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Sustainable Tourism and Poverty Reduction in Selected ASEAN Member Countries

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Poverty Reduction for Inclusive Sustainable Growth in Developing Asia

Part of the book series: Economics, Law, and Institutions in Asia Pacific ((ELIAP))

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Abstract

Examining the impact of revenues from the tourism sector on poverty reduction in selected members of the Association of Southeast Asian Nations (ASEAN), including Thailand, Malaysia, and Singapore, is the primary objective of this study. The Bayesian Structural Time Series (BSTS) model and the regression kink design (RKD or RK design) were employed to identify the causal effects between tourism revenues and the poverty headcount ratio during 2009–2019. The main conclusion from the analysis is that the relationship between tourism revenue and poverty reduction (in the form of the poverty headcount ratio) in Malaysia and Singapore have similar patterns. In contrast, the pattern of the impact of tourism revenues on the poverty headcount ratio in Thailand is different from the other two countries. For Singapore and Malaysia, increasing tourism revenue can reduce the poverty headcount ratio in the early stages. Nevertheless, after a while, increasing tourism revenue in later stages will not reduce the poverty headcount ratio. On the other hand, Thailand’s tourism revenue can reduce the poverty headcount ratio with time lags. However, in the early stages, Thailand’s tourism revenue could not reduce the poverty headcount ratio.

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Authors and Affiliations

  1. Faculty of Economics, Chiang Mai University, Chiang Mai, Thailand

    Chanamart Intapan, Chukiat Chaiboonsri & Pairach Piboonrungroj

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  1. Chanamart Intapan
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  2. Chukiat Chaiboonsri
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  3. Pairach Piboonrungroj
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Editors and Affiliations

  1. Social Science Research Institute, Tokai University, Hiratsuka, Kanagawa, Japan

    Farhad Taghizadeh-Hesary

  2. Faculty of Economics, Chiang Mai University, Chiang Mai, Thailand

    Nisit Panthamit

  3. Keio University, Minato City, Tokyo, Japan

    Naoyuki Yoshino

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Intapan, C., Chaiboonsri, C., Piboonrungroj, P. (2021). Sustainable Tourism and Poverty Reduction in Selected ASEAN Member Countries. In: Taghizadeh-Hesary, F., Panthamit, N., Yoshino, N. (eds) Poverty Reduction for Inclusive Sustainable Growth in Developing Asia. Economics, Law, and Institutions in Asia Pacific. Springer, Singapore. https://doi.org/10.1007/978-981-16-1107-0_4

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