The Exchange Rate: Its Volatility and Tourism Demand

Rookayyah Imamboccus*, Boopen Seetanah, Zameelah Khan Jaffur, Robin Nunkoo

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review


This study aims at investigating the long-run and short-run relationships between international tourist arrivals in Mauritius and some of its key driving factors using an autoregressive distributed lag (ARDL) model over the period 1983–2019. Drawing on previous studies and exchange rate, its volatility, tourism infrastructure, relative price, tourists’ income and economic crisis are employed as the explanatory variables to examine this nexus. The results show that income and relative price influence tourist arrivals in both the long-run and short-run. In the long run, tourism infrastructure also proves to be significant. Nevertheless, both exchange rate and its volatility are insignificant.
Original languageEnglish
JournalAnatolia: An International Journal of Tourism & Hospitality Research
Number of pages13
Publication statusPublished - 16 Jan 2024

Bibliographical note

Epub ahead of print. Published online: 16 January 2024.


  • Exchange rates
  • Exchange rate volatility
  • Tourist arrivals
  • Mauritius
  • ARDL

Cite this