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Resumen de The relationship between foreign direct investment and tourism: empirical evidence from China

Tang Sumei, E. A. Selvanathan, Saroja Selvanathan

  • This paper investigates the causal link between foreign direct investment and tourism in China by employing the Granger causality test under a VAR framework proposed by Zapata and Rambaldi (1997). Only a one-directional causality is found from foreign direct investment to tourism. This explains the rapid growth in the tourism market in China during the past decade.


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