Influence of Tourism on Economic Development in Asian Countries
Although the tourism industry has recorded the lowest pollution, it significantly contributes to the global economy. Therefore, many countries have spent great efforts in promoting their tourism industry to support their entire economic development. This article considers factors related to the rela...
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2020-12-01
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Online Access: | http://mer.ase.ro/files/2020-2/5-2-2.pdf |
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doaj-ae7ba0159b7549879f9042d2fc336d092020-12-14T12:10:52ZengEditura ASEManagement and Economics Review2501-885X2501-885X2020-12-015220721610.24818/mer/2020.12-02Influence of Tourism on Economic Development in Asian CountriesWen-Chuan FU0Chia-Jui PENG1Tzu-Yi YANG2Chung Yuan Christian UniversityChung Yuan Christian UniversityMing Chi University of TechnologyAlthough the tourism industry has recorded the lowest pollution, it significantly contributes to the global economy. Therefore, many countries have spent great efforts in promoting their tourism industry to support their entire economic development. This article considers factors related to the relationship between national economic growth and international entry tourism for 11 Asian countries to investigate the existence of the cross-sectional difference between these countries. Results show that exchange rate fluctuation is an alternative factor affecting economic growth risk, and common slope exists between countries. Moreover, international entry tourist headcount and income show differential slope in some countries, implying that these factors affect the economies of different Asian countries differently. http://mer.ase.ro/files/2020-2/5-2-2.pdftourism receiptsgdpexchange ratestourist arrivals |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Wen-Chuan FU Chia-Jui PENG Tzu-Yi YANG |
spellingShingle |
Wen-Chuan FU Chia-Jui PENG Tzu-Yi YANG Influence of Tourism on Economic Development in Asian Countries Management and Economics Review tourism receipts gdp exchange rates tourist arrivals |
author_facet |
Wen-Chuan FU Chia-Jui PENG Tzu-Yi YANG |
author_sort |
Wen-Chuan FU |
title |
Influence of Tourism on Economic Development in Asian Countries |
title_short |
Influence of Tourism on Economic Development in Asian Countries |
title_full |
Influence of Tourism on Economic Development in Asian Countries |
title_fullStr |
Influence of Tourism on Economic Development in Asian Countries |
title_full_unstemmed |
Influence of Tourism on Economic Development in Asian Countries |
title_sort |
influence of tourism on economic development in asian countries |
publisher |
Editura ASE |
series |
Management and Economics Review |
issn |
2501-885X 2501-885X |
publishDate |
2020-12-01 |
description |
Although the tourism industry has recorded the lowest pollution, it significantly contributes to the global economy. Therefore, many countries have spent great efforts in promoting their tourism industry to support their entire economic development. This article considers factors related to the relationship between national economic growth and international entry tourism for 11 Asian countries to investigate the existence of the cross-sectional difference between these countries.
Results show that exchange rate fluctuation is an alternative factor affecting economic growth risk, and common slope exists between countries. Moreover, international entry tourist headcount and income show differential slope in some countries, implying that these factors affect the economies of different Asian countries differently.
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topic |
tourism receipts gdp exchange rates tourist arrivals |
url |
http://mer.ase.ro/files/2020-2/5-2-2.pdf |
work_keys_str_mv |
AT wenchuanfu influenceoftourismoneconomicdevelopmentinasiancountries AT chiajuipeng influenceoftourismoneconomicdevelopmentinasiancountries AT tzuyiyang influenceoftourismoneconomicdevelopmentinasiancountries |
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1724383736136466432 |