Modelling the demand for inbound medical tourism : The case of Malaysia

This paper empirically examines the macroeconomic determinants for medical tourism demand using time series econometrics methodology. We find that income, price, exchange rate, SARS outbreak, safety, medical quality, manpower, and medical facilities are significantly affecting the long-run demand be...

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Main Authors: Tang, Chor Foon, Lau, Evan Poh Hock
Format: Article
Language:English
Published: John Wiley and Sons Ltd 2017
Subjects:
Online Access:http://ir.unimas.my/id/eprint/17877/
http://ir.unimas.my/id/eprint/17877/1/Evan%20Poh.pdf
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author Tang, Chor Foon
Lau, Evan Poh Hock
author_facet Tang, Chor Foon
Lau, Evan Poh Hock
author_sort Tang, Chor Foon
building UNIMAS Institutional Repository
collection Online Access
description This paper empirically examines the macroeconomic determinants for medical tourism demand using time series econometrics methodology. We find that income, price, exchange rate, SARS outbreak, safety, medical quality, manpower, and medical facilities are significantly affecting the long-run demand behaviour of medical tourism in Malaysia. In order to attract medical tourists, policymakers in Malaysia should (a) reduce the medical prices, (b) reduce the crime rate and improve safety, and (c) continue the improvement of research, medical quality, manpower, and facilities to support the revolution of inbound medical tourism demand in Malaysia. This is to ensure the Malaysia's sustainable economic development
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institution Universiti Malaysia Sarawak
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publishDate 2017
publisher John Wiley and Sons Ltd
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spelling unimas-178772021-06-08T13:02:16Z http://ir.unimas.my/id/eprint/17877/ Modelling the demand for inbound medical tourism : The case of Malaysia Tang, Chor Foon Lau, Evan Poh Hock HC Economic History and Conditions This paper empirically examines the macroeconomic determinants for medical tourism demand using time series econometrics methodology. We find that income, price, exchange rate, SARS outbreak, safety, medical quality, manpower, and medical facilities are significantly affecting the long-run demand behaviour of medical tourism in Malaysia. In order to attract medical tourists, policymakers in Malaysia should (a) reduce the medical prices, (b) reduce the crime rate and improve safety, and (c) continue the improvement of research, medical quality, manpower, and facilities to support the revolution of inbound medical tourism demand in Malaysia. This is to ensure the Malaysia's sustainable economic development John Wiley and Sons Ltd 2017 Article PeerReviewed text en http://ir.unimas.my/id/eprint/17877/1/Evan%20Poh.pdf Tang, Chor Foon and Lau, Evan Poh Hock (2017) Modelling the demand for inbound medical tourism : The case of Malaysia. International Journal of Tourism Research, 19 (5). pp. 584-593. ISSN 1099-2340 http://onlinelibrary.wiley.com/doi/10.1002/jtr.2131 DOI: 10.1002/jtr.2131
spellingShingle HC Economic History and Conditions
Tang, Chor Foon
Lau, Evan Poh Hock
Modelling the demand for inbound medical tourism : The case of Malaysia
title Modelling the demand for inbound medical tourism : The case of Malaysia
title_full Modelling the demand for inbound medical tourism : The case of Malaysia
title_fullStr Modelling the demand for inbound medical tourism : The case of Malaysia
title_full_unstemmed Modelling the demand for inbound medical tourism : The case of Malaysia
title_short Modelling the demand for inbound medical tourism : The case of Malaysia
title_sort modelling the demand for inbound medical tourism : the case of malaysia
topic HC Economic History and Conditions
url http://ir.unimas.my/id/eprint/17877/
http://ir.unimas.my/id/eprint/17877/
http://ir.unimas.my/id/eprint/17877/
http://ir.unimas.my/id/eprint/17877/1/Evan%20Poh.pdf