@article{(Open Science Index):https://publications.waset.org/pdf/9170,
	  title     = {Estimating European Tourism Demand for Malaysia},
	  author    = {Zainudin Arsad and  Norul Baine Mat Johor},
	  country	= {},
	  institution	= {},
	  abstract     = {Tourism industry is an important sector in Malaysia economy and this motivates the examination of long-run relationships between tourist arrivals from three selected European countries in Malaysia and four possible determinants; relative prices, exchange rates, transportation cost and relative prices of substitute destination. The study utilizes data from January 1999 to September 2008 and employs standard econometric techniques that include unit root test and cointegration test. The estimated demand model indicates that depreciation of local currency and increases in prices at substitute destination have positive impact on tourist arrivals while increase in transportation cost has negative impact on tourist arrivals. In addition, the model suggests that higher rate of increase in local prices relative to prices at tourist country of origin may not deter tourists from coming to Malaysia
},
	    journal   = {International Journal of Mathematical and Computational Sciences},
	  volume    = {4},
	  number    = {6},
	  year      = {2010},
	  pages     = {731 - 736},
	  ee        = {https://publications.waset.org/pdf/9170},
	  url   	= {https://publications.waset.org/vol/42},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 42, 2010},
	}