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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:10.55041/IJSREM20851

THE IMPACT OF TOURISM ON ECONOMIC GROWTH IN NEPAL

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-

Subject:

-

Paper ID:

10.55041/IJSREM20851

Volume:

7 |

5 |

May 2023

Pages:

Publication Frequency:

Monthly (12 issues per year)

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Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Binita Gaire

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Abstract

This study aims to examines the impact of tourism on economic growth in Nepal. The data were taken from the period of 2000 to 2020 for the study. The main purpose of the study is to use the ARDL and ECM models to analyze how tourism has affected Nepal’s economic growth. Utilizing secondary data, descriptive and analytical research methods have been applied. Gross Domestic Product is taken as dependent variable whereas Foreign Exchange Rate, Tourists arrival are used as independent variables. The results of the study revealed that there is negative and significant relationship between tourists’ arrival and gross domestic product whereas foreign exchange rate has positive and insignificant relationship with gross domestic product respectively.

KEYWORDS

ARDL ECM Foreign Exchange Rate Tourists Arrivals and Economic Growth.

Cite This Article

Binita Gaire, "THE IMPACT OF TOURISM ON ECONOMIC GROWTH IN NEPAL," International Journal of Scientific Research in Engineering and Management, vol. 7, no. 5, May 2023. https://doi.org/10.55041/IJSREM20851

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Publication Date

12/4/2023

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