The Relationship Between Tourism and Asian Sustainability: A Case Study of Major Tourist’s Arrival Countries
This study uses panel data from 1997 to 2017 to explain the current situation and trends of inbound tourism in some Asian countries and to analyze the relationship between tourism and Asian sustainability. In this study, growth decomposition method and Granger causality test are used. The growth...
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Format: | Theses and Dissertations |
Language: | English |
Published: |
เชียงใหม่ : บัณฑิตวิทยาลัย มหาวิทยาลัยเชียงใหม่
2020
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Online Access: | http://cmuir.cmu.ac.th/jspui/handle/6653943832/69606 |
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Institution: | Chiang Mai University |
Language: | English |
Summary: | This study uses panel data from 1997 to 2017 to explain the current situation and
trends of inbound tourism in some Asian countries and to analyze the relationship
between tourism and Asian sustainability. In this study, growth decomposition method
and Granger causality test are used. The growth decomposition methodology studies the
contribution of tourism to the Asian economy. The results show that, in addition to the
financial crisis and epidemic in a special period, the per capita real GDP of eight countries
in Southeast Asia shows a positive growth trend. The Granger causality group studies the
Dynamic Causality between tourism demand and economic, social and environmental
sustainability. The results show that there is a one-way Granger causality between tourism
and real GDP per capita. Then test each country's Granger causality. According to the
Granger causality test results of these eight countries, the right management can bring
wealth to the country, but the wrong management will destroy the ecology and cause
social conflicts. Sustainable tourism management policies should aim to maximize the
economic benefits of tourists and minimize the related adverse environmental impacts. |
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