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Article citations


Phillips, P.C. (1987) Time Series Regression with a Unit Root. Econometrica, 55, 277-301.

has been cited by the following article:

  • TITLE: Impact of Tourism on Long-Run Economic Growth of Vietnam

    AUTHORS: Wurong Shih, Ninh T. H. Do

    KEYWORDS: Tourism, Economic Growth, Tourism-Led Growth Hypothesis, Vietnam

    JOURNAL NAME: Modern Economy, Vol.7 No.3, March 28, 2016

    ABSTRACT: Tourism is a potential industry as a new impetus for economic growth of Vietnam, and is identified as a key sector in Vietnamese economy, as such, the Vietnam government has identified the tourism industry as a key sector in the national economy and one of the crucial importance in securing its long-term growth. The study examines the role of tourism in driving the economic growth of Vietnam over the period of 1995-2013 by using Tourism-Led Growth Hypothesis (TLGH). The stability of TLGH is analyzed using a Rolling Window regression technique. The analyses performed in this study are based on an econometric methodology consisting of the pooled Ordinary Least Squares test, unit root test, co-integration analysis, and Granger causality test. The findings show that the TLGH is supported in the case of Vietnam. In other words, tourism has indeed played a key role in driving economic growth in Vietnam in recent decades. Moreover, the Rolling Window regression results confirm the stability of the TLGH in the case of Vietnam.