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…