Tourism development policy, strategic alliances and impact of consumer price index on tourist arrivals : the case of Malaysia
Part of : Tourismos : an international multidiciplinary journal of tourism ; Vol.3, No.1, 2008, pages 83-98
Issue:
Pages:
83-98
Section Title:
Research papers
Abstract:
Many studies have shown the importance of tourism industry in enhancing tradeperformance and economic development. This study examines the hypothesis of‘economic-driven’ tourism growth in Malaysia by using econometric modelling.To generate the empirical analysis, this study used data from 1980-2007 toanalyze the economic-driven tourism growth by using vector autoregressive(VAR) estimation. The long-run relationship between specific variables isconsidered using the Johansen and Juselius cointegration analysis. Finally,Granger-causality results implies causal relationship of economic-driven tourismgrowth in Malaysia. Therefore, this study suggests policies and strategies toovercome the importance of economic-driven tourism in Malaysia in the future.
Subject:
Keywords:
tourism, economic growth, consumer price index
Notes:
Περιέχει σχήματα, πίνακες και βιβλιογραφία
