|
UPSI Digital Repository (UDRep)
|
|
| ||||||||||||||||||||||
| Abstract : Universiti Pendidikan Sultan Idris |
| A remarkable feature of empirical studies is that not many research works investigate the relation between human development and tourism. Although gross domestic product may replace human development to measure economy progress and human well-being in relation to tourism, however, this definition, is narrow, limits to economic side, and ignores the social and cultural factors. To overcome this shortcoming, this study examines the relationship between human development, tourism and economic growth in Malaysia. By using different cointegration approaches, the results indicate that tourism is positively related to human development in the long run. The finding suggests that the known relationship may serve as a guide to policy makers to achieve better development of social and cultural in order to promote the growth. |
| References |
Anderreck, K.L., Valentine, K.M., & Knopf, R.C. (2007). A Cross-cultural analysis of tourism and quality of life perception. Journal of Sustainable Tourism, 15, 483-502. Ankomah, P.K., & Crompton, J.L. (1990). Unrealized Tourism Potential: The case of Sub-Saharan Africa. Tourism Management, 11, 610-616. Aslan, A. (2013). Tourism development and economic growth in the Mediterranean countries: Evidence from Panel Granger Causality Test. Current Issues in Tourism, 17(4), 363-372. Biagi, B., Ladu, M., & Royuela, V. (2017). Human development and tourism specilaization. Evidence from a panel of developed and developing Countries. International Journal Tourism, 19(2), 160-178. Department of Statistic Malaysia. (2016). Economic census. Kuala Lumpur: Department of Statistic Malaysia. Haque, S., & Chandio, J.A. (2013). Human Capital Flight in Pakistan: Strategies for Coping Brain Drain Situation. International Journal of Economics Business and Management Studies, 2(2), 75-82. Johansen, S., & Juselius, K.J. (1990). Maximum likelihood estimation and inference on cointegration—with applications to the demand for money. Oxford Bulletin of Economics and statistics, 52(2), 169-210. Kadir, N., & Karim, M.Z. (2012). Tourism and economic growth in Malaysia: Evidence from tourist arrivals from Asean-5 countries. Economic Research, 25(4), 1089-1100. Kukreja, G., & Alshirawi, A.A. (2014). Factors affecting business environment for investments: A survey of Bahraini businessmen. Journal of Asian Business Strategy, 4(12), 194-199. Kum, H., Aslan, A., & Gungor, M. (2015). Tourism and economic growth: The case of next 11 countries. International Journal Economics Finance Issues, 5(4), 1075-1081 Lean, H.H., & Tang, C.F. (2010). Is the Tourism-led growth hypothesis stable for Malaysia? A note. International Journal of Tourism Research, 12(4), 375-378. Lean, H.H., Chong, S.H., & Hooy, C.W. (2014). Tourism and economic growth: Comparing Malaysia and Singapore. International Journal of Economics and Management, 8(1), 139-157. Maciuliene, M., Skarzauskiene, A., & Botteldooren, D. (2018). Developing a digital co-creation assessment methodology. Contemporary Economics, 12(4), 399-408. Marrocu, E., & Paci, R. (2011). They arrive with new information. Tourism flows and production efficiency in the European regions. Tourism Management, 32(4), 750-758. Mohamed, B.M., Rasheli, G.A., & Mwagike, L.R. (2018). Marginal Effects of Factors Influencing Procurement Records Management: A Survey of Selected Procuring Entities in Tanzania. International Journal of Social and Administrative Sciences, 3(1), 22-34. Nana, A.E. (2017). Tourism: A promoter of human development. Unizik Journal of Arts and Humanities, 18(2), 192-210. Njegovanovic, A. (2018). Hilbert Space/Quantum Theory of the Financial Decision and Role of the Prefrontal Cortex with a View to Emotions. International Journal of Social and Administrative Sciences, 3(1), 42-54. Othman, R., & Salleh, N.H. (2008). Relationship between tourism industry development and economic growth in major ASEAN countries. International Journal of Management Studies, 17, 171-188. Rivera, M.A. (2017). The synergies between human development, economic growth, and tourism within a developing country: An empirical model for Ecuador. Journal of Destination Marketing and Management, 6(3), 221-232. Sen, A. (1999). Commodities and capabilities. India: Oxford University Press. Shafai, N.A., Nassir, A.M., Kamarudin, F., Rahim, N.A., & Ahmad, N.H. (2019). Dynamic Panel Model of Dividend Policies: Malaysian Perspective. Contemporary Economics, 13(3), 239-252. Sinclair, M.T. (1998). Tourism and economic growth: A survey. Journal of Development Studies, 34(5), 1-51. Suresh, J., & Senthilnathan, S. (2014). Relationship between tourism and economic growth in Sri Lanka. In S. Vijayakumar (Ed.), Economic issues in Sri Lanka (pp. 115-132). Jaffna, Sri Lanka: Guru Publisher. Tang, C.F., & Tan, E.C. (2015). Does tourism effectively stimulate Malaysia's economic growth?. Tourism Management, 46, 158-163. Tanoos, J.J. (2017). East Asian trade cooperation versus US and EU protectionist trends and their association to Chinese steel exports. Asian Journal of Economics and Empirical Research, 4(1), 1-7. United Nation. (2018). Human development indices and indicators. Washington D.C.: United Nations Development Programme. Vanegas, M., & Croes, R. (2003). Growth, development and tourism in a small economy: Evidence from Aruba. International Journal of Tourism Research, 5(5), 315-330. World Bank Data. (2018). World development indicators. Geneva: The World Bank Group. Zafarullah, M. (2018). VAT and Accounting Issues and Solutions in UAE. International Journal of Social and Administrative Sciences, 3(1), 35-41.  |
| This material may be protected under Copyright Act which governs the making of photocopies or reproductions of copyrighted materials. You may use the digitized material for private study, scholarship, or research. |