CAUSALITY BETWEEN TOURISM EXPORTS AND TRADE OPENNESS: EMPIRICAL ANALYSIS FOR ROMANIAN TOURISM

Camelia Surugiu and Marius-Razvan Surugiu
Additional contact information
Camelia Surugiu: The National Institute for Research and Development in Tourism, Bucharest, Romania
Marius-Razvan Surugiu: The Institute of National Economy Romanian Academy, Bucharest, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2011, vol. 1, issue 17, 100-109

Abstract: This study investigates the causal relationships between tourism exports and trade openness, using the case of Romania. The study applies the unit root test, cointegration procedure and Granger causality test in vector error correction model (VECM), in the attempt to study the direction of the causalities. The results indicate one-way Granger causality, running from trade openness to tourism exports in the case of Romania.

Keywords: tourism; cointegration; VECM; trade openness; exports (search for similar items in EconPapers)
JEL-codes: L83 R15 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://feaa.ucv.ro/RTE/017-14.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2011:i:17:p:100-109

Access Statistics for this article

Revista Tinerilor Economisti (The Young Economists Journal) is currently edited by Ionascu Costel

More articles in Revista Tinerilor Economisti (The Young Economists Journal) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Ionascu Costel ().