|
Impact of Tourism on Indian and Sri Lankan Economy |
|---|---|
| รหัสดีโอไอ | |
| Creator | Mahipal Singh Yadav |
| Title | Impact of Tourism on Indian and Sri Lankan Economy |
| Publisher | Asian Forum on Business Education (AFBE) |
| Publication Year | 2557 |
| Journal Title | AFBE Journal |
| Journal Vol. | 7 |
| Journal No. | 1 |
| Page no. | 78 |
| Keyword | Trend,Tourism Industry,Gross Domestic Product,Foreign Tourist Arrival and Foreign Exchange Receipts |
| ISSN | 2071-7873 |
| Abstract | Since 1990, India and Sri Lanka have experienced a rise in the foreign tourist arrivals as well as international monetary receipts. In spite of this; there are only few empirical studies that investigate the contribution of tourism to the economic growth and the development for Indian and Sri Lankan economies. This study explores the potential contribution of tourism to economic growth and development by using time series data for the period of 1990-91 to 2009-10. The results show that foreign exchange receipts from the tourism industry significantly contribute to gross domestic product, employment and transport infrastructure. The present study findings imply that Indian and Sri Lankan economies could enhance their economic growth by strategically strengthening their tourism industry. |
