Old Wine in New Bottles: Are Malaysia's Tourism Markets Converging?

References

• Alleyne , D. and Boxill , I. 2003 . The impact of crime on tourist arrivals in Jamaica . International Journal of Tourism Research , 5 ( 5 ) : 381 – 391 .
   Google Scholar
• Barro , R. J. 1991 . Economic growth in a cross section of countries . Quarterly Journal of Economics , 106 ( 2 ) : 407 – 443 .
   Web of Science ®Google Scholar
• Barro , R. J. and Sala-i-Martin , X. 1991 . Convergence across states and regions . Brookings Papers on Economic Activity , 22 ( 1 ) : 107 – 158 .
   Google Scholar
• Barro , R. J. and Sala-i-Martin , X. 1992 . Convergence . Journal of Political Economy , 100 ( 2 ) : 223 – 251 .
   Web of Science ®Google Scholar
• Bernard , A. B. and Durlauf , S. N. 1995 . Convergence in international output . Journal of Applied Econometrics , 10 ( 2 ) : 97 – 108 .
   Web of Science ®Google Scholar
• Bernard , A. B. and Durlauf , S. N. 1996 . Interpreting tests of the convergence hypothesis . Journal of Econometrics , 71 ( 1–2 ) : 161 – 173 .
   Web of Science ®Google Scholar
• Cartier , C. 1998 . Megadevelopment in Malaysia: From heritage landscapes to “leisurescapes” in Melaka's tourism sector . Singapore Journal of Tropical Geography , 19 ( 2 ) : 151 – 176 .
   Web of Science ®Google Scholar
• Enders , W. 2004 . Applied econometric time series , 2 , New Jersey, , USA : John Wiley and Sons .
   Google Scholar
• Frederick , M. 1993 . Rural tourism and economic development . Economic Development Quarterly , 7 ( 2 ) : 215 – 224 .
   Google Scholar
• Greasley , D. and Oxley , L. 1997 . Time-series based tests of the convergence hypothesis: Some positive results . Economics Letters , 56 ( 2 ) : 143 – 147 .
   Web of Science ®Google Scholar
• Kapetanios , G. 2005 . Unit-root testing against the alternative hypothesis of up to m structural breaks . Journal of Time Series Analysis , 26 ( 1 ) : 123 – 133 .
   Web of Science ®Google Scholar
• Lean , H. H. and Smyth , R. 2009 . Asian financial crisis, avian flu and terrorist threats: Are shocks to Malaysian tourist arrivals permanent or transitory? . Asia Pacific Journal of Tourism Research , 14 ( 3 ) : 301 – 321 .
   Web of Science ®Google Scholar
• Lean , H. H. and Smyth , R. 2008 . Are Malaysia's tourism markets converging? Evidence from univariate and panel unit root tests with structural breaks . Tourism Economics , 14 ( 1 ) : 97 – 112 .
   Web of Science ®Google Scholar
• Lee , J. and Strazicich , M. C. 2003 . Minimum Lagrange multiplier unit root test with two structural breaks . Review of Economics and Statistics , 85 ( 4 ) : 1,082 – 1,089 .
   Google Scholar
• Liu , A. 2006 . Tourism in rural areas: Kedah, Malaysia . Tourism Management , 27 ( 5 ) : 878 – 889 .
   Web of Science ®Google Scholar
• Lumsdaine , R. and Papell , D. 1997 . Multiple trend breaks and the unit root hypothesis . Review of Economics and Statistics , 79 ( 2 ) : 212 – 218 .
   Web of Science ®Google Scholar
• Nahar , S. and Inder , B. 2002 . Testing convergence in economic growth for OECD countries . Applied Economics , 34 ( 16 ) : 2,011 – 2,022 .
   Google Scholar
• Narayan , P. K. 2006 . Are Australia's tourism markets converging? . Applied Economics , 38 ( 10 ) : 1,153 – 1,162 .
   Google Scholar
• Narayan , P. K. 2007 . Testing convergence of Fiji's tourism markets . Pacific Economic Review , 12 ( 5 ) : 651 – 663 .
   Web of Science ®Google Scholar
• Ng , S. and Perron , P. 2001 . Lag length selection and construction of unit root tests with good size and power . Econometrica , 69 ( 6 ) : 1,519 – 1,554 .
   Web of Science ®Google Scholar
• Perron , P. 1989 . The great crash, the oil price shock and the unit root hypothesis . Econometrica , 57 ( 6 ) : 1,361 – 1,401 .
   Google Scholar
• Salleh , N. H. M. , Law , S. H. , Shuib , A. and Noor , Z. M. 2008 . Asian tourism demand for Malaysia: A bound test approach . Contemporary Management Research , 4 ( 4 ) : 351 – 368 .
   Google Scholar
• Salleh , N. H. M. , Othman , R. and Ramachandran , S. 2007 . Malaysia's tourism demand from selected countries: The ARDL approach to cointegration . International Journal of Economics and Management , 1 ( 3 ) : 345 – 363 .
   Google Scholar
• Schwert , W. G. 1989 . Tests for unit roots: A Monte Carlo investigation . Journal of Business and Economic Statistics , 7 ( 2 ) : 147 – 159 .
   Web of Science ®Google Scholar
• Sen , A. 2003a . On unit-root tests when the alternative is a trend-break stationary process . Journal of Business and Economics Statistics , 21 ( 1 ) : 174 – 184 .
   Web of Science ®Google Scholar
• Sen , A. 2003b . “ Some aspects of the unit root testing methodology with application to real per capita GDP ” . Manuscript, Department of Economic and Human Resources, Xavier University, Cincinnati, OH
   Google Scholar
• Shaluf , I. M. and Ahmadun , F. R. 2006 . Disaster types in Malaysia: An overview . Disaster Prevention and Management , 15 ( 2 ) : 286 – 298 .
   Google Scholar
• Singh , A. 1997 . Asia Pacific tourism industry: Current trends and future outlook . Asia Pacific Journal of Tourism Research , 2 ( 1 ) : 89 – 99 .
   Google Scholar
• Smith , R. A. 1992 . Conflicting trends of beach resort development – A Malaysian case . Coastal Management , 20 ( 2 ) : 167 – 187 .
   Web of Science ®Google Scholar
• Syed Mustapa , S. A. H. 2005 . Showcasing maritime heritage artefacts for the benefit of the tourist industry in Malaysia . International Journal of Nautical Archaeology , 34 ( 2 ) : 211 – 215 .
   Google Scholar
• Tourism Malaysia (2007). Malaysia tourism news. Retrieved December 20, 2010, from http://www.asiavalley.com/TMNewsletterIssueI.pdf
   Google Scholar
• Tourism Malaysia . 2008 . Malaysia is best international destination 2008 Retrieved January 28, 2010, from http://www.tourism.gov.my/corporate/mediacentre.asp?page=news_desk&subpage=archive&news_id=295
   Google Scholar
• Wells , R. J. G. 1982 . Tourism planning in a developing country: The case of Malaysia . Tourism Management , 3 ( 2 ) : 98 – 107 .
   Google Scholar
• Wong , P. P. 1990 . Coastal resources management: Tourism in Peninsular Malaysia . ASEAN Economic Bulletin , 7 ( 2 ) : 213 – 221 .
   Google Scholar
• Zain, Y. (2005, December 24). Malaysia second most visited, New Strait Times, 22.
   Google Scholar
• Zivot , E. and Andrews , D. 1992 . Further evidence of the great crash, the oil-price shock and the unit-root hypothesis . Journal of Business and Economic Statistics , 10 ( 3 ) : 251 – 270 .
   Web of Science ®Google Scholar