Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun

Tourism brings numerous benefits to Malaysia by filling up the spreads demand from tourists. Aware of the comparative advantage in tourism from the Malaysian government, the tourism industry is treated as an essential factor in boosting the Malaysian economy. This paper investigates the determina...

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Main Author: Chen , Qiyun
Format: Thesis
Published: 2020
Subjects:
Online Access:http://studentsrepo.um.edu.my/13455/
http://studentsrepo.um.edu.my/13455/1/Chen_Qiyun.pdf
http://studentsrepo.um.edu.my/13455/2/Chen_Qiyun.pdf
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author Chen , Qiyun
author_facet Chen , Qiyun
author_sort Chen , Qiyun
building UM Research Repository
collection Online Access
description Tourism brings numerous benefits to Malaysia by filling up the spreads demand from tourists. Aware of the comparative advantage in tourism from the Malaysian government, the tourism industry is treated as an essential factor in boosting the Malaysian economy. This paper investigates the determinants of tourism demand in Malaysia by tourists from selected Asian countries – Singapore, Indonesia, China and Thailand using quarterly data from 2008 through 2018. Panel data technique is employed to analyze the effect of macroeconomic variables such as real GDP per capita, real exchange rate and trade openness on tourist arrivals in Malaysia. The empirical results show that real GDP per capita and trade openness positively affect tourism demand in Malaysia, while the real exchange rate is negatively correlated with the tourism demand. Lastly, the findings of this study provide corresponding policy recommendations to welcome more international tourists and improve the Malaysian tourism sector.
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format Thesis
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institution University Malaya
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last_indexed 2025-11-14T14:04:49Z
publishDate 2020
recordtype eprints
repository_type Digital Repository
spelling um-134552022-04-27T20:01:28Z Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun Chen , Qiyun H Social Sciences (General) HD Industries. Land use. Labor Tourism brings numerous benefits to Malaysia by filling up the spreads demand from tourists. Aware of the comparative advantage in tourism from the Malaysian government, the tourism industry is treated as an essential factor in boosting the Malaysian economy. This paper investigates the determinants of tourism demand in Malaysia by tourists from selected Asian countries – Singapore, Indonesia, China and Thailand using quarterly data from 2008 through 2018. Panel data technique is employed to analyze the effect of macroeconomic variables such as real GDP per capita, real exchange rate and trade openness on tourist arrivals in Malaysia. The empirical results show that real GDP per capita and trade openness positively affect tourism demand in Malaysia, while the real exchange rate is negatively correlated with the tourism demand. Lastly, the findings of this study provide corresponding policy recommendations to welcome more international tourists and improve the Malaysian tourism sector. 2020-08 Thesis NonPeerReviewed application/pdf http://studentsrepo.um.edu.my/13455/1/Chen_Qiyun.pdf application/pdf http://studentsrepo.um.edu.my/13455/2/Chen_Qiyun.pdf Chen , Qiyun (2020) Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun. Undergraduates thesis, Universiti Malaya. http://studentsrepo.um.edu.my/13455/
spellingShingle H Social Sciences (General)
HD Industries. Land use. Labor
Chen , Qiyun
Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun
title Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun
title_full Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun
title_fullStr Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun
title_full_unstemmed Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun
title_short Determinants of tourism demand in Malaysia: Evidence from selected Asian countries / Chen Qiyun
title_sort determinants of tourism demand in malaysia: evidence from selected asian countries / chen qiyun
topic H Social Sciences (General)
HD Industries. Land use. Labor
url http://studentsrepo.um.edu.my/13455/
http://studentsrepo.um.edu.my/13455/1/Chen_Qiyun.pdf
http://studentsrepo.um.edu.my/13455/2/Chen_Qiyun.pdf