THE EFFECT OF TOURISM INDUSTRY ON ECONOMIC GROWTH: THE CASE OF IRAN

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SHARIFI RENANI HOSEIN; SAFAEI SHAKIB MARYAM; EMADZADEH MOSTAFA

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Journal: Financial Economics Year:2009 | Volume:2 | Issue:6 Page(s): 9-25

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Title

THE EFFECT OF TOURISM INDUSTRY ON ECONOMIC GROWTH: THE CASE OF IRAN

Author(s)

SHARIFI RENANI HOSEIN | SAFAEI SHAKIB MARYAM | EMADZADEH MOSTAFA | Issue Writer Certificate

Keywords

ECONOMIC GROWTHQ2

TOURISMQ2

AUTOREGRESSIVE DISTRIBUTION LAGS APPROACH (ARDL)Q2

Abstract

ECONOMIC GROWTH has been one of the quantitative indexes to measure the rate of economic development, in different countries, and factors affecting on it, are very important. This index is affected from several factors, meanwhile, TOURISM capacities such as, creating job opportunities, infrastructural development, entry of foreign tourists, increasing demand for domestic commodities, increasing exports and increasing the possibility of foreign investment, of the major reasons that should be a special effort in line with ECONOMIC GROWTH. Recognizing the superior position of TOURISM industry, in different patterns of economic development, can be strengthened ECONOMIC GROWTH.The main goal of this paper reviews the effects of capital industry and entry of foreign tourists on ECONOMIC GROWTH of Iran in a time period between 1990–2009 by Autoregressive Distribution Lags approach (ARDL). Estimation results show that, the capital that used in the TOURISM sector, has a positive and significant effects on ECONOMIC GROWTH in Iran. Also entry of foreign tourists, shows positive and significant effects on it.

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APA: Copy

SHARIFI RENANI, HOSEIN, SAFAEI SHAKIB, MARYAM, & EMADZADEH, MOSTAFA. (2009). THE EFFECT OF TOURISM INDUSTRY ON ECONOMIC GROWTH: THE CASE OF IRAN. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), 2(6), 9-25. SID. https://sid.ir/paper/229062/en

Vancouver: Copy

SHARIFI RENANI HOSEIN, SAFAEI SHAKIB MARYAM, EMADZADEH MOSTAFA. THE EFFECT OF TOURISM INDUSTRY ON ECONOMIC GROWTH: THE CASE OF IRAN. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT)[Internet]. 2009;2(6):9-25. Available from: https://sid.ir/paper/229062/en

IEEE: Copy

HOSEIN SHARIFI RENANI, MARYAM SAFAEI SHAKIB, and MOSTAFA EMADZADEH, “THE EFFECT OF TOURISM INDUSTRY ON ECONOMIC GROWTH: THE CASE OF IRAN,” JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), vol. 2, no. 6, pp. 9–25, 2009, [Online]. Available: https://sid.ir/paper/229062/en

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