Determinants of international tourism receipts and technical efficiency of tourism sector in Malaysia, Thailand and Singapore

Prad Anumat () and Anuphak Saosaowapak
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Prad Anumat: Chiang Mai University
Anuphak Saosaowapak: Chiang Mai University

The Empirical Econometrics and Quantitative Economics Letters, 2013, vol. 2, issue 3, 111 - 116

Abstract: The purpose of this study is to interpret factors that affect the change of international tourism receipt using the stochastic frontier model with panel data and to study the technical efficiency of tourism sector in Malaysia, Thailand, and Singapore. The secondary data from 2001 to 2010 are used for this study. Significant factors that affect the change of international tourism receipts are (1) available seat kilometer, (2) government spending on transportation and telecommunication, (3) percentage of change of sanitation facilities and (4) government spending on social security and welfare. The mean technical efficiency level of tourism sector among Malaysia, Thailand, and Singapore is 1.09. The country that has the highest level of technical efficiency in tourism sector is Malaysia, 1.17. Singapore has the level of technical efficiency of 1.07. Thailand has the level of technical efficiency of 1.03.

Keywords: International tourism receipt; technical efficiency; tourism sector; tourism facilities; stochastic frontier (search for similar items in EconPapers)
Date: 2013
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