We employ a gravity framework to evaluate the importance of transport infrastructure in determining the tourism attractiveness of destinations. The analysis is based on a panel data set of bilateral tourism flows among 28 countries over the decade…
Trade has been identified as an important factor contributing to poverty reduction in many countries. This study uses a panel Vector Autoregressive framework, both in the long run and the short run to analyse the relationship between trade…
With the continual increase in tourism and travel activities globally, there are serious allegations that the industry is significantly contributing towards climate change through its impact on CO2 emissions. There are, to date, no empirical studies…
The present study assesses the impact of relative prices on tourism flows in Mauritius. To account for dynamism in tourism flows modelling, a dynamic time series analysis – namely the vector autoregressive model – is employed. The results show that…
This chapter investigates the impact of trade facilitation on trade flows for a sample of 20 African economies over the period 2007–2014. Using a panel vector autoregressive framework, it finds that trade facilitation enhances trade flows in those…
The present study attempts to address the important question of whether foreign direct investment (FDI) flowing into the tourism sector has served to enhance economic growth in Mauritius for the period 1984–2014. Using a dynamic vector error…
The last three decades have witnessed a proliferation of regional initiatives which have come about in view of the slow progress achieved at the level of the World Trade Organization (WTO), particularly after the debacle of the Doha Round. The…
The service sector constitutes an important and a growing sector of the global economy as well as in the Arab region. In Oman, the service sector accounts for the highest share in the sectoral composition of the GDP and constitutes a crucial…
The purpose of the present study is to assess the export potential of food and agricultural items from South Asian Association for Regional Cooperation (SAARC) countries to the Gulf Cooperation Council (GCC) countries. We investigated the pattern of…
We empirically evaluate whether fostering trade partnership within the region is a better economic course of action for the Gulf Cooperation Council than engaging into preferential trade arrangements with well-established trade blocs outside the…