scholarly journals Forecasting the Impact of Gross Domestic Product (GDP) on International Tourist Arrivals to Langkawi, Malaysia: A PostCOVID-19 Future

2021 ◽  
Vol 13 (23) ◽  
pp. 13372
Author(s):  
Hasrina Mustafa ◽  
Fahri Ahmed ◽  
Waffa Wahida Zainol ◽  
Azlizan Mat Enh

This research first aims to forecast tourist arrivals to Langkawi, Malaysia from its top three source markets, namely, China, Saudi Arabia, and the United Kingdom, between 2020 and 2022. Using the annual gross domestic product (GDP) growth of those three countries, the study seeks to investigate the impact of GDP on tourist arrivals from these countries to Langkawi in the context of post-COVID-19 scenarios. The study uses expert modelers, namely, ARIMA models and Holt’s linear models, to find the best fit model. Then, linear regression analysis was conducted to assess the impact of GDP on tourist arrivals in Langkawi from the said three countries. The results from the Holt linear model predicted a significant increase in the number of tourist arrivals from China and Saudi Arabia from 2020–2022. In contrast, the number of forecasted tourist arrivals from the United Kingdom would be on a decreasing trend from 2020–2022. It is also predicted that GDP growth will influence the tourist arrival trends from China and Saudi Arabia, but not for UK tourists. In other words, a speedy rate of recovery in the number of tourists from the UK to Langkawi is forecasted for once international travel restrictions are lifted, as the world eases into the post-pandemic period.

2021 ◽  
Vol 13 (14) ◽  
pp. 7781
Author(s):  
Mabliny Thuany ◽  
Sara Pereira ◽  
Lee Hill ◽  
Jean Carlos Santos ◽  
Thomas Rosemann ◽  
...  

Background: The environment can play a relevant role in performance in runners. This study aimed to verify the distribution of the best European road runners across the continent, and to investigate variables related to country representatives in the European Senior outdoor top list 2019. Methods: The sample comprised 563 European runners, aged 18–48 years, ranked in the European Senior outdoor top list 2019 for distances of 10–42 km. Country-related variables were gross domestic product (GDP), competition place, population size, and sports investment. The countries were categorized as “top ten countries” or “other countries”. Binary logistic regression was used for analysis. Results: The United Kingdom showed the highest prevalence of runners in the ranking (men—17.6%; women—23.0%), followed by Spain (male ranking—12.1%) and Germany (female ranking—8.6%). For men, sports investment (OR = 1.13; CI95% = 1.03–1.28) and country GDP (OR = 0.96; CI95% = 0.93–0.98) showed an association with the chances of the athlete to reach the Top 10 ranking, while among women, the only variable significantly related was the competition venue (OR = 3.97; CI95% = 1.40–11.23). Conclusion: As in other sports considered “non-expensive”, the economic and demographic characteristics of the place where athletes train can provide advantages in performance.


2021 ◽  
Vol 20 (1) ◽  
Author(s):  
Harry E. R. Shepherd ◽  
Florence S. Atherden ◽  
Ho Man Theophilus Chan ◽  
Alexandra Loveridge ◽  
Andrew J. Tatem

Abstract Background Since early March 2020, the COVID-19 epidemic across the United Kingdom has led to a range of social distancing policies, which resulted in changes to mobility across different regions. An understanding of how these policies impacted travel patterns over time and at different spatial scales is important for designing effective strategies, future pandemic planning and in providing broader insights on the population geography of the country. Crowd level data on mobile phone usage can be used as a proxy for population mobility patterns and provide a way of quantifying in near-real time the impact of social distancing measures on changes in mobility. Methods Here we explore patterns of change in densities, domestic and international flows and co-location of Facebook users in the UK from March 2020 to March 2021. Results We find substantial heterogeneities across time and region, with large changes observed compared to pre-pademic patterns. The impacts of periods of lockdown on distances travelled and flow volumes are evident, with each showing variations, but some significant reductions in co-location rates. Clear differences in multiple metrics of mobility are seen in central London compared to the rest of the UK, with each of Scotland, Wales and Northern Ireland showing significant deviations from England at times. Moreover, the impacts of rapid changes in rules on international travel to and from the UK are seen in substantial fluctuations in traveller volumes by destination. Conclusions While questions remain about the representativeness of the Facebook data, previous studies have shown strong correspondence with census-based data and alternative mobility measures, suggesting that findings here are valuable for guiding strategies.


Author(s):  
Papi Halder

This study is about the impact of selected macroeconomic variables on economic growth of Bangladesh. Economic growth of Bangladesh is measured in terms of annual nominal GDP growth rate. Least squared regression model has been employed considering exchange rate, export, import and inflation rate as independent variables and gross domestic product as the dependent variable in this study. The results reveal that export and import have significant positive impact on GDP growth rate. The other variables (exchange rate and inflation) are not significant, indicating that there exists no significant relationship among the variables. The findings will help the policy makers to make policies concerning the country’s economic growth to remain robust in the near future.


2021 ◽  
Vol 5 (4) ◽  
pp. 45-70
Author(s):  
Binh Hai Le ◽  
Lam Thanh Ha

The COVID-19 pandemic has already produced considerable changes in all aspects of an economy. Being an economy with a high degree of trade openness, Vietnam has maintained extensive trade relations with many partners. In the context of a global pandemic, Vietnams economy has been severely affected. Therefore, this article focuses on analyzing the impact of the COVID-19 outbreak on the aspects such as gross domestic product (GDP) growth, foreign trade, tourism, unemployment rate, and enterprises operation, and raising some prospects of Vietnams economy.


