The nonlinear effects of oil prices on tourism arrivals in Malaysia
Usama Al-Mulali,
Hassan Gholipour Fereidouni and
Ekhlas Al-hajj
Current Issues in Tourism, 2020, vol. 23, issue 8, 942-946
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.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rcitxx:v:23:y:2020:i:8:p:942-946
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DOI: 10.1080/13683500.2019.1586844
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