The effect of tourism expenditure on the economy : a new evidence

The aim of this study is to evaluate the impact of development on the Malaysian economy through the impact of tourist expenditure by using the Social Accounting Matrix (SAM). The discussion of the study focused on the value of multipliers, factors of production and household income from tourism acti...

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Main Authors: Norma Azuli Mohd Nor, Norlida Hanim Mohd Salleh, Falatehan, A Faroby
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2021
Online Access:http://journalarticle.ukm.my/18796/
http://journalarticle.ukm.my/18796/1/jeko_553-2.pdf
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author Norma Azuli Mohd Nor,
Norlida Hanim Mohd Salleh,
Falatehan, A Faroby
author_facet Norma Azuli Mohd Nor,
Norlida Hanim Mohd Salleh,
Falatehan, A Faroby
author_sort Norma Azuli Mohd Nor,
building UKM Institutional Repository
collection Online Access
description The aim of this study is to evaluate the impact of development on the Malaysian economy through the impact of tourist expenditure by using the Social Accounting Matrix (SAM). The discussion of the study focused on the value of multipliers, factors of production and household income from tourism activities in urban and rural areas. The results had shown that tourist expenditure on the arts, entertainment and recreation subsectors produced the largest multiplier effect on output. Meanwhile, other sub-sectors such as shopping, food and beverage, accommodation and transportation did not show significant differences. In addition, there is a large income distribution gap in urban and rural areas although income distribution to factors of production and households has a positive effect. This inequality needs to be addressed to ensure that tourism development can benefit the overall economy. Among the steps that can be done is Community -Based Tourism (CBT) which involves collaboration between local communities and stakeholders to support authenticity, environmental sustainability, and strengthen management and supervision. It is expected to overcome the problems encountered as a result of the findings of the study. This is expected to increase the positive economic impact of tourism development.
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spelling oai:generic.eprints.org:187962022-06-23T08:37:01Z http://journalarticle.ukm.my/18796/ The effect of tourism expenditure on the economy : a new evidence Norma Azuli Mohd Nor, Norlida Hanim Mohd Salleh, Falatehan, A Faroby The aim of this study is to evaluate the impact of development on the Malaysian economy through the impact of tourist expenditure by using the Social Accounting Matrix (SAM). The discussion of the study focused on the value of multipliers, factors of production and household income from tourism activities in urban and rural areas. The results had shown that tourist expenditure on the arts, entertainment and recreation subsectors produced the largest multiplier effect on output. Meanwhile, other sub-sectors such as shopping, food and beverage, accommodation and transportation did not show significant differences. In addition, there is a large income distribution gap in urban and rural areas although income distribution to factors of production and households has a positive effect. This inequality needs to be addressed to ensure that tourism development can benefit the overall economy. Among the steps that can be done is Community -Based Tourism (CBT) which involves collaboration between local communities and stakeholders to support authenticity, environmental sustainability, and strengthen management and supervision. It is expected to overcome the problems encountered as a result of the findings of the study. This is expected to increase the positive economic impact of tourism development. Penerbit Universiti Kebangsaan Malaysia 2021 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/18796/1/jeko_553-2.pdf Norma Azuli Mohd Nor, and Norlida Hanim Mohd Salleh, and Falatehan, A Faroby (2021) The effect of tourism expenditure on the economy : a new evidence. Jurnal Ekonomi Malaysia, 55 (3). pp. 23-34. ISSN 0127-1962 https://www.ukm.my/jem/issue/v55i3/
spellingShingle Norma Azuli Mohd Nor,
Norlida Hanim Mohd Salleh,
Falatehan, A Faroby
The effect of tourism expenditure on the economy : a new evidence
title The effect of tourism expenditure on the economy : a new evidence
title_full The effect of tourism expenditure on the economy : a new evidence
title_fullStr The effect of tourism expenditure on the economy : a new evidence
title_full_unstemmed The effect of tourism expenditure on the economy : a new evidence
title_short The effect of tourism expenditure on the economy : a new evidence
title_sort effect of tourism expenditure on the economy : a new evidence
url http://journalarticle.ukm.my/18796/
http://journalarticle.ukm.my/18796/
http://journalarticle.ukm.my/18796/1/jeko_553-2.pdf