Tang, Chor Foon and Lau, Evan Poh Hock (2017) Modelling the demand for inbound medical tourism : The case of Malaysia. International Journal of Tourism Research, 19 (5). pp. 584-593. ISSN 1099-2340
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Abstract
This paper empirically examines the macroeconomic determinants for medical tourism demand using time series econometrics methodology. We find that income, price, exchange rate, SARS outbreak, safety, medical quality, manpower, and medical facilities are significantly affecting the long-run demand behaviour of medical tourism in Malaysia. In order to attract medical tourists, policymakers in Malaysia should (a) reduce the medical prices, (b) reduce the crime rate and improve safety, and (c) continue the improvement of research, medical quality, manpower, and facilities to support the revolution of inbound medical tourism demand in Malaysia. This is to ensure the Malaysia's sustainable economic development
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | cointegration, forecasts, medical tourism demand, research, Universiti Malaysia Sarawak, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Karen Kornalius |
| Date Deposited: | 02 Oct 2017 06:56 |
| Last Modified: | 08 Jun 2021 13:02 |
| URI: | http://ir.unimas.my/id/eprint/17877 |
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