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Study of Inter Linkages of Tourism Sector: Emprirical Evidences from SAARC & ASEAN Countries

Journal of Hospitality Application and Research

Volume 8 Issue 1

Published: 2013
Author(s) Name: Saurabh Gupta, S.C. Singh | Author(s) Affiliation: Saurabh is Research scholar; Dr. S.C.Singh is Prof. at Banaras Hindu University Varanasi, India
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Abstract

Tourism is one of the most rapidly growing industries and outshined traditional industries to become one of the world’s largest and fastest expanding economic activities. The high importance of tourism in the present global economy makes it a very popular research field, especially in the scope of economic dependence between tourism and globalization at the global or regional levels. This study explores the extent to which tourism industry is integrated for the eight selected countries from SAARC and ASEAN for the period 2001 – 2010. The findings of the study clearly lead to the conclusion that a greater co-operation among the nations in tourism will benefit them all and tourism can act as a driver of development.

Keywords: SAARC, ASEAN, Tourism, Multiple Regressions.

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