Time series analysis reveals a significant relationship between tourism receipts and Uganda's GDP per capita, suggesting tourism boosts economic growth.
Tourism has been thriving in Africa in the past few years and Uganda is investing in its development to boost economic performance. Purpose: This study aims to investigate the relationship between economic growth and tourism activities in the country. Methodology: For this purpose a time series analysis is made for the period between 1990 to 2023 years, and the results were interpreted to find the facts. Econometric techniques such as the Augmented Dickey-Fuller (ADF) test, Johansen co-integration, and Vector Error Correction Model (VECM) were used for this study. Findings: The results reveal a significant long-run relationship between international tourism receipts and Uganda’s GDP per capita. The findings underscore tourism’s role as a catalyst for economic growth and provide policy recommendations for sustainable growth in this sector.
No takes yet. Share an insight, caveat, or question.
Akaezuwa et al. (2025) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: