Impact of COVID-19 on ASEAN tourism industry

Document Type

Article

Publication Date

5-1-2022

Abstract

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 bidirectional 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.

Keywords

COVID-19, tourism, ASEAN, panel vector autoregression

Publication Title

Journal Of Asian Public Policy

Divisions

Faculty_of_Business_and_Accountancy

Funders

Universiti Malaya COVID-19 Related Special Research Grant (UMCSRG) 2020-2021 (Grant No. CSRG010-2020SS)

Volume

15

Issue

2, SI

Publisher

Routledge Journals, Taylor & Francis Ltd

Publisher Location

2-4 PARK SQUARE, MILTON PARK, ABINGDON OX14 4RN, OXON, ENGLAND

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