Journal
INTERNATIONAL JOURNAL OF TOURISM RESEARCH
Volume 12, Issue 4, Pages 375-378Publisher
JOHN WILEY & SONS LTD
DOI: 10.1002/jtr.759
Keywords
tourism; growth; Malaysia; causality; rolling
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This letter extends the Gunduz and Hatemi-J study on the tourism-led growth hypothesis with the Malaysian data. The rolling subsample causality test was employed to demonstrate the validity and stability of the tourism-growth causality relationship. Our result shows the causality relationship is valid and stable over the sample period. Copyright (C) 2009 John Wiley & Sons, Ltd.
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