Relationship between Tourism Expansion and Telecommunication in Thailand
Abstract
Telecommunications remains a major infrastructure problem in Thailand where international tourist numbers are gradually increasing. This paper examines the causal relationship between the number of international tourist arrivals and telecommunication investment in Thailand. Using annual data from 1983-2013, the results confirm that the number of international tourist arrivals and telecommunication investment are cointegrated and stable. The causality analysis reveals that there is bi-directional causality between the two variables in the long-run. This study suggests policymakers should upgrade the telecommunication service provided in the country and recognizing the investment in the telecommunications industry, they should focus on international tourism promotion by directly communicating efficiently to enhance and maintain the target group for international tourist arrivals. Additionally, Thailand's government should find a policy to induce investors for investment in telecommunications which supports tourism supply development. This will lead to augmenting the tourism market in Thailand.References
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*** Tourism Department of Thailand (2014).International tourist arrivals to Thailand. Retrieved from http://tourism.go.th/index.php?mod=WebTourism&file=details&dID=7&cID=276&dcID=62
*** World Travel and Tourism Council. (2014). Economic Impact Research. Retrieved from http://www.wttc.org/ research/economic-data-search-tool
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[5] Harasan, A., Chacharat, S. (2014). Evolutional-genetic approach to formation of sustainable international tourism and economic growth in Thailand. Cointegration and the Granger causality, Journal of Environmental Management and Tourism, (Volume V, Winter), 2(10): 237-248. DOI: 10.14505/jemt.v5.2(10).06. Available from: http://www.asers. eu/journals/jemt/jemt-issues
[6] Hye, Q.M.A., Khan, R.E.A. Tourism-led growth hypothesis: A case study of Pakistan. Asia Pacific
Journal of Tourism Research, 18(4): 303-313. http://dx.doi.org/10.1080/10941665.2012.658412
[7] Lütkepohl, H. (2005). New introduction to multiple time series analysis. Berlin: Springer-Verlag. http://dx.doi.org/10.1007/978-3-540-27752-1
[8] Nonthapot, S. (2014). The relationship between tourism and economic development in the Greater Mekong Sub-region: Panel cointegration and granger causality. Journal of Advance Research in Law and Economics, 1(9): 44-51.
[9] Pesaran, H.M., Shin, Y., Smith, R. (2001). Bound testing approaches to the analysis of level relationship. Journal of Applied Econometrics, 16: 289-326. http://dx.doi.org/10.1002/jae.616
[10] Phillips, P.C.B., Hansen, B.E. (1990). Statistical inference in instrumental variable regression with I(1) process. Review of Economic Studies, 57: 99-125.
[11] Sadi, M.A., Henderson, J.C. (2001). Tourism and foreign investment in Vietnam.International Journal of Hospitality & Tourism Administration, 2(1): 67-90. http://dx.doi.org/10.1300/j149v02n01_04
[12] Samimi, A.J., Sadegh, S., Sadeghi, S. (2013). The relationship between foreign direct investment and tourism development: evidence from developing countries. Institutions and Economies, 5(2): 59-68.
[13] Selvanathan, S., Selvanathan, E.A., Viswanathan, B. (2012). Causality between foreign direct investment and tourism: empirical evidence from India. Tourism Analysis, 17(1): 91-98.
[14] Srinuan, C., Bohlin, E. (2013). Analysis of fixed broadband access and use in Thailand: Drivers and barriers. Telecommunications Policy, 37(8):615-625. http://dx.doi.org/10.1016/j.telpol.2013.03.006
[15] Wattanakuljarus, A., Coxhead, I. (2008). Is tourism-based development good for the poor? A general equilibrium analysis for Thailand. Journal of Policy Modeling, 30(6): 929–955.
*** Asian Development Bank. (2005). The Greater Mekong Sub region tourism sector strategy. Asian Development Bank, Manila, Philippines.
*** Bangkok Post. (2013). AIS launches the 3G era. Retrieved from http://www.bangkokpost.com/news/ local/348897/thailand-3g-era-officially-starts
*** Tourism Department of Thailand (2014).International tourist arrivals to Thailand. Retrieved from http://tourism.go.th/index.php?mod=WebTourism&file=details&dID=7&cID=276&dcID=62
*** World Travel and Tourism Council. (2014). Economic Impact Research. Retrieved from http://www.wttc.org/ research/economic-data-search-tool
Published
2016-11-10
How to Cite
NONTHAPOT, Sakkarin; WATCHALAANUN, Tanawat.
Relationship between Tourism Expansion and Telecommunication in Thailand.
Journal of Environmental Management and Tourism, [S.l.], v. 6, n. 1, p. 34-43, nov. 2016.
ISSN 2068-7729.
Available at: <https://journals.aserspublishing.eu/jemt/article/view/370>. Date accessed: 15 nov. 2024.
Section
Journal of Environmental Management and Tourism
Keywords
tourism; tourism development; telecommunication; Rolling Window Bound testing
Copyright© 2024 The Author(s). Published by ASERS Publishing 2024. This is an open access article distributed under the terms of CC-BY 4.0 license.