Citation
Karimi, Asrin and Faroughi, Pouya and Abdul Rahim, Khalid
(2015)
Modeling and forecasting of international tourism demand in ASEAN countries.
American Journal of Applied Sciences, 12 (7).
pp. 479-486.
ISSN 1546-9239; ESSN: 1554-3641
Abstract
This study attempts to find the best model to forecast international tourism demand using a series of key macroeconomic variables in ASEAN countries. Generally, we find that generalized Poisson regression model is the best one for estimating long-run international tourism demand. In addition, we find that inflation and real exchange rate have negative relationship with international tourism demand. On the other hand, foreign direct investment and openness of trade have positive relationship with international tourism demand. Cointegration test result shows that there is a long-run relationship between variables.
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | Faculty of Economics and Management |
| DOI Number: | https://doi.org/10.3844/ajassp.2015.479.486 |
| Publisher: | Science Publications |
| Keywords: | Tourism demand; Economic growth; Macroeconomic indicators; Panel Poisson regression; Modeling |
| Depositing User: | Nabilah Mustapa |
| Date Deposited: | 10 Sep 2019 06:14 |
| Last Modified: | 10 Sep 2019 06:14 |
| Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.3844/ajassp.2015.479.486 |
| URI: | http://psasir.upm.edu.my/id/eprint/71010 |
| Statistic Details: | View Download Statistic |
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