Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand

The objective of this study is to examine the relationship between health care and tourism sectors to economic growth in Malaysia, Singapore and Thailand. Panel ARDL test was employed to investigate their long- and short-run relationships by examining annual time series data from 1995-2016. Results...

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Main Authors: Cheah, Chan Fatt, Abdul Samad, Abdul Rahim
Format: Article
Language:English
Published: Universiti Putra Malaysia Press 2018
Online Access:http://psasir.upm.edu.my/id/eprint/66250/1/39%20JSSH-1761-2016-3rdProof.pdf
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author Cheah, Chan Fatt
Abdul Samad, Abdul Rahim
author_facet Cheah, Chan Fatt
Abdul Samad, Abdul Rahim
author_sort Cheah, Chan Fatt
collection UPM
description The objective of this study is to examine the relationship between health care and tourism sectors to economic growth in Malaysia, Singapore and Thailand. Panel ARDL test was employed to investigate their long- and short-run relationships by examining annual time series data from 1995-2016. Results show a significant positive short- and long-run relationship between development of healthcare and tourism sectors to economic growth in Malaysia, Singapore and Thailand. As stated in the ASEAN Tourism Strategic Plan 2016-2025, Malaysia, Singapore and Thailand should work together to promote ASEAN as a health tourism destination to the world.
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spelling upm.eprints-662502019-02-12T06:52:56Z http://psasir.upm.edu.my/id/eprint/66250/ Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand Cheah, Chan Fatt Abdul Samad, Abdul Rahim The objective of this study is to examine the relationship between health care and tourism sectors to economic growth in Malaysia, Singapore and Thailand. Panel ARDL test was employed to investigate their long- and short-run relationships by examining annual time series data from 1995-2016. Results show a significant positive short- and long-run relationship between development of healthcare and tourism sectors to economic growth in Malaysia, Singapore and Thailand. As stated in the ASEAN Tourism Strategic Plan 2016-2025, Malaysia, Singapore and Thailand should work together to promote ASEAN as a health tourism destination to the world. Universiti Putra Malaysia Press 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/66250/1/39%20JSSH-1761-2016-3rdProof.pdf Cheah, Chan Fatt and Abdul Samad, Abdul Rahim (2018) Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand. Pertanika Journal of Social Sciences & Humanities, 26 (2). pp. 1203-1214. ISSN 0128-7702; ESSN: 2231-8534 http://www.pertanika.upm.edu.my/Pertanika%20PAPERS/JSSH%20Vol.%2026%20(2)%20Jun.%202018/39%20JSSH-1761-2016-3rdProof.pdf
spellingShingle Cheah, Chan Fatt
Abdul Samad, Abdul Rahim
Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand
title Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand
title_full Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand
title_fullStr Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand
title_full_unstemmed Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand
title_short Relationship between health care and tourism sectors to economic growth: the case of Malaysia, Singapore and Thailand
title_sort relationship between health care and tourism sectors to economic growth the case of malaysia singapore and thailand
url http://psasir.upm.edu.my/id/eprint/66250/1/39%20JSSH-1761-2016-3rdProof.pdf
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