The Influence Of Tourism Sector Towards GDP Of OIC Countries
Keywords:
Population, Purchasing Power Parity, Tourist Arrival, GDP, OIC CountriesAbstract
This paper aims to determine the influence of tourism sector towards GDP of Organization of Islamic Countries (OIC) in several best member of OIC countries especially in term of tourism which are selected from 3 indicators of tourism sector namely population, purchasing power parity and the arrival of foreign tourist in every country during 2010 until 2017 by using annual data. The methodology is quantitative approach and used the panel data techniques contains time series data and cross section and the fixed effect model (FEM). The findings indicate that the population has a significant effect on GDP but has a negative effect while the purchasing power parity variables has not a significant effect but has a positive effect on GDP and the number of foreign tourist arrival has no significant and no positive effect toward GDP in OIC countries. These variables should be taken for the next research and development of halal tourism in OIC country
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