Tourism and Economic Growth: African Evidence from Panel Vector Autoregressive Framework

Boopen Seetanah, Kesseven Padachi and Sawkut Rojid

No wp-2011-033, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990-2006. Results from the study confirm tourism to be an important ingredient of African development although private investment, openness, and human capital remain the main drivers. Further analysis reveals the existence of a reverse causation from national income to tourism development, thus confirming both tourism-led economic development and economic-driven tourism growth.

Keywords: Economic development; Human capital; Investments; Panel analysis; Tourism (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/wp2011-033.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:unu:wpaper:wp-2011-033

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().