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  3. Does tourism drive growth or does growth drive tourism? Bounds test approach-based evidence from emerging Asian economies
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Tariq Mehmood , Bo Chen

Does tourism drive growth or does growth drive tourism? Bounds test approach-based evidence from emerging Asian economies

This paper used bounds test approach to answer one unverified question- "Does tourism drive growth or does growth drive tourism within emerging Asian economies?" Our findings show bidirectional long-run link in case of China and India; and unidirectional long- run link in case of Philippines and Thailand. We compared the results in order to suggest appropriate policy/strategy implications to boost the tourism industry, which could probably lead toward economic growth. Further research direction is discussed.