The Relationship Between Tourism, Financial Development and Economic Growth In Mp

Published in Journal

International Journal of Information Technology and Management [IJITM] (Vol:17/ Issue: 1) DOI: 10.29070/IJITM
Authors: Ritu Tomar*,
Subjects: IT & Management

Year: Feb, 2022
Volume: 17 / Issue: 1
Pages: 35 - 38 (4)
Publisher: Ignited Minds Journals
Source:
E-ISSN: 2249-4510
DOI:
Published URL: http://ipublisher.in/p/305927
Published On: Feb, 2022

Article Details

The Relationship between Tourism, Financial Development and Economic Growth in MP | Original Article

Ritu Tomar*, in International Journal of Information Technology and Management | IT & Management

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ABSTRACT:

Tourism and economic growth in India from 1960 to 2014 are examined in this research, taking into account the relative importance of financial development in that time period. It has been shown that both the long-term and short-term development of India's economy is enhanced by inbound tourism. Also found is a long-term one-way Granger causality between tourism and economic development. Furthermore, the outcomes of the Granger causality test indicated a one-way association between two variables ranging from GDP growth to tourist development. The findings support the rise of economicdriven tourism in MP.