Impact of COVID-19 on ASEAN tourism industry. Issue 2 (4th May 2022)

• Record Type: Journal Article
• Authors: Beh, Loo-See; Lin, Woon Leong
• Is Part Of: Journal of Asian public policy. Volume 15:Issue 2(2022)
• Page Start: 300
• Page End: 320
• Publication Date: 2022-05-04
• Subjects: COVID-19 -- tourism -- ASEAN -- panel vector autoregression; Asia -- Economic policy -- Periodicals; Asia -- Government policy -- Periodicals; 320.6095
• DOI: 10.1080/17516234.2020.1871180
• Languages: English
• ISSNs: 1751-6234

Abstract

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 bi-directional 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.