Tourism, Exports and FDI as a Means of Growth: Evidence from four Asian Countries

Aviral Tiwari

Romanian Economic Journal, 2011, vol. 14, issue 40, 131-151

Abstract: This study examines the impact of tourism receipts, exports and foreign direct investment on economic growth on four ASIAN countries namely India, China, Pakistan and Russia. By employing Panel ordinary least squares estimation technique in log linear model, study finds that the tourism has positive impact and FDI has negative impact on economic growth in four ASIAN while impact of exports of goods and services on economic growth is inconclusive. In addition to that, we find that human capital and physical capital have positive impact on economic growth of these countries.

Keywords: Tourism; FDI; Exports; Economic Growth; ASIAN countries (search for similar items in EconPapers)
JEL-codes: C33 L83 O15 O49 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:rej:journl:v:14:y:2011:i:40:p:131-151

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