The impact of tourism on the Jordanian economy

The world is heading to improve tourism sectors. And so do Jordan. Currently, tourism is Jordan’s important foreign exchange generator. Tourism, one of the world’s largest and fastest growing industries is a strategic factor for the economic growth. Since the empirical results associated with the re...

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Main Author:	Al-Shabbar, Khaled Jehad Issa
Format:	Thesis
Language:	eng eng
Published:	2016
Subjects:	HB Economic Theory
Online Access:	https://etd.uum.edu.my/5571/1/s815151_01.pdf https://etd.uum.edu.my/5571/2/s815151_02.pdf
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id	my-uum-etd.5571
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Mohamed Berawi, Fuad Hasan Basri, Bakti
topic	HB Economic Theory
spellingShingle	HB Economic Theory Al-Shabbar, Khaled Jehad Issa The impact of tourism on the Jordanian economy
description	The world is heading to improve tourism sectors. And so do Jordan. Currently, tourism is Jordan’s important foreign exchange generator. Tourism, one of the world’s largest and fastest growing industries is a strategic factor for the economic growth. Since the empirical results associated with the relationship among economic growth and tourism within neoclassical framework are inconsistent, this study has been placed to show that tourism sector has a role in the economic growth using the Jordanian context by using data from 1981-2014. The objectives are to determine the long run and the short run relationships among economic growth, tourism receipts, and government tourism expenditures. The study employs econometric techniques such as unit roots, Johansen cointegration, and Error Correction Model (ECM). the results from Johansen cointegration show a positive and statistically significant relationship between tourism receipts and economic growth. On the other hand, the test shown negative and significant relationship among government tourism expenditures and economic growth. Short run relationships expose only tourism receipts is significant and positively related to growth. The coefficient of the speed of adjustment was not high when there is a state of disequilibrium. Besides improving the present knowledge, the findings also proposed to policy makers to further improve and sustain tourism sector in order to generate higher economic growth
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Al-Shabbar, Khaled Jehad Issa
author_facet	Al-Shabbar, Khaled Jehad Issa
author_sort	Al-Shabbar, Khaled Jehad Issa
title	The impact of tourism on the Jordanian economy
title_short	The impact of tourism on the Jordanian economy
title_full	The impact of tourism on the Jordanian economy
title_fullStr	The impact of tourism on the Jordanian economy
title_full_unstemmed	The impact of tourism on the Jordanian economy
title_sort	impact of tourism on the jordanian economy
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2016
url	https://etd.uum.edu.my/5571/1/s815151_01.pdf https://etd.uum.edu.my/5571/2/s815151_02.pdf
_version_	1747827952272277504
spelling	my-uum-etd.55712021-04-05T01:49:55Z The impact of tourism on the Jordanian economy 2016 Al-Shabbar, Khaled Jehad Issa Mohamed Berawi, Fuad Hasan Basri, Bakti Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HB Economic Theory The world is heading to improve tourism sectors. And so do Jordan. Currently, tourism is Jordan’s important foreign exchange generator. Tourism, one of the world’s largest and fastest growing industries is a strategic factor for the economic growth. Since the empirical results associated with the relationship among economic growth and tourism within neoclassical framework are inconsistent, this study has been placed to show that tourism sector has a role in the economic growth using the Jordanian context by using data from 1981-2014. The objectives are to determine the long run and the short run relationships among economic growth, tourism receipts, and government tourism expenditures. The study employs econometric techniques such as unit roots, Johansen cointegration, and Error Correction Model (ECM). the results from Johansen cointegration show a positive and statistically significant relationship between tourism receipts and economic growth. On the other hand, the test shown negative and significant relationship among government tourism expenditures and economic growth. Short run relationships expose only tourism receipts is significant and positively related to growth. The coefficient of the speed of adjustment was not high when there is a state of disequilibrium. Besides improving the present knowledge, the findings also proposed to policy makers to further improve and sustain tourism sector in order to generate higher economic growth 2016 Thesis https://etd.uum.edu.my/5571/ https://etd.uum.edu.my/5571/1/s815151_01.pdf text eng public https://etd.uum.edu.my/5571/2/s815151_02.pdf text eng public masters masters Universiti Utara Malaysia Akal, M. (2009). 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The impact of tourism on the Jordanian economy

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