| Popis: |
The main purpose of this study is to determine whether there is a causal relationship between the development of the tourism sector in selected African continent countries and foreign investments, total capital increases, and economic growth in these countries. For this, the Granger method, which measures the causality relationship, was preferred. The countries of Morocco, South Africa, and Tanzania were chosen as the sample countries. The data set required in the analysis process was obtained from the World Bank. As a result of the analysis, it was concluded that there is a causal relationship between different variables in all three countries. The causal relationships that have been found are usually one-sided. A causal relationship has been determined between the development of the tourism sector in Morocco and the income obtained from this sector and economic growth. In South African, it was concluded that there was a causal relationship between the foreign investments coming to this country and the total capital increases in the country. The Tanzani results show that there is a causal relationship between the development of the tourism sector in this country and total capital increases in this country. |
