication, Egypt should improve its economic growth performance by strategically improving the contribution of the tourism industry.en_US
dc.identifier.doi10.1080/13032917.2017.1283635
dc.identifier.endpage181en_US
dc.identifier.issn1303-2917
dc.identifier.issn2156-6909
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85011636343
dc.identifier.scopusqualityQ1
dc.identifier.startpage173en_US
dc.identifier.urihttps://doi.org/10.1080/13032917.2017.1283635
dc.identifier.urihttps://hdl.handle.net/20.500.12507/522
dc.identifier.volume28en_US
dc.identifier.wosWOS:000401978100003
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherroutledge journals, taylor & francıs ltden_US
dc.relation.ispartofAnatolıa-İnternatıonal Journal of Tourısm and Hospıtalıty Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectTourism-Led Growthen_US
dc.subjectEconomic Growthen_US
dc.subjectCausalityen_US
dc.subjectEgypten_US
dc.subjectVariance Decompositionen_US
dc.titleIs tourism a catalyst of growth in Egypt? evidence from granger non-causality and the generalised variance decomposition analysis
dc.typeArticle

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