Tourism and Hotels in Sarawak: Economic Performance

Dayang Hummida, Abang Abdul Rahman and Dayang Affizzah, Awang Marikan and Salbiah, Edman (2012) Tourism and Hotels in Sarawak: Economic Performance. Procedia - Social and Behavioral Sciences, 65. pp. 1020-1026. ISSN 1877-0428

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This study investigates the relationship between output growth in the hotels industry in Sarawak (in term of Revenue),tourist arrivals, exchange rate and economic growth in Sarawak, using the time series data from 1975 to 2004. An Augmented-Dickey Fuller (ADF) unit root test, Johansen and Juselius cointegration approach and causality test based on Vector Error Correction Model (VECM) were deployed to run the analysis. The findings show the existent of the long-run and short-run relationship between the variables. Besides that, the results reveal that tourist arrivals have apositive impact on growth. However exchange rate has a negative impact on economic growth.

Item Type: Article
Uncontrolled Keywords: economic growth, causality, research, Universiti Malaysia Sarawak, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Faculties, Institutes, Centres > Faculty of Economics and Business
Depositing User: Ab Rahim
Date Deposited: 04 Oct 2017 06:19
Last Modified: 23 Mar 2023 07:21

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