Determinants of tourism in Asia Pacific
This paper investigates on how the macroeconomic factors (exchange rate, GDP, inflation and political stability) influence the tourism revenue (tourist arrivals and tourism receipts) in the top ten most visited Asia Pacific countries by employing several panel data approaches such as unit root test,...
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| Main Authors: | , , , , |
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| Format: | Final Year Project / Dissertation / Thesis |
| Published: |
2019
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| Subjects: | |
| Online Access: | http://eprints.utar.edu.my/3526/1/fyp_FE_2019_CZB.pdf http://eprints.utar.edu.my/3526/ |
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| _version_ | 1833428396583944192 |
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| author | Chew, Zi Bin Ding, Yi Yun Pua, Wei Enn Tan, Xing Yan Wong, Huey |
| author_facet | Chew, Zi Bin Ding, Yi Yun Pua, Wei Enn Tan, Xing Yan Wong, Huey |
| author_sort | Chew, Zi Bin |
| building | UTAR Library |
| collection | Institutional Repository |
| content_provider | Universiti Tunku Abdul Rahman |
| content_source | UTAR Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This paper investigates on how the macroeconomic factors (exchange rate, GDP, inflation and political stability) influence the tourism revenue (tourist arrivals and tourism receipts) in the top ten most visited Asia Pacific countries by employing several panel data approaches such as unit root test, co-integration test, long run estimates test and Dumitrescu-Hurlin Granger causality test with yearly time-series data from 2002 to 2016. We find that the exchange rate, GDP, inflation and political stability has long run relationship with tourist revenue but GDP has no causality (short run) relationship with tourist revenue in the ten countries that we conducted for the study. Also, policymaker can improve tourism growth and resolve the income inequality between developed and developing tourism-service dependent areas based on those macroeconomic factors. |
| format | Final Year Project / Dissertation / Thesis |
| id | my-utar-eprints.3526 |
| institution | Universiti Tunku Abdul Rahman |
| publishDate | 2019 |
| record_format | eprints |
| spelling | my-utar-eprints.35262019-08-21T09:17:34Z Determinants of tourism in Asia Pacific Chew, Zi Bin Ding, Yi Yun Pua, Wei Enn Tan, Xing Yan Wong, Huey G Geography (General) This paper investigates on how the macroeconomic factors (exchange rate, GDP, inflation and political stability) influence the tourism revenue (tourist arrivals and tourism receipts) in the top ten most visited Asia Pacific countries by employing several panel data approaches such as unit root test, co-integration test, long run estimates test and Dumitrescu-Hurlin Granger causality test with yearly time-series data from 2002 to 2016. We find that the exchange rate, GDP, inflation and political stability has long run relationship with tourist revenue but GDP has no causality (short run) relationship with tourist revenue in the ten countries that we conducted for the study. Also, policymaker can improve tourism growth and resolve the income inequality between developed and developing tourism-service dependent areas based on those macroeconomic factors. 2019-04-18 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/3526/1/fyp_FE_2019_CZB.pdf Chew, Zi Bin and Ding, Yi Yun and Pua, Wei Enn and Tan, Xing Yan and Wong, Huey (2019) Determinants of tourism in Asia Pacific. Final Year Project, UTAR. http://eprints.utar.edu.my/3526/ |
| spellingShingle | G Geography (General) Chew, Zi Bin Ding, Yi Yun Pua, Wei Enn Tan, Xing Yan Wong, Huey Determinants of tourism in Asia Pacific |
| title | Determinants of tourism in Asia Pacific |
| title_full | Determinants of tourism in Asia Pacific |
| title_fullStr | Determinants of tourism in Asia Pacific |
| title_full_unstemmed | Determinants of tourism in Asia Pacific |
| title_short | Determinants of tourism in Asia Pacific |
| title_sort | determinants of tourism in asia pacific |
| topic | G Geography (General) |
| url | http://eprints.utar.edu.my/3526/1/fyp_FE_2019_CZB.pdf http://eprints.utar.edu.my/3526/ |
| url_provider | http://eprints.utar.edu.my |