Author(s):  
Walter A. Friedman

By 1850, America’s gross domestic product was two-thirds that of the United Kingdom and one-fifth that of China. “Early manufacturers, 1820–1850” looks at the development and significance of textiles, firearms, and clocks to the new economy. The establishment of mills and factories allowed the workforce to be united in one place and for working hours to be standardized, though initial long hours led to unrest. Colt firearms and parlor clocks became part of the American identity, while some of the first marketing and sales strategies confirmed them as desirable status symbols. International exhibitions showcased the best of American manufacturing, setting a precedent for future multinationals seeking success abroad.


2021 ◽  
Author(s):  
Alex de Figueiredo ◽  
Heidi J Larson ◽  
Stephen D Reicher

Background: Four vaccines against the novel coronavirus 2019 disease (COVID-19) caused by the severe acute respiratory coronavirus 2 (SARS-CoV-2) have currently been approved for use in the United Kingdom. As of 30 April 2021, over 34 million adults have received at least one dose of a COVID-19 vaccine. The UK Government is considering the introduction of vaccine passports for domestic use and to facilitate international travel for UK residents. Although vaccine incentivisation has been cited as a motivating factor for vaccine passports, it is currently unclear whether vaccine passports are likely to increase inclination to accept a COVID-19 vaccine. Methods: We conducted a large-scale national survey in the UK of 17,611 adults between 9 and 27 April 2021. Bayesian multilevel regression and poststratification is used to provide unbiased national-level estimates of the impact of the introduction of vaccine passports on inclination to accept COVID-19 vaccines among all respondents who have not yet had two vaccination doses. Multilevel regressions identify the differential impact of the likely impact of vaccine passports on uptake intent between socio-demographic groups. Gibbs sampling was used for Bayesian model inference, with 95% highest posterior density intervals used to capture uncertainty in all parameter estimates. Findings: We find that the introduction of vaccine passports will likely lower inclination to accept a COVID-19 vaccine once baseline vaccination intent has been adjusted for. Notably, this decrease is larger if passports were required for domestic use rather than for facilitating international travel. The impact of passports while controlling for baseline vaccination intent differentially impacts individuals by socio-demographic status, with being male (OR 0.87, 0.76 to 0.99) and having degree qualifications (OR 0.84, 0.72 to 0.94) associated with a decreased inclination to vaccinate if passports were required for domestic use, while Christians (OR 1.23, 1.08 to 1.41) have an increased inclination over atheists or agnostics. There is a strong association between change in vaccination inclination if passports were introduced and baseline vaccination intent: stated change in vaccination inclination is thus lower among Black or Black British respondents (compared to Whites), younger age groups, and non-English speakers. We find notable sub-national trends, for example, that passports could increase inclination among students and Jewish respondents in London compared to those in full-time education or atheists or agnostics, respectively. Interpretation: To our knowledge, this is the first quantitative assessment of the potential impact of the introduction of vaccine passports on COVID-19 vaccine intention. Our findings should be interpreted in light of sub-national trends in current uptake rates across the UK, as our results suggest that vaccine passports may induce a lower vaccination inclination in socio-demographic groups that cluster geographically in large urban areas. Caution should therefore be exercised in introducing passports as they may result in less positive health-seeking behaviours for the COVID-19 vaccine (as well as other existing or future vaccinations) and may contribute to concentrated areas of low vaccinate uptake, which is an epidemic risk. We call for further evidence on the impact of vaccine certification on confidence in COVID-19 vaccines and in routine immunisations in wider global settings and, in particular, in countries with low overall trust in vaccinations or in authorities that administer or recommend vaccines.


2021 ◽  
Author(s):  
Victor Agboli

This study investigates the impact of unemployment on the Gross Domestic Product (GDP) of Nigeria for a period of 28 years (1990-2018). The study focuses on the relationship between unemployment and economic growth in Nigeria (GDP). The method used in this study is the Bayesian Linear Regression Analysis, the major findings were that unemployment has a positive impact on the economic growth of Nigeria. Some suggestions and policy recommendations were made based on the findings.


2019 ◽  
Vol 2 (1) ◽  
pp. 18-25
Author(s):  
Pooja Pohwani ◽  
Javad Raza Khoso ◽  
Waqar Ahmed

This study focuses to find out the impact of foreign aid on economic growth of Pakistan. Since Pakistan is among the countries who receive high amount of foreign aid therefore this research aims to find out its impact on economic growth of Pakistan. Gross Domestic Product has been used as a proxy of economic growth of Pakistan. Other variables include foreign aid, which is independent variables and dependent variables includes government expenditure, domestic savings, and Gross Domestic Product. To find out this impact, data on all the above mentioned variables is collected for the period of 25 years that is from year 1991 to 2015. Results from Linear Regression Analysis shows that foreign aid has no significant impact on government expenditure, domestic savings and Gross Domestic Product.


1979 ◽  
Vol 88 ◽  
pp. 40-49
Author(s):  
Denise R. Osborn

This article aims to compare the National Institute's forecasting performance with that of United States forecasters. Because of the magnitude of this task, we restrict our attention to forecasts of the principal output measure in each country—real gross domestic product in the United Kingdom and real gross national product in the United States. Results for US forecasters are taken from the detailed study by McNees (1975), where there is also information on the methods employed by these forecasters.


Sign in / Sign up

Export Citation Format

Share Document