Malaysian Experience in Tourism and its impact on economic growth

Medekhel, Khaled; Lahcene, Makhloufi

مجلة البحوث الاقتصادية المتقدمة
Volume 1, Numéro 1, Pages 139-154
2016-12-30

Malaysian Experience In Tourism And Its Impact On Economic Growth

Authors : Medekhel Khaled . Lahcene Makhloufi .

Abstract

The main purpose of this study was to investigate the relationship between Tourism and Malaysian economic growth. Tourism plays a vital role in the development and growth of the Malaysian economy. The tourism sector is an important sector that many countries are focusing on the development of the tourism sector. There are many studies show there is a significant relationship between the tourism sector and economic growth. The objective of this study is to see how significant the tourism sector extension would give impact on the Malaysia GDP and other macroeconomics aspects. The study shows that the tourism sector contributes to Malaysia economic by generating output and the export of tourism sector. Besides that, the interrelationship between sectors shows that there are strong linkages between tourism sectors with other sectors. It creates the demand and supply of outputs that can stimulate the economy.