Does tourism effectively stimulate Malaysia's economic growth?
This study attempts to further verify the validity of the tourism-led growth hypothesis in Malaysia using a multivariate model derived from the Solow growth theory. It employs annual data from 1975 to 2011. We find that economic growth, tourism and other determinants are cointegrated. Specifically,...
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| Main Authors: | , |
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| Format: | Article |
| Published: |
Elsevier
2015
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| Online Access: | http://eprints.um.edu.my/11625/ |
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