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ABSTRACT
This study examines the positive and negative effects of oil price shocks on tourism arrivals in Malaysia over the period 2000–2016. Using a nonlinear autoregressive distributed lag (ARDL) model, our results show that increases in oil prices have a stronger impact on tourism arrivals than decreases in oil prices, both in the short run and the long run.
Disclosure statement
No potential conflict of interest was reported by the authors.