In this paper, we examine the impact of destination risk and currency valuation on the U.S. tourism-growth nexus using … the recently developed nonlinear autoregressive distributed lag cointegration technique. Tourism development is proxied by … causality. Positive shocks in tourism development directly impact growth, while negative shocks in GDP have a negative causal …

tourism stocks to exchange rates. The findings reavel that the association between exchange rates and tourism stocks varies … implications for policymakers, tourism firm executives, investors, and portfolio managers …