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The objective of this research document is to analyze the relationship between tourism and economic growth in Algeria during the period 1995-2018. To this end, an economic model was estimated according to the econometric methodology (cointegration relationship test and vector error correction model “VECM” in addition to the Granger causality test). The results showed that the number of tourists has a negative impact on economic growth in Algeria, which means that Algeria depends on other variables to increase economic growth, such as oil revenues.
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Boumedyen Taibi, University Dr. Tahar Moulay, Saïda (Algeria)
Khadidja Lamri, University Dr. Tahar Moulay, Saïda (Algeria)
How to Cite
Taibi, B., & Lamri, K. (2020). The Impact of Tourism Industry on Economic Growth: the Case of Algeria (Cointegration & Causal Analysis). Management & Economics Research Journal, 2(4), 10-26. https://doi.org/10.48100/merj.v2i4.122
Arslanturk, Y., Balcilar, M., & Ozdemir, Z. A. (2011). Time-varying linkages between tourism receipts and economic growth in a small open economy. Economic Modelling, 28(1), 664–671. https://doi.org/https://doi.org/10.1016/j.econmod.2010.06.003
Ben Zaarour, C., & Satour, R. (2017). Tourism and economic growth in Algeria: Evidence of Cointegration and causal analysis. MPRA paper No 78731. Retrieved from https://mpra.ub.uni-muenchen.de/78731/1/MPRA_paper_78731.pdf.
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