Wong, Koi Nyen; Tang, Tuck Cheong - Department of Econometrics and Business Statistics, … - 2008
recognised as one of the most open economies in the world, this study attempts to explore the causality relationships between … tourism, openness to merchandise and services trade. Firstly, the study shows bi-direction causality between international … visitor arrivals to Singapore and openness to merchandise trade. Secondly, there is a unidirectional causality from openness …