Economic Development, Public Policy &International Tourism: Empirical Evidence from Pakistan Economy

Authors

  • Muhammad Furquan
  • Nighat Moin
  • Muhammad Nabeel Ashraf
  • Muhammad Bilal Raees

Keywords:

Gross domestic product, tourism receipts, tourism expenditures, public policies.

Abstract

Background:The tourism industry is considered to be a million-dollar industry with its ability to increase the cash flows and ability to sell things for higher prices than usual. Pakistan is a very lucrative country for travellers with an immense amount of diversity in culture as well as weather. There are a number of historic, adventurous, exotic, and peaceful spots in Pakistan to attract travellers and boost their tourism industry.

Methods: This study aimed to examine the influence of international tourism receipts and expenditure on the gross domestic product of Pakistan& also recommend public policies. Time series data for twenty-four years was gathered in this study and regression analysis was applied to examine the hypothesized relationships.

Results:Findings of this study have reflected the significant and positive impact of the hypothesized variables on the economy of Pakistan.

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Published

2021-12-30

How to Cite

Furquan, . M. ., Moin, N. ., Ashraf, M. N. ., & Raees, M. B. . (2021). Economic Development, Public Policy &International Tourism: Empirical Evidence from Pakistan Economy. The Journal of Contemporary Issues in Business and Government, 27(6), 1546–1555. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2257

Issue

Vol. 27 No. 6 (2021): The journal of contemporary issues in business and government

Section

Articles

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