Measuring The Impact Of The Tourism Sector On Economic Growth In Iraq For The Period (2005-2021) Using The Logarithmic Function
DOI:
https://doi.org/10.51699/ijbde.v4i1.373Keywords:
Tourism Sector, Economic Growth, Gross Domestic Product, Logarithmic FunctionAbstract
The economic literature suggests a positive relationship between certain tourism sector indicators and Gross Domestic Product (GDP). This study aims to assess the impact of these indicators on Iraq's GDP from 2005 to 2021, starting from the premise that the tourism sector in Iraq contributes only a small percentage to economic growth. Higher tourism revenues positively affect GDP levels in Iraq. The research found that increasing tourism revenues by one unit, with other factors constant, contributes to a GDP increase of 1.60 million dinars. Conversely, an increase in tourism expenditures by one unit, with other factors constant, results in a GDP decrease of 2.24 million dinars due to improper allocation of tourism expenses by the government. Increasing the number of workers by one unit, with other factors constant, contributes to a GDP increase of 4.27 million dinars. The research recommends that the government properly direct tourism expenditures to enhance the tourism sector's image in Iraq.
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Copyright (c) 2025 Wisam Ahmed Asker Taha
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