An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3

This research aims to analyze the effect of exchange rates on foreign tourist flows in ASEAN-3. A fixed-effect model is used to estimate data from three ASEAN countries, namely: Indonesia, Malaysia, and Thailand from 1995 to 2016. The result shows that the exchange rate has a significant positive ef...

Full description

Bibliographic Details
Main Authors: Fitra Prasapawidya Purna, Aris Munandar, Rein Pong Bija
Format: Article
Language:English
Published: Universitas Negeri Semarang 2021-09-01
Series:JEJAK: Jurnal Ekonomi dan Kebijakan
Subjects:
Online Access:https://journal.unnes.ac.id/nju/index.php/jejak/article/view/30417
_version_ 1797789279753076736
author Fitra Prasapawidya Purna
Aris Munandar
Rein Pong Bija
author_facet Fitra Prasapawidya Purna
Aris Munandar
Rein Pong Bija
author_sort Fitra Prasapawidya Purna
collection DOAJ
description This research aims to analyze the effect of exchange rates on foreign tourist flows in ASEAN-3. A fixed-effect model is used to estimate data from three ASEAN countries, namely: Indonesia, Malaysia, and Thailand from 1995 to 2016. The result shows that the exchange rate has a significant positive effect on foreign tourist flow. In other words, the depreciation of domestic currency increasing foreign tourist flow. Other control variables such as income per capita, HIV prevalence, trade, and consumer price index significantly affect a different sign.
first_indexed 2024-03-13T01:47:26Z
format Article
id doaj.art-4e47548155754385b6b47b7bd3f43b49
institution Directory Open Access Journal
issn 2460-5123
language English
last_indexed 2024-03-13T01:47:26Z
publishDate 2021-09-01
publisher Universitas Negeri Semarang
record_format Article
series JEJAK: Jurnal Ekonomi dan Kebijakan
spelling doaj.art-4e47548155754385b6b47b7bd3f43b492023-07-03T03:03:20ZengUniversitas Negeri SemarangJEJAK: Jurnal Ekonomi dan Kebijakan2460-51232021-09-0114223524310.15294/jejak.v14i2.3041711424An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3Fitra Prasapawidya Purna0Aris Munandar1Rein Pong Bija2Universitas Muhammadiyah YogyakartaUniversitas Gadjah MadaUniversitas Gadjah MadaThis research aims to analyze the effect of exchange rates on foreign tourist flows in ASEAN-3. A fixed-effect model is used to estimate data from three ASEAN countries, namely: Indonesia, Malaysia, and Thailand from 1995 to 2016. The result shows that the exchange rate has a significant positive effect on foreign tourist flow. In other words, the depreciation of domestic currency increasing foreign tourist flow. Other control variables such as income per capita, HIV prevalence, trade, and consumer price index significantly affect a different sign.https://journal.unnes.ac.id/nju/index.php/jejak/article/view/30417exchange rate, tourism, fixed effect model, asean-3
spellingShingle Fitra Prasapawidya Purna
Aris Munandar
Rein Pong Bija
An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3
JEJAK: Jurnal Ekonomi dan Kebijakan
exchange rate, tourism, fixed effect model, asean-3
title An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3
title_full An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3
title_fullStr An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3
title_full_unstemmed An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3
title_short An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3
title_sort examination of exchange rates on foreign tourist flows into asean 3
topic exchange rate, tourism, fixed effect model, asean-3
url https://journal.unnes.ac.id/nju/index.php/jejak/article/view/30417
work_keys_str_mv AT fitraprasapawidyapurna anexaminationofexchangeratesonforeigntouristflowsintoasean3
AT arismunandar anexaminationofexchangeratesonforeigntouristflowsintoasean3
AT reinpongbija anexaminationofexchangeratesonforeigntouristflowsintoasean3
AT fitraprasapawidyapurna examinationofexchangeratesonforeigntouristflowsintoasean3
AT arismunandar examinationofexchangeratesonforeigntouristflowsintoasean3
AT reinpongbija examinationofexchangeratesonforeigntouristflowsintoasean3