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
  • [31] 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
  • [32] Revisiting the Long-Run Relationship Between Inward/Outward FDI and Income Inequality: New Evidence from the OECD
    Akyuz, Mert
    Gueye, Ghislain Nono
    Karul, Cagin
    INTERNATIONAL ECONOMIC JOURNAL, 2023, 37 (02) : 220 - 244
  • [33] How do foreign direct investment flows affect carbon emissions in BRICS countries? Revisiting the pollution haven hypothesis using bilateral FDI flows from OECD to BRICS countries
    Apergis, Nicholas
    Pinar, Mehmet
    Unlu, Emre
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2023, 30 (06) : 14680 - 14692
  • [34] How do foreign direct investment flows affect carbon emissions in BRICS countries? Revisiting the pollution haven hypothesis using bilateral FDI flows from OECD to BRICS countries
    Nicholas Apergis
    Mehmet Pinar
    Emre Unlu
    Environmental Science and Pollution Research, 2023, 30 : 14680 - 14692
  • [35] THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND INSTITUTIONAL STRUCTURE IN OECD COUNTRIES: CROSS-SECTIONAL ANALYSIS
    Ata, Ahmet Yilmaz
    Koc, Aylin
    Akca, Hasim
    ACTUAL PROBLEMS OF ECONOMICS, 2012, (136): : 323 - 333
  • [36] Dynamic linkages between financial inclusion and carbon emissions: Evidence from selected OECD countries
    Zaidi, Syed Anees Haider
    Hussain, Muzzammil
    Zaman, Qamar Uz
    RESOURCES ENVIRONMENT AND SUSTAINABILITY, 2021, 4
  • [37] Relationship between energy consumption and environmental sustainability in OECD countries: The role of natural resources rents
    Ulucak, Recep
    Danish
    Ozcan, Burcu
    RESOURCES POLICY, 2020, 69
  • [38] Does static and dynamic relationship between economic growth and energy consumption exist in OECD countries?
    Kahouli, Bassem
    ENERGY REPORTS, 2019, 5 : 104 - 116
  • [39] Causal nexus between economic growth, inflation, and stock market development: The case of OECD countries
    Pradhan, Rudra P.
    Arvin, Mak B.
    Bahmani, Sahar
    GLOBAL FINANCE JOURNAL, 2015, 27 : 98 - 111
  • [40] Housing prices and real effective exchange rates in 18 OECD countries: A bootstrap multivariate panel Granger causality
    Bahmani-Oskooee, Mohsen
    Wu, Tsung-Pao
    ECONOMIC ANALYSIS AND POLICY, 2018, 60 : 119 - 126
12345