Demand for tourism in Malaysia by tourists from four major industrial countries - a panel data analysis

Authors

  • Kadir Norsiah Universidade de Tecnologia
  • Mat Saad Abdullah Universidade de Technologia
  • Sabri Nayan Universidade de Tecnologia

Keywords:

Tourism demand, panel data econometrics, four major industrial countries, Malaysia.

Abstract

The fact that tourism industry can play an important role in generating growth for an economy has been widely accepted by political authorities in many countries. The relevant issue then is, what moves the growth of tourism sector in a particular economy? The present study examines the significant influence of some selected factors towards inbound tourists from four major industrial countries; namely, the U.S, the U.K, Germany and Japan to Malaysia.

Based on the sample period of eleven years (ranging from 1994 to 2004), the data are analyzed by employing the panel data econometric technique. Results of the study indicate that the level of income in the tourists’ country of origin, price of tourism in the substitute destination (the Philippines) and the “Malaysia…Truly Asia” global campaign, are significantly influential in determining the flow of international tourists from the four countries in the sample into Malaysia.

Author Biographies

  • Kadir Norsiah, Universidade de Tecnologia
    PhD in Tourism Economics, Senior Lecturer, Department of Economics
  • Mat Saad Abdullah, Universidade de Technologia
    PhD in Financial Economics, Associate Professor, Department of Finance
  • Sabri Nayan, Universidade de Tecnologia
    PhD in Monetary Economics, Senior Lecturer, Department of Economics

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Published

31.12.2008

Issue

Section

Tourism/Hospitality: Research Papers

How to Cite

Demand for tourism in Malaysia by tourists from four major industrial countries - a panel data analysis. (2008). Tourism & Management Studies, 4, 31-39. https://www.tmstudies.net/index.php/ectms/article/view/46