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The Effects of Tourist's Expenditure on Malaysia's Economy

The tourism industry has various impacts on the economy. It contributes to sales, profits, employment, tax revenue, and income. Tourism is fast becoming Malaysia's second-largest foreign exchange earner, after the manufacturing sector. Tourism receipts contributed 46% to total services receipts...

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Main Authors: Mohamed Sharif Bashir, Nursilah Ahmad, Norhaziah Nawai
Format: Article
Language:English
Published: Universiti Sains Islam Malaysia 2012
Subjects:
Tourism industry
Malaysian economy
Input-output model
Multiplier effect
Tourist expenditures
Online Access:http://ddms.usim.edu.my/handle/123456789/5360
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spelling my.usim-53602015-03-02T06:26:24Z The Effects of Tourist's Expenditure on Malaysia's Economy Mohamed Sharif Bashir Nursilah Ahmad Norhaziah Nawai Tourism industry Malaysian economy Input-output model Multiplier effect Tourist expenditures The tourism industry has various impacts on the economy. It contributes to sales, profits, employment, tax revenue, and income. Tourism is fast becoming Malaysia's second-largest foreign exchange earner, after the manufacturing sector. Tourism receipts contributed 46% to total services receipts between 2002 and 2008, generating a surplus in the services account of Malaysia's balance of payments. This paper focuses on changes in the output of and imports and value added to the economy resulting from the tourism industry in Malaysia. An open input-output model of tourist impact analysis will be adopted to determine the multiplier effects of each Ringgit Malaysia spent on the output of and imports and value added to the economy. This paper attempts to prove that differences in the expenditure profile among classes of tourists and the changing composition of tourists arriving in Malaysia have important implications for possible policy responses to the economy. 2012-02-28T06:39:01Z 2012-02-28T06:39:01Z 2008 Article 1823075X http://ddms.usim.edu.my/handle/123456789/5360 en vol.5 no.1 2008; Universiti Sains Islam Malaysia
institution Universiti Sains Islam Malaysia
building USIM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universit Sains Islam i Malaysia
content_source USIM Institutional Repository
url_provider http://ddms.usim.edu.my/
language English
topic Tourism industry
Malaysian economy
Input-output model
Multiplier effect
Tourist expenditures
spellingShingle Tourism industry
Malaysian economy
Input-output model
Multiplier effect
Tourist expenditures
Mohamed Sharif Bashir
Nursilah Ahmad
Norhaziah Nawai
The Effects of Tourist's Expenditure on Malaysia's Economy
description The tourism industry has various impacts on the economy. It contributes to sales, profits, employment, tax revenue, and income. Tourism is fast becoming Malaysia's second-largest foreign exchange earner, after the manufacturing sector. Tourism receipts contributed 46% to total services receipts between 2002 and 2008, generating a surplus in the services account of Malaysia's balance of payments. This paper focuses on changes in the output of and imports and value added to the economy resulting from the tourism industry in Malaysia. An open input-output model of tourist impact analysis will be adopted to determine the multiplier effects of each Ringgit Malaysia spent on the output of and imports and value added to the economy. This paper attempts to prove that differences in the expenditure profile among classes of tourists and the changing composition of tourists arriving in Malaysia have important implications for possible policy responses to the economy.
format Article
author Mohamed Sharif Bashir
Nursilah Ahmad
Norhaziah Nawai
author_facet Mohamed Sharif Bashir
Nursilah Ahmad
Norhaziah Nawai
author_sort Mohamed Sharif Bashir
title The Effects of Tourist's Expenditure on Malaysia's Economy
title_short The Effects of Tourist's Expenditure on Malaysia's Economy
title_full The Effects of Tourist's Expenditure on Malaysia's Economy
title_fullStr The Effects of Tourist's Expenditure on Malaysia's Economy
title_full_unstemmed The Effects of Tourist's Expenditure on Malaysia's Economy
title_sort effects of tourist's expenditure on malaysia's economy
publisher Universiti Sains Islam Malaysia
publishDate 2012
url http://ddms.usim.edu.my/handle/123456789/5360
_version_ 1645151653093965824
score 13.222552

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