Is the tourism-led growth hypothesis stable for Malaysia? A note

✍ Scribed by Hooi Hooi Lean; Chor Foon Tang

• Publisher: John Wiley and Sons
• Year: 2009
• Tongue: English
• Weight: 339 KB
• Volume: 12
• Category: Article
• ISSN: 1099-2340
• DOI: 10.1002/jtr.759

✦ Synopsis

Abstract

This letter extends the Gunduz and Hatemi‐J study on the tourism‐led growth hypothesis with the Malaysian data. The rolling subsample causality test was employed to demonstrate the validity and stability of the tourism–growth causality relationship. Our result shows the causality relationship is valid and stable over the sample period. Copyright © 2009 John Wiley & Sons, Ltd.