期刊
INTERNATIONAL JOURNAL OF TOURISM RESEARCH
卷 19, 期 5, 页码 584-593出版社
WILEY
DOI: 10.1002/jtr.2131
关键词
cointegration; forecasts; Malaysia; medical tourism demand
资金
- Geran Penyelidikan Khas (Top Down), Universiti Malaysia Sarawak [03(TD04)/1054/2013(02)]
This paper empirically examines the macroeconomic determinants for medical tourism demand using time series econometrics methodology. We find that income, price, exchange rate, SARS outbreak, safety, medical quality, manpower, and medical facilities are significantly affecting the long-run demand behaviour of medical tourism in Malaysia. In order to attract medical tourists, policymakers in Malaysia should (a) reduce the medical prices, (b) reduce the crime rate and improve safety, and (c) continue the improvement of research, medical quality, manpower, and facilities to support the revolution of inbound medical tourism demand in Malaysia. This is to ensure the Malaysia's sustainable economic development.
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