Journal
ENVIRONMENT AND URBANIZATION ASIA
Volume 3, Issue 2, Pages 397-405Publisher
SAGE PUBLICATIONS LTD
DOI: 10.1177/0975425312473234
Keywords
ARDL-UECM; ARDL-ECM; cointegration; unit root; tourism; economic growth; Sri Lanka
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The purpose of the study is to examine the impact of tourism on economic growth in Sri Lanka through the Autoregressive Distributed Lag (ARDL) bounds testing approach. The analysis was carried out for the period from 1969 to 2009. By and large, our analysis reveals that tourism has a positive impact on economic growth in Sri Lanka both in the short-run and long-run.
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