Tourism is considered as one of the strongest determinants of economic growth and it has its multifaceted impacts on the economy of the host country. This paper aims to identify the tourism led growth hypothesis for a panel of Asian and European countries. The results of the panel unit root...

We examine the effect of macroeconomic stability, transparent government policies, and anti-monopoly policies on financial market development using extensive panel data of 113 countries over the period 2007 to 2017. By applying ARDL-PMG and controlling for GDP, trade openness, and market size,...