The joint impact of technology innovation and tourist arrivals on Japan’s economic growth

Japan is a vulnerable country to natural disaster and this is a significant issue as it diminishes the confidence level of tourists toward Japan. The aim of this research is to examine the joint impact of technology innovation and tourist arrivals on Japan’s economic growth. By using time series dat...

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Main Authors: Luah, Cheryl Jing Ning, Ang, Ee Zhern, Chong, Poh Fang, Teoh, Yee Che, Wan, Wai Kit
Format: Final Year Project / Dissertation / Thesis
Published: 2019
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Online Access:http://eprints.utar.edu.my/3527/1/fyp_FE_2019_LCJN.pdf
http://eprints.utar.edu.my/3527/
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spelling my-utar-eprints.35272019-08-21T10:08:40Z The joint impact of technology innovation and tourist arrivals on Japan’s economic growth Luah, Cheryl Jing Ning Ang, Ee Zhern Chong, Poh Fang Teoh, Yee Che Wan, Wai Kit G Geography (General) Japan is a vulnerable country to natural disaster and this is a significant issue as it diminishes the confidence level of tourists toward Japan. The aim of this research is to examine the joint impact of technology innovation and tourist arrivals on Japan’s economic growth. By using time series data ranging from 1986 to 2016, we applied autoregressive distributed lag (ARDL) model to test the relationship between dependent variable, economic growth and independent variables namely technology innovation, tourist arrivals, labor, capital and an interaction term between technology innovation and tourist arrivals. The results of our study showed that there is long run positive relationship between technology innovation, tourist arrivals, capital and Japan’s economic growth respectively. Meanwhile, there is long run negative relationship between labor and Japan’s economic growth. The joint impact effect for the interaction term between technology innovation and tourist arrivals is substitute effect. Therefore, Japan government could focus on policies to promote R&D innovation to reduce the risks and consequences resulting from natural disaster in order to boost the confidence level of tourists toward Japan and this could lead to economic growth. 2019-04-15 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/3527/1/fyp_FE_2019_LCJN.pdf Luah, Cheryl Jing Ning and Ang, Ee Zhern and Chong, Poh Fang and Teoh, Yee Che and Wan, Wai Kit (2019) The joint impact of technology innovation and tourist arrivals on Japan’s economic growth. Final Year Project, UTAR. http://eprints.utar.edu.my/3527/
institution Universiti Tunku Abdul Rahman
building UTAR Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tunku Abdul Rahman
content_source UTAR Institutional Repository
url_provider http://eprints.utar.edu.my
topic G Geography (General)
spellingShingle G Geography (General)
Luah, Cheryl Jing Ning
Ang, Ee Zhern
Chong, Poh Fang
Teoh, Yee Che
Wan, Wai Kit
The joint impact of technology innovation and tourist arrivals on Japan’s economic growth
description Japan is a vulnerable country to natural disaster and this is a significant issue as it diminishes the confidence level of tourists toward Japan. The aim of this research is to examine the joint impact of technology innovation and tourist arrivals on Japan’s economic growth. By using time series data ranging from 1986 to 2016, we applied autoregressive distributed lag (ARDL) model to test the relationship between dependent variable, economic growth and independent variables namely technology innovation, tourist arrivals, labor, capital and an interaction term between technology innovation and tourist arrivals. The results of our study showed that there is long run positive relationship between technology innovation, tourist arrivals, capital and Japan’s economic growth respectively. Meanwhile, there is long run negative relationship between labor and Japan’s economic growth. The joint impact effect for the interaction term between technology innovation and tourist arrivals is substitute effect. Therefore, Japan government could focus on policies to promote R&D innovation to reduce the risks and consequences resulting from natural disaster in order to boost the confidence level of tourists toward Japan and this could lead to economic growth.
format Final Year Project / Dissertation / Thesis
author Luah, Cheryl Jing Ning
Ang, Ee Zhern
Chong, Poh Fang
Teoh, Yee Che
Wan, Wai Kit
author_facet Luah, Cheryl Jing Ning
Ang, Ee Zhern
Chong, Poh Fang
Teoh, Yee Che
Wan, Wai Kit
author_sort Luah, Cheryl Jing Ning
title The joint impact of technology innovation and tourist arrivals on Japan’s economic growth
title_short The joint impact of technology innovation and tourist arrivals on Japan’s economic growth
title_full The joint impact of technology innovation and tourist arrivals on Japan’s economic growth
title_fullStr The joint impact of technology innovation and tourist arrivals on Japan’s economic growth
title_full_unstemmed The joint impact of technology innovation and tourist arrivals on Japan’s economic growth
title_sort joint impact of technology innovation and tourist arrivals on japan’s economic growth
publishDate 2019
url http://eprints.utar.edu.my/3527/1/fyp_FE_2019_LCJN.pdf
http://eprints.utar.edu.my/3527/
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score 13.211869