Authors
KG Suresh, Aviral Kumar Tiwari, Gazi Salah Uddin, Ali Ahmed
Publication date
2018/7/3
Journal
Anatolia
Volume
29
Issue
3
Pages
319-325
Publisher
Routledge
Description
We examine causal relationships among the macroeconomic entities tourism and output dynamics in India, using the frequency–domain causality approach. Our results show that there is a bidirectional causality between openness and tourism as well as between output and tourism, at various frequency bands. Hence, this study suggests a multiplier effect of tourism on the Indian economy.
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