IDEAS home Printed from https://ideas.repec.org/a/ids/ijbglo/v28y2021i1-2p172-192.html
   My bibliography  Save this article

The impact of educational tourism on economic growth: a panel data analysis

Author

Listed:
  • Siti Hajar Hussein
  • Suhal Kusairi
  • Fathilah Ismail

Abstract

Since the early 21st century, the educational tourism sector has been growing rapidly especially in developing countries and it is one of the major sources of export in a number of developed countries. Therefore, the objective of this paper is to determine the impact of educational tourism on economic growth with controlling the impact of exports of goods and foreign direct investment. A panel dataset of 11 countries was selected as the main group in international education exporter for the years 2002-2017 and this study utilised static panel data analysis. The results found that educational tourism and exports have positive impact on economic growth. The study also found that there is a country specific effect through different constant. This study proved that other than exports of goods, certain countries can benefit from the educational tourism sector as the new engine of economic sustainability.

Suggested Citation

  • Siti Hajar Hussein & Suhal Kusairi & Fathilah Ismail, 2021. "The impact of educational tourism on economic growth: a panel data analysis," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 28(1/2), pages 172-192.
    • Handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:172-192
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=115301
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbglo:v:28:y:2021:i:1/2:p:172-192. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=245 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.