Publication: The Determinants of inbound tourism in Thailand : a gravity model analysis
9
Issued Date
2011
Resource Type
Language
eng
Rights
Mahidol University
Bibliographic Citation
International Journal of Asian Tourism Management. Vol.2, No.2 (2011),183-193
Suggested Citation
Rattakarn Komonrat, Thanyawee Pratoomsuwan, Pandej Chintrakarn The Determinants of inbound tourism in Thailand : a gravity model analysis. International Journal of Asian Tourism Management. Vol.2, No.2 (2011),183-193. Retrieved from: https://repository.li.mahidol.ac.th/handle/123456789/10948
Research Projects
Organizational Units
Authors
Journal Issue
Thesis
Title
The Determinants of inbound tourism in Thailand : a gravity model analysis
Abstract
Tourism is widely recognized for its important role in generating income and employment for regional and national economic development. The purpose of this study is to determine the effect of political incidents on inbound tourism in Thailand. The analysis is based on the gravity model and a quarterly dataset of
inbound tourism from 46 countries over the decade 1999-2009. The empirical results reveal that political crises including violent riots, a closure of Suvanabhumi Airport and the invasion on the East Asia Summit negatively
affected the inbound tourism in Thailand. This paper also examines the influence of variables such as Gross Domestic Product (GDP) which represent the living standard of countries and also foreign exchange rates which represent
the purchasing power of their income. This study finds that the length and degree of political crisis significantly affected the number of inbound tourists.