Impact of Tourism Receipts, FDI and Energy Usage on Economic Growth in South Asia

Abstract

Purpose: The study examines the significant and direct influence of FDI and tourism income on economic growth in selected South Asian countries. . Design/Methodology/Approach: The study has made use of ARDL regression methodology to analyze the influence of tourism receipts, FDI and energy usage on economic growth.Findings: This study shows a strong long-term FDI, tourist receipts, and energy links, whereas the effects of these variables are less valuable in the short term.Implications/Originality/Value: It is generally recognized that FDI accompanies general economic expansion, the development of tourism, and the use of energy around the globe. However, several empirical outcomes have been disclosed in a long-standing discussion.