Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration
This paper investigates the long-run and short-run relationships between tourist arrivals to Malaysia and tourism price in Malaysia, tourism prices at alternative destinations, traveling costs, incomes and exchange rates, using the bounds testing approach developed within the autoregressive distrib...
| Päätekijät: | , , |
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| Aineistotyyppi: | Artikkeli |
| Kieli: | English |
| Julkaistu: |
Faculty of Economics and Management, Universiti Putra Malaysia
2007
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| Linkit: | http://psasir.upm.edu.my/id/eprint/672/1/bab03.pdf |
| _version_ | 1825943246478508032 |
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| author | Mohd Salleh, Norlida Hanim Othman, Redzuan Ramachandran, Sridar |
| author_facet | Mohd Salleh, Norlida Hanim Othman, Redzuan Ramachandran, Sridar |
| author_sort | Mohd Salleh, Norlida Hanim |
| collection | UPM |
| description | This paper investigates the long-run and short-run relationships between tourist arrivals to Malaysia and tourism price in Malaysia, tourism prices at alternative destinations, traveling costs, incomes and exchange rates,
using the bounds testing approach developed within the autoregressive distributed lag (ARDL) framework. The empirical results show that in the long run, tourism price in Malaysia, traveling costs, tourism prices at alternative destinations and incomes are the important determinants
of Malaysia’s tourism demand from the selected countries namely Singapore, Japan, Hong Kong and Australia. The results also indicate that the 1997-98 East Asian economic crisis and the outbreak of Severe Acute Respiratory Syndrome – SARS significantly affected Malaysia’s tourism demand. |
| first_indexed | 2024-03-06T06:53:49Z |
| format | Article |
| id | upm.eprints-672 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T06:53:49Z |
| publishDate | 2007 |
| publisher | Faculty of Economics and Management, Universiti Putra Malaysia |
| record_format | dspace |
| spelling | upm.eprints-6722015-07-06T01:49:41Z http://psasir.upm.edu.my/id/eprint/672/ Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration Mohd Salleh, Norlida Hanim Othman, Redzuan Ramachandran, Sridar This paper investigates the long-run and short-run relationships between tourist arrivals to Malaysia and tourism price in Malaysia, tourism prices at alternative destinations, traveling costs, incomes and exchange rates, using the bounds testing approach developed within the autoregressive distributed lag (ARDL) framework. The empirical results show that in the long run, tourism price in Malaysia, traveling costs, tourism prices at alternative destinations and incomes are the important determinants of Malaysia’s tourism demand from the selected countries namely Singapore, Japan, Hong Kong and Australia. The results also indicate that the 1997-98 East Asian economic crisis and the outbreak of Severe Acute Respiratory Syndrome – SARS significantly affected Malaysia’s tourism demand. Faculty of Economics and Management, Universiti Putra Malaysia 2007-12 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/672/1/bab03.pdf Mohd Salleh, Norlida Hanim and Othman, Redzuan and Ramachandran, Sridar (2007) Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration. International Journal of Economics and Management, 1 (3). pp. 345-363. ISSN 1823-836X http://econ.upm.edu.my/ijem/vol1_no3.htm |
| spellingShingle | Mohd Salleh, Norlida Hanim Othman, Redzuan Ramachandran, Sridar Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration |
| title | Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration |
| title_full | Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration |
| title_fullStr | Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration |
| title_full_unstemmed | Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration |
| title_short | Malaysia’s tourism demand from selected countries: the ARDL approach to cointegration |
| title_sort | malaysia s tourism demand from selected countries the ardl approach to cointegration |
| url | http://psasir.upm.edu.my/id/eprint/672/1/bab03.pdf |
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