Title of article :
IMPAK PERBELANJAAN PELANCONG ANTARABANGSA KEPADA EKONOMI MALAYSIA
Author/Authors :
MOHD SALLEH, NORLIDA HANIM Universiti Kebangsaan Malaysia - Fakulti Ekonomi dan Perniagaan, Malaysia , OTHMAN, REDZUAN Universiti Kebangsaan Malaysia - Fakulti Ekonomi dan Perniagaan, Malaysia , OTHMAN, REDZUAN Universiti Kebangsaan Malaysia - Institut Kajian Asia Barat (IKRAB), Malaysia , JAAFAR, ABDUL HAMID Universiti Kebangsaan Malaysia - Fakulti Ekonomi dan Perniagaan, Malaysia
Abstract :
Purpose – The increase in tourist expenditure will lead to increment in the final demand for goods and services from tourism related sub-sectors in the countries they have visited. This increment will affect or cause expansion in national output, income and government tax collections from related sub-sectors. Some of the goods required by tourists are final goods or goods which use imported input base. Since tourists also require imported goods, their spending will definitely stimulate the volume of imported goods. This study discussed the conceptual framework of Input-Output Analysis, and followed by estimating the real impact of international tourist spending to the Malaysian economy. Design/Methodology/Approach – This research employed the Input- Output Analysis. For the purpose of empirical estimation the Input-Output Table 2000 published by the Department of Statistic with appropriate sub- sectors aggregation was utilized. Findings – The research findings have shown that several tourism sub- sectors namely hotels and restaurants, wholesale and retail, transportation as well as the manufacturing sector which is not directly related to the tourism sub-sector are among the important contributors to the economy as a whole. Multiplier values for the output, income and tax collections are quite high (10–50 percent). Although, tourist spending also contributed to the increase in the volume of imports, its increase was relatively low around 20 percent. Originality/Value – The research results can be used as a guidance by appropriate stakeholders especially in formulating tourism-related policies as well as assisting students to have a better understanding of the interrelatedness of the various economic sectors in any country.
Keywords :
Malaysian tourism , economic impact , multipliers , input , output analysis.
Journal title :
International Journal of Management Studies
Journal title :
International Journal of Management Studies