The relationship between international tourism and economic growth: the case of Morocco and Tunisia

Mohamed Bouzahzah and Younesse El Menyari

MPRA Paper from University Library of Munich, Germany

Abstract: This study proposes to examine the impact of tourism activity on the economic growth of Morocco and Tunisia. We contribute here to the empirical literature on the tourism-led growth (TLG) hypothesis, by adopting the error correction model framework, the cointegration and Granger Causality tests between real tourism receipts, real effective exchange rate and economic growth in Morocco and Tunisia, for the annual period 1980-2010; two main results emerge from this analysis. First, contrary to the predictions of the TLG hypothesis, the Granger test results show that this hypothesis is only valid for short-term in the two countries of Maghreb. Second, the results show that in the long term, there is a strong unidirectional causality from economic growth to international tourism receipts.

Keywords: TLG hypothesis; tourism receipts; economic growth; cointegration; Granger causality; Morocco and Tunisia (search for similar items in EconPapers)
JEL-codes: C32 E01 F43 L83 O57 (search for similar items in EconPapers)
Date: 2013-01
New Economics Papers: this item is included in nep-ara, nep-cse, nep-fdg, nep-int and nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:44102

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