Influencing Factors Mitigate Middle East Tourist Travelling to Malaysia: the Quantile Estimates

• Autorzy: Suraya Ismail , Nanthakumar Loganathan , Dalia Streimikiene , Tirta Nugraha Mursitama , Abbas Mardani , Wan Anisah Endut
• Języki publikacji: EN

Abstrakty

EN

This research examines the possible impacts of global oil prices, exchange rate and tourism prices on Malaysia's demand for the Middle East tourists' arrivals using monthly data covering the period from 1995 to 2017. We covered the 5 major sources of Middle East tourism to Malaysia in the last 2 decades, such as Saudi Arabia, Qatar, Iran, Syria and the United Arab Emirates. The estimates of the quantile regression reveal that the global oil price fluctuation has affected the Middle East tourist arrivals to Malaysia. First, we found that there is a positive quantile effect of tourism, domestic tourism prices and global oil prices with Middle East tourism demand in Malaysia throughout the estimated quantiles. Secondly, we could not find any specific influence of exchange rate and this shows that the fluctuating Malaysia's currency is not a major issue for the Middle East tourists. Overall, this finding can be useful for policymakers while improving their future tourism planning and in attracting more tourists to visit Malaysia in the upcoming years. (original abstract)

Słowa kluczowe

EN

Oil prices; Quantile regression; Tourism; Exchange rates

PL

Ceny ropy naftowej; Regresja kwantylowa; Turystyka; Kurs walutowy

• Czasopismo: Journal of International Studies
• Rocznik: 2018
• Tom: 11
• Numer: nr 3
• Strony: 137--146

Twórcy

autor

Suraya Ismail

• Universiti Sultan Zainal Abidin, Malaysia

autor

Nanthakumar Loganathan

• Universiti Teknologi Malaysia, Johor, Malaysia

autor

Dalia Streimikiene

• Lithuanian Sports University, Kaunas, Lithuanian

autor

Tirta Nugraha Mursitama

• Bina Nusantara University, Jakarta, Indonesia

autor

Abbas Mardani

• Universiti Teknologi Malaysia, Johor, Malaysia

autor

Wan Anisah Endut

• Universiti Sultan Zainal Abidin, Malaysia

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Identyfikatory

DOI

10.14254/2071-8330.2018/11-3/12