What determines international tourist arrivals in India? |
| |
Authors: | Hemanta Barman Hiranya K Nath |
| |
Institution: | 1. Department of Humanities and Social Sciences, Indian Institute of Information Technology Bhagalpur, Bhagalpur, India;2. Department of Economics and International Business, Sam Houston State University, Huntsville, TX, USA |
| |
Abstract: | Using data for 18 major tourist originating countries to India from 2001 to 2015, this study examines the major determinants of international tourist arrivals in India. The results indicate that past experiences of the tourists, per capita income in the tourist originating country, relative costs of living between India and the country of origin, and the level of infrastructure development in India are key determinants of international tourist arrivals in India. Furthermore, both transportation and communication infrastructure are important in attracting tourists to India. In particular, evidence suggests that availability of road and air network and telephone connections has favourable impacts on international tourist arrivals in India. These results are robust to the inclusion of additional variables. These results have important policy implications. |
| |
Keywords: | International tourist arrivals panel data generalized method of moments (GMM) transportation infrastructure ICT infrastructure teledensity India |
|
|