Dynamic impact of exchange rate on tourism demand in Sri Lanka

Mohamed Aslam, A. L.

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.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.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.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