The tourism sector and its role in promoting the growth of the economies of the Arab countries

Abstract

This study carried the reality of the tourism sector and its role in promoting the growth of the economies of the Arab countries, where insert tourist arrivals and exchange rate factors in the independent and explanatory variables. In addition to that the factors of good governance because of their impact on tourism and on phenomenon of economic growth as a variable responder, and that is through a standard economic study included 12 Arab countries, for the period between (1996-2016). This study was based on the problematic that tourism contribute significantly to the growth process? and water tourism leads to the growth or vice versa? In order to achieve the result of the hypothesis and the objective of the study, we relied on (GDP) with constant prices of the US dollar for the year 2010 as a dependent inconsistent and a measure of the designated countries, tourism index (arrivals) and the exchange rate index as well as the indicators of good governance as independent variables. Using Panel model, starting from static analysis and study of three models related to (REM-FEM-PRM) then stationarity tests, serenity of the series passing by co-integration, and studying the effect of future shocks as well. At the end, the random effects model terminated in the study of the short-term relationship.