This paper investigates the causal link between foreign direct investment and tourism in India by employing the Granger … causality test under a VAR framework. A one-way causality link is found from foreign direct investment to tourism in India. This … evidence once again adds to the need for appropriate policies and plans to further expand and develop tourism given that FDI …

With the growing recognition of tourism as a source of employment generating growth in the country, improved … understanding of what tourism is, its role in the economy and its relationship to other parts of the economy is important. The … Tourism Satellite Account (TSA) is a new framework recently adopted by the United Nations Statistical Commission that provides …