The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests
Autor(a) principal: | |
---|---|
Data de Publicação: | 2010 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://scielo.pt/scielo.php?script=sci_arttext&pid=S1646-24082010000100003 |
Resumo: | Tourism industry and economic growth of a particular country are to some extent, interrelated. The aim of this study is to investigate the presence as well as direction of (significant) causal relationship between the Malaysian international tourism receipts and real growth in its national economy. Based on the sample period of 1994 through 2004, the data are examined from the perspective of multivariate causality procedure. Major finding of the study is twofold: First, international tourism receipts and real economic growth are found to be significantly cointegrated. Secondly, multivariate causality test based on the error correction model reveals that the Granger causality between international tourism receipts and real economic growth is unidirectional - running from real economic growth to international tourism receipts. The practical implication that could be conceived from this growth-led tourism finding is that, as the Malaysian economy is growing, accelerated growth of socio-economic activities as well as business opportunities in its tourism-related sectors could be expected. |
id |
RCAP_5d149ace17883b4fcf61e3037301f2a3 |
---|---|
oai_identifier_str |
oai:scielo:S1646-24082010000100003 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality testsTourismeconomic growthmultivariate causality testsMalaysiaTourism industry and economic growth of a particular country are to some extent, interrelated. The aim of this study is to investigate the presence as well as direction of (significant) causal relationship between the Malaysian international tourism receipts and real growth in its national economy. Based on the sample period of 1994 through 2004, the data are examined from the perspective of multivariate causality procedure. Major finding of the study is twofold: First, international tourism receipts and real economic growth are found to be significantly cointegrated. Secondly, multivariate causality test based on the error correction model reveals that the Granger causality between international tourism receipts and real economic growth is unidirectional - running from real economic growth to international tourism receipts. The practical implication that could be conceived from this growth-led tourism finding is that, as the Malaysian economy is growing, accelerated growth of socio-economic activities as well as business opportunities in its tourism-related sectors could be expected.Escola Superior de Gestão, Hotelaria e Turismo2010-01-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articletext/htmlhttp://scielo.pt/scielo.php?script=sci_arttext&pid=S1646-24082010000100003Revista Encontros Científicos - Tourism & Management Studies n.6 2010reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttp://scielo.pt/scielo.php?script=sci_arttext&pid=S1646-24082010000100003Kadir,NorsiahNayan,SabriAbdullah,Mat Saadinfo:eu-repo/semantics/openAccess2024-02-06T17:21:04Zoai:scielo:S1646-24082010000100003Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T02:28:13.277206Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests |
title |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests |
spellingShingle |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests Kadir,Norsiah Tourism economic growth multivariate causality tests Malaysia |
title_short |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests |
title_full |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests |
title_fullStr |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests |
title_full_unstemmed |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests |
title_sort |
The causal relationship between tourism and economic growth in Malaysia: Evidence from multivariate causality tests |
author |
Kadir,Norsiah |
author_facet |
Kadir,Norsiah Nayan,Sabri Abdullah,Mat Saad |
author_role |
author |
author2 |
Nayan,Sabri Abdullah,Mat Saad |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Kadir,Norsiah Nayan,Sabri Abdullah,Mat Saad |
dc.subject.por.fl_str_mv |
Tourism economic growth multivariate causality tests Malaysia |
topic |
Tourism economic growth multivariate causality tests Malaysia |
description |
Tourism industry and economic growth of a particular country are to some extent, interrelated. The aim of this study is to investigate the presence as well as direction of (significant) causal relationship between the Malaysian international tourism receipts and real growth in its national economy. Based on the sample period of 1994 through 2004, the data are examined from the perspective of multivariate causality procedure. Major finding of the study is twofold: First, international tourism receipts and real economic growth are found to be significantly cointegrated. Secondly, multivariate causality test based on the error correction model reveals that the Granger causality between international tourism receipts and real economic growth is unidirectional - running from real economic growth to international tourism receipts. The practical implication that could be conceived from this growth-led tourism finding is that, as the Malaysian economy is growing, accelerated growth of socio-economic activities as well as business opportunities in its tourism-related sectors could be expected. |
publishDate |
2010 |
dc.date.none.fl_str_mv |
2010-01-01 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S1646-24082010000100003 |
url |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S1646-24082010000100003 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S1646-24082010000100003 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Escola Superior de Gestão, Hotelaria e Turismo |
publisher.none.fl_str_mv |
Escola Superior de Gestão, Hotelaria e Turismo |
dc.source.none.fl_str_mv |
Revista Encontros Científicos - Tourism & Management Studies n.6 2010 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799137352427241472 |