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| | | Article Name : | | | The relationship between tourism, foreign direct investment and economic growth: evidence from Saudi Arabia | | Author Name : | | | Aftab Alam, Elwaleed Abdulgayoum Ali Idris, Omair Mujahid Malik, Kamisan Gaadar | | Publisher : | | | Bridge Center | | Article URL : |  | | | Abstract : | | | Tourism is one of the world's main businesses and a progressively significant source of external channel of investment that is used to financial economic development. The main aim of this research paper is to inspect the short-term and long-term relationships between tourism and Foreign Direct Invest (FDI) growth in Saudi Arabia. In this research has used quarterly data covering the (2000–2013) time period and unit-root test techniques, co-integrated analysis and granger causality test to examine the relationships between variables. The findings showed that there is a positive relationship between tourism receipt and numbers of tourist with Foreign Direct Investment (FDI) in the short term and long-term relationship. The Granger causality test shows a bidirectional causality running between tourism expenditure and Foreign Direct Investment (FDI) | | Keywords : | | | Tourism, FDI, Co-Integration, Saudi Arabia, Relationship Granger Causality |
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