Estimating total contribution of tourism to Malaysian economy

Mazumder, Mohammad Nurul Huda and Raquib, Md. Abdur and Ahmed, Elsadig Musa (2011) Estimating total contribution of tourism to Malaysian economy. International Journal of Business Management and Social Science (IJBMSS), 2 (3). pp. 29-34. ISSN 2249-7463

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Abstract

The main objective of this study was to estimate the total contribution of tourism to Malaysian economy in the generation of output and income. The above objective was taken to fill the research gap of available literatures which estimated only the direct and indirect impact of tourism using partial input-output analysis. Input-output, the predominant model, was employed to estimate the total economic impact of tourism. The findings of this study revealed that tourism receipts were not only contributing to the generation of output and income of direct tourism related sectors but also to the generation of significant output and income impact of other productive sectors of the economy through indirect and induced impact. The study findings suggest that when preparing economic policies using multipliers, they should be made with caution as coefficient of multipliers varies among sectors. The variation in multipliers could be minimized by reducing import dependency of tourism sectors which,in fact, would increase the value of multipliers of tourism related sectors as well as other closely related productive sectors of Malaysian economy.

Item Type: Article
Subjects: H Social Sciences > HB Economic theory. Demography
Divisions: Faculty of Management (FOM)
Faculty of Business and Law (FBL)
Depositing User: Ms Rosnani Abd Wahab
Date Deposited: 13 Feb 2014 03:23
Last Modified: 05 Sep 2014 03:06
URI: http://shdl.mmu.edu.my/id/eprint/5186

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