Tourism and Economic Growth: The Case of Singapore

Chew Ging Lee ^[1]
1. [1] University of Nottingham Malaysia Campus
  
  University of Nottingham Malaysia Campus
  
  MY.12.1735173.1734798, Malasia
Localización: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES, ISSN 1578-4460, Vol. 8, Nº. 1, 2008, págs. 89-98
Idioma: inglés
Enlaces
- Texto completo (pdf)

Resumen
- This paper investigates the long-run and the short-run dynamics between tourism and economic growth in Singapore. Using the bounds test developed by Pesaran et al. (2001), cointegrating relationship between tourism and economic growth is not found. The standard Granger causality test reveals that there is a unidirectional Granger causality from economic growth to tourism. This study provides evidence to support growth-led tourism hypothesis.