Analyzing the Interaction Among Tourism, Life Expectancy, and Unemployment in Japan: Insights From Cointegration and Conditional Causality Approach

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F24%3A50021694" target="_blank" >RIV/62690094:18450/24:50021694 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/00216224:14560/24:00137101

Výsledek na webu

<a href="https://onlinelibrary.wiley.com/doi/10.1002/jtr.2736" target="_blank" >https://onlinelibrary.wiley.com/doi/10.1002/jtr.2736</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1002/jtr.2736" target="_blank" >10.1002/jtr.2736</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Analyzing the Interaction Among Tourism, Life Expectancy, and Unemployment in Japan: Insights From Cointegration and Conditional Causality Approach

Popis výsledku v původním jazyce

This study explores the dynamic interconnectedness among tourism, life expectancy, unemployment, and economic growth in Japan from 1995 to 2023. Despite numerous studies on these variables individually, comprehensive analysis on their interconnections is lacking. Using Bounds testing, ARDL models, and Granger causality techniques, we reveal significant insights into these relationships. The analysis confirms a long-run co-integration among all variables, indicating a stable equilibrium over time. In the short run, tourism and life expectancy positively impact economic growth, underscoring their crucial roles in driving Japan&apos;s economy. Conversely, the link between unemployment and economic growth is negative and statistically insignificant, suggesting that short-term unemployment fluctuations do not substantially affect economic performance. Granger causality analysis shows bidirectional causality among economic growth, tourism, and life expectancy, indicating mutual reinforcement and interdependence, while unemployment reveals unidirectional causality. The findings emphasize the need for policies supporting tourism development and as strategic avenues for sustainable economic growth.

Název v anglickém jazyce

Analyzing the Interaction Among Tourism, Life Expectancy, and Unemployment in Japan: Insights From Cointegration and Conditional Causality Approach

Popis výsledku anglicky

This study explores the dynamic interconnectedness among tourism, life expectancy, unemployment, and economic growth in Japan from 1995 to 2023. Despite numerous studies on these variables individually, comprehensive analysis on their interconnections is lacking. Using Bounds testing, ARDL models, and Granger causality techniques, we reveal significant insights into these relationships. The analysis confirms a long-run co-integration among all variables, indicating a stable equilibrium over time. In the short run, tourism and life expectancy positively impact economic growth, underscoring their crucial roles in driving Japan&apos;s economy. Conversely, the link between unemployment and economic growth is negative and statistically insignificant, suggesting that short-term unemployment fluctuations do not substantially affect economic performance. Granger causality analysis shows bidirectional causality among economic growth, tourism, and life expectancy, indicating mutual reinforcement and interdependence, while unemployment reveals unidirectional causality. The findings emphasize the need for policies supporting tourism development and as strategic avenues for sustainable economic growth.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50704 - Environmental sciences (social aspects)

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Journal of Tourism Research

ISSN

1099-2340

e-ISSN

1522-1970

Svazek periodika

26

Číslo periodika v rámci svazku

5

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

16

Strana od-do

"Article Number: e2736"

Kód UT WoS článku

001306067600001

EID výsledku v databázi Scopus

2-s2.0-85203288299