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The Relationship between Tourism, Financial Development and Economic Growth in MP

Year: 2024

Type: article

Abstract: Tourism and economic growth in India from 1960 to 2014 are examined in this research, takinginto account the relative importance of financial development in that time period. It has been shown thatboth the long-term and short-term development of India's economy is enhanced by inbound tourism. Alsofound is a long-term one-way Granger causality between tourism and economic development.Furthermore, the outcomes of the Granger causality test indicated a one-way association between twovariables ranging from GDP growth to tourist development. The findings support the rise of economicdriventourism in MP.

Source: International Journal of Information Technology and Management

DOI: 10.29070/x11xpa64

Author: Ritu Tomar Ritu Tomar

Institution: Krishna University

Language: English

Topic: Diverse Aspects of Tourism Research

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: bronze

OpenAlex ID: W4402172343

FWCI:

Cites: 9

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Related to: 10