Abstract
This study examines the positive and negative effects of oil price shocks on tourism arrivals in Malaysia over the period 2000-2016. Using a nonlinear autoregressive distributed lag (ARDL) model, our results show that increases in oil prices have a stronger impact on tourism arrivals than decreases in oil prices, both in the short run and the long run.
Original language | English |
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Pages (from-to) | 942-946 |
Number of pages | 5 |
Journal | Current Issues in Tourism |
Volume | 23 |
Issue number | 8 |
DOIs | |
Publication status | Published - 2020 |
Keywords
- Malaysia
- petroleum industry and trade
- prices
- tourism