The linear and non-linear relationship between of tourism demand and output per worker: A study of Sri Lanka

Kumar, Ronald Ravinesh ORCID: 0000-0001-9658-4896 and Stauvermann, Peter J. (2016) The linear and non-linear relationship between of tourism demand and output per worker: A study of Sri Lanka. Tourism Management Perspectives, 19 (A). pp. 109-120. ISSN 2211-9736

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Abstract

Linear and non-linear long-run association between tourism and economic growth is examined using the autoregressive distributed lag procedure with Sri Lanka as a reference country over the sample period 1978– 2014. Linear estimation results indicate that a 1% increase in tourism receipts result in an increase in the output per worker by 0.10% in the long run. The net effect in the short run is marginally negative and generally mixed. Non-linear relationship explains the effectiveness of the tourismindustry depends strongly on public infrastructurewhich is subject to congestion like the public transport, airports, road systemor telecommunications. A longrun U-shape relationship is detectedwith the minimumnecessary tourismreceipts of 1.26% ofGDP. The causality results indicate that higher tourism receipts causes growth. The method applied here can be used to examine other countries in the similar domain.

Item Type: Article
Uncontrolled Keywords: Causality, Cointegration, Elasticity, Non-linear, Tourism demand analysis, Sri Lanka
Divisions: Institute of Management > Bolton Business School
Depositing User: Tracey Gill
Date Deposited: 22 Jun 2016 07:40
Last Modified: 08 Mar 2018 11:57
Identification Number: 10.1016/j.tmp.2016.05.005
URI: http://ubir.bolton.ac.uk/id/eprint/889

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