Selvanathan, Saroja; Selvanathan, E.A.; Viswanathan, Brinda - East Asian Bureau of Economic Research (EABER) - 2009
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...