JEJAK
Vol 14, No 2 (2021): September 2021

An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3

Purna, Fitra Prasapawidya (Unknown)
Munandar, Aris (Unknown)
Bija, Rein Pong (Unknown)



Article Info

Publish Date
30 Sep 2021

Abstract

This research aims to analyze the effect of exchange rates on foreign tourist flows in ASEAN-3. A fixed-effect model is used to estimate data from three ASEAN countries, namely: Indonesia, Malaysia, and Thailand from 1995 to 2016. The result shows that the exchange rate has a significant positive effect on foreign tourist flow. In other words, the depreciation of domestic currency increasing foreign tourist flow. Other control variables such as income per capita, HIV prevalence, trade, and consumer price index significantly affect a different sign.

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Journal Info

Abbrev

jejak

Publisher

Subject

Economics, Econometrics & Finance

Description

JEJAK: Jurnal Ekonomi dan Kebijakan p-ISSN 1979-715X | e-ISSN 2460-5123 is a scientific journal that contains the results of research and theoretical studies in the field of economic development, especially on matters of economic policy in Indonesia was published by the Department of Economic ...