Devaluation and Kuwaiti Tourism in the UK
The research is focused on the period between 2002 to 2020, quarterly data. Does devaluation have an effect on Kuwaiti tourism expenditure in kuwait?
Data source: secondary data collected from the UK official government tourism website https://www.visitbritain.org/.
This study examines more recent data on kuwaiti tourism expenditures in the UK to conclude wether kuwaiti tourism is significantly affected by not only the UK Consumer Price Index (CPI), but also by the interrelationship of three key factors the UK CPI, Kuwait CPI, and the exchange rate between the Pound sterling and the kuwaiti dinar.
The impact of The pound sterling on kuwaits tourisim expenditure in the uk is analyzed and the movements of the 2002-2020 cpi is analyzed. Expenditure of kuwaiti visitors to the uk is(2002-2020) analyzed and tested using a multiple linear regression.