Impact of COVID-19 on ASEAN tourism industry/
BEH Loo-See
Impact of COVID-19 on ASEAN tourism industry/ Loo-See Beh & Woon Leong Lin - 2022
This article aims to examine the extent of the COVID-19 on the tourism industry in ASEAN countries. This study utilized a Panel Vector Autoregression approach to examine the possible bi-directional causality that exists between COVID-19 and tourist arrivals. Data from seven ASEAN nations were used wherein accumulated numbers of cases are hypothesized due to variations in the levels of inbound tourism and other socio-economic differences. The findings indicated two-way causality between COVID-19 and tourist arrivals at the 95% significance level. The results revealed that international tourism can seriously be affected by the COVID-19 outbreak.
COVID-19
TOURISM
ASEAN
PANEL VECTOR AUTOREGRESSION
Impact of COVID-19 on ASEAN tourism industry/ Loo-See Beh & Woon Leong Lin - 2022
This article aims to examine the extent of the COVID-19 on the tourism industry in ASEAN countries. This study utilized a Panel Vector Autoregression approach to examine the possible bi-directional causality that exists between COVID-19 and tourist arrivals. Data from seven ASEAN nations were used wherein accumulated numbers of cases are hypothesized due to variations in the levels of inbound tourism and other socio-economic differences. The findings indicated two-way causality between COVID-19 and tourist arrivals at the 95% significance level. The results revealed that international tourism can seriously be affected by the COVID-19 outbreak.
COVID-19
TOURISM
ASEAN
PANEL VECTOR AUTOREGRESSION