Advanced Search
MyIDEAS: Login

The Relationship between Foreign Direct Investment and Tourism Development: Evidence from Developing Countries


Author Info

  • Ahmad Jafari Samimi

    (University of Mazandaran, Babolsar, Iran)

  • Somaye Sadeghi

    (Islamic Azad University Firoozkooh, Iran)

  • Soraya Sadeghi

    (Islamic Azad University Firoozkooh, Iran)


This paper investigates the existence of Granger causality and co-integrated relationships between tourism related Foreign Direct Investment (FDI)and tourism development in developing countries using panel VECM techniques from 1995 to 2008. The results confirm the existence of a co-integrated relationship between variables in the long run. In addition, there is a bilateral long-run causality between tourism related FDI and tourism development, while there is no short-run causality between variables.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

Article provided by Faculty of Economics and Administration, University of Malaya in its journal Institutions and Economies (formerly known as International Journal of Institutions and Economies).

Volume (Year): 5 (2013)
Issue (Month): 2 (July)
Pages: 59-68

as in new window
Handle: RePEc:umk:journl:v:5:y:2013:i:2:p:59-68

Contact details of provider:
Postal: Lembah Pantai, 50603 Kuala Lumpur
Phone: 603-7967-3600
Fax: 603-7956-7252
Web page:
More information through EDIRC

Related research

Keywords: developing countries; Foreign Direct Investment; panel VECM; tourism industry;

Find related papers by JEL classification:


No references listed on IDEAS
You can help add them by filling out this form.



This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:umk:journl:v:5:y:2013:i:2:p:59-68. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Professor Dr. Rajah Rasiah).

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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