The Asymmetric Impacts of Crude Oil Prices, Inflation, the Exchange Rate, Institutional Quality, and Trade Balance on Tourist Arrivals in Bangladesh: A Nonlinear ARDL Model Approach

The nonlinear interaction of oil prices, inflation, the exchange rate, institutional quality, and trade balance on tourist arrivals in Bangladesh is scrutinized this study. technique utilized study, Nonlinear Autoregressive Distributed Lag (NARDL), a novel co-integrating strategy. yearly time series data used study spanned 1995 to 2019. NARDL bound test performed assess if variables like are co-integrated. Oil prices rates, according findings, have long-run negative significant impact tourism demand, whereas improvements quality positively associated with arrivals. Moreover, study’s findings revealed kinship between balance, demand across time. asymmetric results obtained could enable Bangladeshi policymakers make more precise decisions.