Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries

Most countries in South-East Asia, especially Cambodia, Laos, Myanmar, Thailand, and Vietnam, have relatively undisturbed natural environment and their own unique as well as genuine culture. Such advantages have made travelling to these five countries more attractive for foreign visitors. This study...

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Main Author: Thien, Fung Thai
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:http://ir.unimas.my/id/eprint/8306/1/Thien%20FT.pdf
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spelling my-unimas-ir.83062023-08-24T06:33:43Z Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries 2014 Thien, Fung Thai HB Economic Theory Most countries in South-East Asia, especially Cambodia, Laos, Myanmar, Thailand, and Vietnam, have relatively undisturbed natural environment and their own unique as well as genuine culture. Such advantages have made travelling to these five countries more attractive for foreign visitors. This study empirically examines the tourism demand for these GMS countries from macroeconomic perspective. The panel data analysis was applied to examine the influence of income, tourism price, travel cost and global financial crisis towards tourism demand in these countries. Specifically, the static linear panel models have been used to estimate tourism demand model for GMS countries. Overall, the results indicate that income, tourism price and travel cost have significant influence on tourism demand in these countries. In order to attract more tourist arrival into these countries, the tourism facilities, promotions as well as attractions should be the focal of development for these countries. Such development is important as tourism sector has become an important contributor to the economy of GMS countries. Universiti Malaysia Sarawak, (UNIMAS) 2014 Thesis http://ir.unimas.my/id/eprint/8306/ http://ir.unimas.my/id/eprint/8306/1/Thien%20FT.pdf text en validuser masters Universiti Malaysia Sarawak, (UNIMAS) Faculty of Economics and Business.
institution Universiti Malaysia Sarawak
collection UNIMAS Institutional Repository
language English
topic HB Economic Theory
spellingShingle HB Economic Theory
Thien, Fung Thai
Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries
description Most countries in South-East Asia, especially Cambodia, Laos, Myanmar, Thailand, and Vietnam, have relatively undisturbed natural environment and their own unique as well as genuine culture. Such advantages have made travelling to these five countries more attractive for foreign visitors. This study empirically examines the tourism demand for these GMS countries from macroeconomic perspective. The panel data analysis was applied to examine the influence of income, tourism price, travel cost and global financial crisis towards tourism demand in these countries. Specifically, the static linear panel models have been used to estimate tourism demand model for GMS countries. Overall, the results indicate that income, tourism price and travel cost have significant influence on tourism demand in these countries. In order to attract more tourist arrival into these countries, the tourism facilities, promotions as well as attractions should be the focal of development for these countries. Such development is important as tourism sector has become an important contributor to the economy of GMS countries.
format Thesis
qualification_level Master's degree
author Thien, Fung Thai
author_facet Thien, Fung Thai
author_sort Thien, Fung Thai
title Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries
title_short Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries
title_full Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries
title_fullStr Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries
title_full_unstemmed Assessing the determinants of tourism demand in greater mekong sub-region (gms) countries
title_sort assessing the determinants of tourism demand in greater mekong sub-region (gms) countries
granting_institution Universiti Malaysia Sarawak, (UNIMAS)
granting_department Faculty of Economics and Business.
publishDate 2014
url http://ir.unimas.my/id/eprint/8306/1/Thien%20FT.pdf
_version_ 1783727980771540992