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Macroeconomic Factors Influencing Malaysian Tourism Revenue, 2002–2008

Author

Listed:
  • K. Jayaraman
  • Soh Keng Lin
  • Hasnah Haron
  • Wooi Leng Ong

Abstract

The Malaysian tourism industry has flourished considerably over the years due to the growth of new tourist landmarks, together with its rich cultural heritage. The industry generated 6.78% of the total income from exports in 2008. This paper focuses on the dynamic relationship between macroeconomic factors and tourism revenue in Malaysia from January 2002 to December 2008. In this context, the authors investigate the presence of seasonal fluctuations in tourism revenue and examine the macroeconomic factors influencing the five top tourist-generating countries for Malaysia.

Suggested Citation

  • K. Jayaraman & Soh Keng Lin & Hasnah Haron & Wooi Leng Ong, 2011. "Macroeconomic Factors Influencing Malaysian Tourism Revenue, 2002–2008," Tourism Economics, , vol. 17(6), pages 1347-1363, December.
  • Handle: RePEc:sae:toueco:v:17:y:2011:i:6:p:1347-1363
    DOI: 10.5367/te.2011.0087
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    References listed on IDEAS

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    1. Makena Coffman, 2010. "Oil price shocks in an island economy: an analysis of the oil price-macroeconomy relationship," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 44(3), pages 599-620, June.
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    Cited by:

    1. Gengying Jiao & Lin Lu & Guangsheng Chen & Zhiqiang Huang & Giuseppe T. Cirella & Xiaozhong Yang, 2021. "Spatiotemporal Characteristics and Influencing Factors of Tourism Revenue in the Yangtze River Delta Urban Agglomeration Region during 2001–2019," Sustainability, MDPI, vol. 13(7), pages 1-14, March.
    2. Hyunduk Suh & Sung-Bum Kim, 2018. "The Macroeconomic Determinants of International Casino Travel: Evidence from South Korea’s Top Four Inbound Markets," Sustainability, MDPI, vol. 10(2), pages 1-18, February.

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