Does consumer price index, exchange rates and gross domestic product will affect tourists receipts : Tourists from United States / Dg Siti Hafizah Zaidi

Tourism receipts is amount of money received by a country based on inbound
travel covering all tourist receipts derived from the expenses incurred by each traveler
who come to the destination country. According to the statistics portal, total
contribution in tourism sector recorded for 2017 is 8.27 Million US Dollar relatively
higher compare with 7.61 Million US Dollar in 2016. However, Malaysia recorded
decline in number of foreign tourist by 3% due to the decrease of 3.9% of tourist from
ASEAN market in 2017. This paper discuss more on Consumer Price
Index(CPI),Exchange Rate(ER), Gross Domestic Product (GDP) towards Tourists
Receipts in Malaysia. To examine the relationship between independent variables and
dependent variable, several method has been used in this study. There are seven
method used to investigate the correlation between variables. These method consists
of Descriptive Statistic, Unit Root Test, Correlation Coefficient, Ordinary Least
Square (OLS), Diagnostic Check, Johansen Cointegration Test and Granger Causality
Test. To observe the impact towards Tourists Receipts, the researcher are eager to
scrutinize the significance of the result which are explain in OLS method. In addition,
Johansen Cointegration test used in this paper to find out long run relationship
between variables, while Granger Causality Test was employ in order to investigate
the existence of short run between variables. Some finding from researchers has a
different result depending on their nations economics and not following the theory.
However, all result captured in this study are following the theory even though CPI is
not significant in OLS test.