The interaction between tourism and FDI in real estate in OECD countries

被引：47
|
作者：
Fereidouni, Hassan Gholipour [1 ]
Al-mulali, Usama [2 ]
机构：
[1] Univ Sains Malaysia, Sch Management, George Town, Malaysia
[2] Univ Sains Malaysia, Econ Programe, George Town, Malaysia
来源：
CURRENT ISSUES IN TOURISM | 2014年 / 17卷 / 02期
关键词：
panel cointegration; FDI in real estate; tourism flows; OECD countries;
D O I：
10.1080/13683500.2012.733359
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The purpose of this article is to investigate the empirical link between foreign direct investment (FDI) in real estate sector (FDIRE) and international tourism (TOUR). Panel co-integration and panel Granger causality techniques are applied to analyse both long- and short-run relationships for the case study of selected OECD countries. Our empirical results show the existence of the long-run and a bi-directional causal relationship between FDIRE and TOUR. The results provide some implications for policy-makers.
引用
收藏
页码：105 / 113
页数：9
相关论文
共 50 条
  • [21] The relationship between youth employment and older persons' employment in 20 OECD countries
    Ji, Eun Jeong
    INTERNATIONAL LABOUR REVIEW, 2017, 156 (3-4) : 425 - 442
  • [22] Relations between the inflow of foreign direct investments and economic indicators in OECD countries
    Suhanyi, Ladislav
    Suhanyiova, Alzbeta
    Korecko, Jaroslav
    Bednarova, Lucia
    Kadarova, Jaroslava
    Derkawi, Hamdi
    Bacova, Kamila
    ACTA MONTANISTICA SLOVACA, 2021, 26 (04) : 810 - 824
  • [23] Uncovering the dynamic relationship between oil prices and external trade in OECD countries
    Le, Thai-Ha
    Chang, Youngho
    Vo, Long Hai
    Bui, Manh-Tien
    Le, Ha-Chi
    JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT, 2024,
  • [24] Causal Nexus Between Innovation, Financial Development, and Economic Growth: the Case of OECD Countries
    Mtar, Kais
    Belazreg, Walid
    JOURNAL OF THE KNOWLEDGE ECONOMY, 2021, 12 (01) : 310 - 341
  • [25] Nexus between biomass energy consumption and environment in OECD countries: a panel data analysis
    Danish
    BIOMASS CONVERSION AND BIOREFINERY, 2023, 13 (03) : 1905 - 1913
  • [26] The link between technological innovation and financial development: Evidence from selected OECD countries
    Cestepe, Hamza
    Cetin, Murat
    Avci, Pinar
    Bahtiyar, Bersu
    INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2024, 29 (02) : 1219 - 1235
  • [27] Nexus between biomass energy consumption and environment in OECD countries: a panel data analysis
    Biomass Conversion and Biorefinery, 2023, 13 : 1905 - 1913
  • [28] Causal Nexus Between Innovation, Financial Development, and Economic Growth: the Case of OECD Countries
    Kais Mtar
    Walid Belazreg
    Journal of the Knowledge Economy, 2021, 12 : 310 - 341
  • [29] The Nexus Between Energy Demand and Currency Valuation: Evidence from Selected OECD Countries
    Chang, Bisharat Hussain
    Alzoubi, Haitham M.
    Salman, Asma
    Chang, Ali Gohar
    Uddin, Mohammed Ahmar
    Khan, Jameel Ahmed
    ANNALS OF FINANCIAL ECONOMICS, 2024, 19 (01)
  • [30] Energy consumption, energy R&D and real GDP in OECD countries with and without oil reserves
    Wong, Siang Leng
    Chang, Youngho
    Chia, Wai-Mun
    ENERGY ECONOMICS, 2013, 40 : 51 - 60
12345