School Of Social Sciences

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    Tourism, governance and economic growth in india
    (ASERS Publishing House, 2021-03-29T00:00:00) Mishra, P.K.; Rout, Himanshu B.; Chaini, S.R.
    This research work studied the relationship between tourism, governance quality and economic growth in India. It has been argued that the contribution of tourism sector expansion to the real economic growth significantly depends on the quality of governance that is prevalent in the country. The study empirically supports the existence of tourism-led growth hypothesis in Indian context while business confidence, economic freedom and regulatory quality have positive influences, and government effectiveness and corruption control have negative impacts on the economic growth over the sample period. Therefore, the study recommends for promoting polices which ensure business confidence, economic freedom and regulatory quality in the country. It is also suggested that the policies which ensure government effectiveness and control corruption be revisited, reframed, if required, and implemented more stringently along with the polices for effective monitoring and assessment. � 2021 by ASERS� Publishing. All rights reserved.
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    Nexus between Tourism and Economic Growth: Empirical Evidence from Odisha, India,
    (Serial Publications Pvt.Ltd., 2016) Rout, Himanshu B.; Mishra, P. K.; Pradhan, B.B.
    In view of the importance of tourism as an instrument for economic growth and employment generation, this paper is an effort to examine the nexus between tourism and economic growth in Odisha during 1990-91 and 2013-14; specifically the aim is to examine the tourism-led growth hypothesis at the state level. The study provides the empirical evidence of the existence of long-run equilibrium relationship between tourism and economic growth in the State. Precisely, it provides the evidence of stable, significant and positive response of tourism to economic growth. This finding is important from policy perspective. The State government is required to priority to the promotion of tourism so as to lead a stable and inclusive growth of Odisha.