Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail

Tourism development is one of the important roles that influence the economic growth and stability. Tourism can be either domestic or international. International tourism has both upcoming and outgoing impacts on a country’s balance of payments. Today, tourism is one of the major sources of income f...

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Main Author:	Ismail, Nur Izyani
Format:	Thesis
Language:	English
Published:	2014
Subjects:	Investment capital formation speculation
Online Access:	https://ir.uitm.edu.my/id/eprint/92574/1/92574.pdf
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id	my-uitm-ir.92574
record_format	uketd_dc
spelling	my-uitm-ir.925742024-03-15T07:07:24Z Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail 2014 Ismail, Nur Izyani Investment, capital formation, speculation Tourism development is one of the important roles that influence the economic growth and stability. Tourism can be either domestic or international. International tourism has both upcoming and outgoing impacts on a country’s balance of payments. Today, tourism is one of the major sources of income for many countries in the world and affects the economy of both the source and host countries. Therefore, this study attempts to ascertain the relationship between the international tourist arrivals with selected macroeconomic variables namely GDP per capita, real interest rate and inflation rate. The panel data is used instead of time series data. In conducting this study, ten Asian countries with the period of eighteen years ranging from 1995 to 2012 has been used as the sample. This study employs regression model in order to investigate the relationship between the explanatory variables towards tourist arrivals. Findings showed that GDP per capita has a positive significant relationship whereas inflation rate has a negative significant relationship. But, real interest rate is not significant towards tourism development (number of international tourist arrivals). In addition, for future researchers, it is recommended to increase the number of in order to get an accurate result as the scope is small. Plus, it is suggested to add more independent variables such as real effective exchange rate, trade openness and foreign direct investment to get a valid and reliable result. Similar studies can be done by using different analysis instead of panel data approach. 2014 Thesis https://ir.uitm.edu.my/id/eprint/92574/ https://ir.uitm.edu.my/id/eprint/92574/1/92574.pdf text en public degree Universiti Teknologi MARA, Terengganu Faculty Of Business Management Wan Mahmood, Wan Mansor
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Wan Mahmood, Wan Mansor
topic	Investment capital formation speculation
spellingShingle	Investment capital formation speculation Ismail, Nur Izyani Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail
description	Tourism development is one of the important roles that influence the economic growth and stability. Tourism can be either domestic or international. International tourism has both upcoming and outgoing impacts on a country’s balance of payments. Today, tourism is one of the major sources of income for many countries in the world and affects the economy of both the source and host countries. Therefore, this study attempts to ascertain the relationship between the international tourist arrivals with selected macroeconomic variables namely GDP per capita, real interest rate and inflation rate. The panel data is used instead of time series data. In conducting this study, ten Asian countries with the period of eighteen years ranging from 1995 to 2012 has been used as the sample. This study employs regression model in order to investigate the relationship between the explanatory variables towards tourist arrivals. Findings showed that GDP per capita has a positive significant relationship whereas inflation rate has a negative significant relationship. But, real interest rate is not significant towards tourism development (number of international tourist arrivals). In addition, for future researchers, it is recommended to increase the number of in order to get an accurate result as the scope is small. Plus, it is suggested to add more independent variables such as real effective exchange rate, trade openness and foreign direct investment to get a valid and reliable result. Similar studies can be done by using different analysis instead of panel data approach.
format	Thesis
qualification_level	Bachelor degree
author	Ismail, Nur Izyani
author_facet	Ismail, Nur Izyani
author_sort	Ismail, Nur Izyani
title	Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail
title_short	Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail
title_full	Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail
title_fullStr	Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail
title_full_unstemmed	Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail
title_sort	tourism development and economic growth in asian countries: 1995-2012 / nur izyani ismail
granting_institution	Universiti Teknologi MARA, Terengganu
granting_department	Faculty Of Business Management
publishDate	2014
url	https://ir.uitm.edu.my/id/eprint/92574/1/92574.pdf
_version_	1794192277529165824

Tourism development and economic growth in Asian countries: 1995-2012 / Nur Izyani Ismail

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