Dynamic impact of exchange rate on tourism demand in Sri Lanka
| dc.contributor.author | Mohamed Aslam, A. L. | |
| dc.date.accessioned | 2021-01-27T16:37:46Z | |
| dc.date.available | 2021-01-27T16:37:46Z | |
| dc.date.issued | 2016-12 | |
| dc.description.abstract | The objective of this study is to test the dynamic impact of exchange rate on tourism demand in Sri Lanka over the period of 1970-2015. In this study, the unit root test and bivariate cointegration test were employed. The unit root test result indicates that the variables used in this study are non- stationary at their level, become stationary at their 1st difference. The bivariate cointegration test indicates that the exchange rate in Sri Lanka has a long-run relationship with tourism demand. Bothe the long-run and short estimated model of this study indicate that the key independent variable of the exchange rate has a positive and significant relationship with tourism demand in Sri Lanka under the study period. Further, the Durbin Watson test statistics of both estimated long-run and short-run model confirm that they are not suffering from the autocorrelation issue. | en_US |
| dc.identifier.citation | Kalam, International Research Journal, Faculty of Arts and Culture,10 (1), 2016. pp. 90-95. | en_US |
| dc.identifier.issn | 1391-6815 | |
| dc.identifier.uri | http://ir.lib.seu.ac.lk/handle/123456789/5295 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Faculty of Arts and Culture, South Eastern University of Sri Lanka, University Park, Oluvil. | en_US |
| dc.subject | Tourism demand | en_US |
| dc.subject | Exchange rate | en_US |
| dc.subject | Bivariate cointegration | en_US |
| dc.subject | Sri Lanka | en_US |
| dc.title | Dynamic impact of exchange rate on tourism demand in Sri Lanka | en_US |
| dc.type | Article | en_US |