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Role of ICT And Tourism in Economic Growth of India

Author

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  • Surender Kumar

    (Jaipuria Institute of Management, Noida, India)

  • Karuna Chauhan

    (H.P.U. Shimla, Shimla, India)

  • Abhay Kumar Srivastava

    (Jaipuria Institute of Management, Lucknow, India)

Abstract

Tourism is being seen as an opportunity for the economic growth of developing economies as its demand is still growing. Over the years, tourism mediation has experienced major changes, including the arrival of the Internet and the application of Information and Communication Technologies (ICTs). This paper will investigates the relationship of ICT, tourism and growth of India by employing the cointegration, error correction models and Granger causality tests using annual data for last two decades. Major focus is to test the existence of long-term equilibrium relationship between international tourism, ICT and economic growth. In the Indian economy, it seems that tourism is led by economic growth and we are not able transform our strength in ICT to the expected level. In this study, we have made our efforts to highlight the ability of tourism, which can be made as leading factor to influence GDP through optimum use of ICT.

Suggested Citation

  • Surender Kumar & Karuna Chauhan & Abhay Kumar Srivastava, 2017. "Role of ICT And Tourism in Economic Growth of India," International Journal of Tourism and Hospitality Management in the Digital Age (IJTHMDA), IGI Global, vol. 1(1), pages 1-16, January.
    • Handle: RePEc:igg:jthmda:v:1:y:2017:i:1:p:1-16
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    Cited by:

    1. Feilan Wang & Mengmeng Jin & Jianfeng Li & Yushuo Zhang & Junbo Chen, 2022. "Profound Impact of Economic Openness and Digital Economy towards a Sustainable Development: A New Look at RCEP Economies," Sustainability, MDPI, vol. 14(21), pages 1-21, October.

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