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An Econometric Analysis of Global Muslim Travel Index: A Study on the Perspectives of Permitted Tourism Industry in the Global Context

Author

Listed:
  • Sainudeen Nisthar

    (Department of Local Government, Eastern Province, Trincomalee,)

  • Abdul Majeed Mohamed Mustafa

    (Department of Management, Faculty of Management and Commerce, South Eastern University of Sri Lanka, Oluvil # 32360, Sri Lanka)

Abstract

The prime objective of this study is to assess the relationship between rank of Global Muslim Travel Index (GMTI) and the services composed into GMTI such as Prayers Places (PRPL), Airport Facilities (AIRP), Unique Experiences (UNIQ), Hotel (HOTE), and Restaurant (REST) which are the independent variables. Cross sectional quantitative data of 30 countries connected to components of the Permitted tourism services are collected from the Institution of Crescent Rating 2018. The dependent variable is RANK: Global Rank of GMTI - 2018. The prime tools used in this study are Correlation, ANOVA, Multiple Regression, Histogram, and PP-Plot. It is found that As Hotel (HOTE): Hotel facilities are increased by one unit, Global Rank of GMTI (RANK) of the respective country is lowered by 0. 352. Inverse linear relationship between Global Rank of GMTI 2018 and other factors are significantly estimated in the different degrees of strength.

Suggested Citation

  • Sainudeen Nisthar & Abdul Majeed Mohamed Mustafa, 2019. "An Econometric Analysis of Global Muslim Travel Index: A Study on the Perspectives of Permitted Tourism Industry in the Global Context," International Journal of Economics and Financial Issues, Econjournals, vol. 9(5), pages 44-49.
    • Handle: RePEc:eco:journ1:2019-05-7
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    References listed on IDEAS

    as
    1. Lee Shi Yan & Nor Amirah Zahari & Aimi Sara Ismail & Norhidayu Muhamad Zain, 2017. "Halal Tourism: A New World for Tourism Industry," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(8), pages 643-657, August.
    2. Lee Shi Yan & Nor Amirah Zahari & Aimi Sara Ismail & Norhidayu Muhamad Zain, 2017. "Halal Tourism: A New World for Tourism Industry," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(8), pages 643-657.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Global Muslim Travel Index; Global Rank ; Permitted Tourism ; Regression;
    All these keywords.

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development

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