IDEAS home Printed from https://ideas.repec.org/a/srs/jarle0/v5y2014i1p44-51.html
   My bibliography  Save this article

The Relationship between Tourism and Economic Development in the Greater Mekong Sub Region Panel Cointegration and Granger Causality

Author

Listed:
  • Sakkarin NONTHAPOT

    (Indo China Country International Trade and Economic Research Sector Faculty of Integrated Social Sciences Khon Kaen University Nong Khai Campus Thailand)

Abstract

This paper examines the causal relationship between tourism and economic development Tourism is considered in two ways number of international tourist arrivals and tourism receipts The data are collected from the five Greater Mekong Sub region GMS countries i e Myanmar Cambodia Lao PDR Thailand and Vietnam and the Yunnan and Guangxi provinces of China The sample period is semi annual data from 2000 to 2012 and is also estimated by a panel data approach This study finds a long run relationship is unidirectional running from the number of international tourist arrivals to economic development and from economic development to tourism receipts The short run causality is unidirectional running from the international tourist arrivals to economic development only This study suggests that the GMS countries should concentrate on tourism marketing promotion and expand economic development especially in tourism investment such as enhancing the tourism and hotel industry to meet international standard for tourism sustainability as an entire region

Suggested Citation

  • Sakkarin NONTHAPOT, 2014. "The Relationship between Tourism and Economic Development in the Greater Mekong Sub Region Panel Cointegration and Granger Causality," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 5(1), pages 44-51.
    • Handle: RePEc:srs:jarle0:v:5:y:2014:i:1:p:44-51
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fan Zhang & Jianmu Ye & Chao Zhang & Zhuang Xiong, 2019. "Evolutionary mechanism for subregional cooperation: Evidence from provincial subregion in Central China," Progress in Development Studies, , vol. 19(4), pages 304-326, October.
    2. Pavel Hagyari & Radovan Bacik & Richard Fedorko, 2016. "Analysis Of The Key Factors Of Reputation Management In Conditions Of City Marketing," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 13(1), pages 69-80, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:srs:jarle0:v:5:y:2014:i:1:p:44-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Claudiu Popirlan (email available below). General contact details of provider: http://journals.aserspublishing.eu/jarle .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.