Estimating the Causality Between REER and Tourism-Led Growth

Boskov, Tatjana and Kovacevski, Dimitar and Josheski, Dushko and Dimitrov, Nikola (2018) Estimating the Causality Between REER and Tourism-Led Growth. IJIBM International Journal of Information, Business and Management, 10 (2). pp. 50-62. ISSN 2076-9202 (Print)/2218-046X (Online)

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Abstract

The growth of tourism refers to the gradual evolution of tourism which is an important factor for the productivity of a country’s economy. There is need to understand the essential meaning of international tourism and trade, which are expected to be quite dependant on the exchange rate regimes. The international trade is another argument commonly used to justify the exchange rate policy. When is measured the economic impact of tourism, it should be underline the essential causality among real gross domestic product, real effective exchange rate and international tourism. In this way, tourism should be seen as a moving factor with an important contribution for economies.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 31 Jan 2018 13:42
Last Modified: 31 Jan 2018 13:42
URI: http://eprints.ugd.edu.mk/id/eprint/19256

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