EMERGE Research Seminar, Tuesday 11 June at 12:15 in BSG/28
Fri, 14 Jun 2013 15:37:00 BST
Najma Hbiesh, a first year PhD student at the University of Huddersfield, presented her research titled (Tourism –Led Growth Hypothesis: Case Study of Libya) to the EMERGE group on 11/06/2013.
The main objective of this study is to examine the validity of the Tourism –Led Growth Hypothesis (TLGH) in Libya. This hypothesis investigates the causality relationship between tourism and economic growth (GDP), while determining whether the direction of that causality is unidirectional or bi-directional on the long-run.
Najma’s study is considered the first of its kind in the Libyan context, and it is the first study to investigate the TLGH using the unemployment rate as an indicator.
The research will utilise secondary data. The annual data used will cover the period between 1995-2010, and time-series techniques will be used. More specifically, the Augmented Dickey-Fuller (ADF) technique will be used for unit root, Johanson and Jueslius test will be used for cointegration to estimate the VECM, and Granger causality test will be used to measure causal relationships.
The scientifically verified information of this study should be valuable and crucial for private, public and government sectors, in ways that should help them manage and plan the tourism operations Libya in order to maximise the earnings of the tourism sector.