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Tourism, health and income in Singapore

✍ Scribed by Chew Ging Lee; Woan Ting Hung

Publisher: John Wiley and Sons
Year: 2009
Tongue: English
Weight: 90 KB
Volume: 12
Category: Article
ISSN: 1099-2340
DOI: 10.1002/jtr.755

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✦ Synopsis

Abstract

This paper employs Granger causality test to investigate the long‐run and the short‐run dynamic interactions among tourism, economic development and health care development in Singapore. The test reveals that there is long‐run unidirectional Granger causality from health care development to economic development and from tourism to economic development. Both health care and tourism have positive effects on economic development in the long run. In the short run, there is a unidirectional Granger causality from economic development to health care development and a bidirectional causality between health care development and tourism. Copyright © 2009 John Wiley & Sons, Ltd.

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