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Does Tourism Improve the Quality of Life in Kazakhstan?

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dc.contributor.author Ibragimov, Khusen
dc.contributor.author Perles-Ribes, Jose Francisco
dc.contributor.author Ramon-Rodriâ-Guez, Ana Belen
dc.date.accessioned 2021-11-01T05:45:23Z
dc.date.available 2021-11-01T05:45:23Z
dc.date.issued 2021
dc.identifier.citation Ibragimov, Khusen, Perles-Ribes, Jose Francisco & Ramon-Rodriâ-Guez, Ana Belen (2021) Does Tourism Improve the Quality of Life in Kazakhstan?;Business Law, and Management (BLM2): International Conference on Advanced Marketing (ICAM4) An International Joint e-Conference-2021 Department of Marketing Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka.Pag.427 en_US
dc.identifier.isbn 978-624-5507-15-3
dc.identifier.uri http://repository.kln.ac.lk/handle/123456789/23691
dc.description.abstract Tourism is regarded as an impulse of not only economic development but also human wellbeing. This study explores the relationship between tourism development, economic growth, and quality of life in Kazakhstan. The main objective is to reply to the question: does tourism development improve the quality of life and economic growth in Kazakhstan? We apply econometric approaches, including i) the error correction model (ECM) to identify if there exists a long-run equilibrium relationship among the referred variables, and ii) the multivariate granger causality test is employed to examine the existence of causality among the tourism development, quality of life and economic growth. The results reveal a cointegration relationship between the quality of life and tourism development in Kazakhstan. Quality of life granger cause tourism development of Kazakhstan in the longrun. However, economic growth does not granger cause tourism development of Kazakhstan in the long-run equilibrium. Specifically, only a unidirectional relationship runs from the quality of life towards tourism development in Kazakhstan. Approving that tourism development does not lead to quality of life in Kazakhstan. en_US
dc.publisher Department of Marketing Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka. en_US
dc.subject Cointegration, Granger Causality, Kazakhstan, Quality of Life, Tourism en_US
dc.title Does Tourism Improve the Quality of Life in Kazakhstan? en_US


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