Exploring the Nexus between Information and Communications Technology, Tourism and Growth in Fiji
Ronald Kumar and
Radika Kumar
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Radika Kumar: Department of International Affairs and Trade, Ministry of Foreign Affairs and International Cooperation, Government of the Republic of Fiji Islands, Fiji
Tourism Economics, 2012, vol. 18, issue 2, 359-371
Abstract:
With annual data for the period 1980–2008, the authors explore the nexus between information and communications technology (ICT), tourism and growth in Fiji's economy. A growth equation estimation using the bounds test shows that tourism contributes about 0.23% in the long run and 0.19% in the short run, and ICT contributions are 1.07% and 0.89%, respectively. The Granger causality test reveals a unidirectional causality going from capital stock to ICT, ICT to tourism and real per capita GDP to tourism. Hence, the study finds that ICT investment and tourism market development are crucial for Fiji's growth and development.
Keywords: tourism development; ICT; economic growth; bounds test; Granger causality; Fiji (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:18:y:2012:i:2:p:359-371
DOI: 10.5367/te.2012.0117
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