Tourism and Economic Growth in Uganda: Evidence from Time Series Analysis

Authors: Emeka Akaezuwa, Selvaramalakshmi alias Lakshmi Bhabuu , David Begumya Mugisha

DOI: https://doi.org/10.37082/IJIRMPS.v13.i4.232645

Short DOI: https://doi.org/g9tn74

Country: Uganda

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Abstract: 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.

Keywords: Tourism, Economic growth, Time series analysis

Paper Id: 232645

Published On: 2025-07-19

Published In: Volume 13, Issue 4, July-August 2025

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