Impact of Tourism in Intramuros on the Economic Development of the City of Manila

Authors

  • Jean Antoinette S. Guevarra Department of Business Economics, College of Commerce & Business Administration, University of Santo Tomas, Manila, Philip
  • Angelica Marie Y. Perez Department of Business Economics, College of Commerce & Business Administration, University of Santo Tomas, Manila, Philippines
  • Marie Antoinette L. Rosete Department of Business Economics, College of Commerce & Business Administration, University of Santo Tomas, Manila, Philippines

Keywords:

economic development, tourist arrival, tourism expenditure, tourism employment

Abstract

This research investigates the relationship between tourism and economic development in Intramuros, Manila. The study focuses on three key variables: tourist arrivals, tourist expenditure, and employment in the tourism sector. Using the Fixed Effects model, the research examines both short-term and long-term relationships between these variables and economic development. The findings shed light on the significant impact of tourism on the economic growth of Manila and provide valuable insights for policymakers and stakeholders in the tourism industry.

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Published

14-12-2023

Issue

Section

Articles

How to Cite

[1]
J. A. S. Guevarra, A. M. Y. Perez, and M. A. L. Rosete, “Impact of Tourism in Intramuros on the Economic Development of the City of Manila”, IJRESM, vol. 6, no. 12, pp. 126–134, Dec. 2023, Accessed: Apr. 18, 2024. [Online]. Available: https://journal.ijresm.com/index.php/ijresm/article/view/2888

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