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Tourism is one of the growing industries in Sri Lanka in the post war development. Its contribution to the Sri Lankan … growth and tourism earning in Sri Lanka during 1977-2012. This study employs Granger Causality tests using annual time series … data to analyze the presence and direction of causality between economic growth and tourism earnings. The unit root test is …
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Tourism income is one of the important segments that contribute to the Sri Lankan economy. Recent trends of Sri Lankan … contribution. Island economies such as Bahamas and Maldives secures half of their government revenue from tourism where in Sri … Lanka it remains at the fifth place in terms of foreign revenue earning items. Equally, of those economies where tourism is …
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In Sri Lanka, tourism has been identified as the third largest and fastest growing source of foreign currency in 2018 … domestic product in 2018. Tourism industry is a key element which accelerates the economic growth by earning high foreign … investigates the impact of between tourism sector on economic growth by employing Augmented Dickey Fuller’s unit root test …
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Nowadays, policy makers believe that the tourism is a positive tool for economic growth of nations because which helps … study was to test the nexus between the tourism earnings and the gross domestic product in Sri Lanka. To test this nexus …, tourism earning, and inflation rate were considered as independent variables. Based on the regression outcomes, this study …
Persistent link: https://www.econbiz.de/10012949668
Tourism is regarded as a dynamic economic industry in the world, specifically for developing countries like Sri Lanka … of Sri Lanka and World Bank were used in this study. GDP is measured by US$ millions', ITA by the amount of tourism …
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