https://journal.uitm.edu.my/ojs/index.php/AJoBSS/issue/feed Academic Journal of Business and Social Sciences 2024-12-17T08:42:07+08:00 Shafinar Ismail ajobss.uitm.edu.my@gmail.com Open Journal Systems <p>The <strong>Academic Journal of Business and Social Sciences (AJoBSS) </strong>(e-ISSN<strong>:&nbsp;</strong>2590-440X) is an open-access international refereed journal. AJoBSS will be accepting research paper in the fields of <strong>business, management &amp; accounting. </strong><strong>PUBLICATION IS FREE OF&nbsp;CHARGE</strong>. AJoBSS is indexed in <strong><a href="http://mycc.my/document/files/MyCite%202019%20RASMI.pdf?fbclid=IwAR2X4Ki4OA27ZJbJR7xY7QCiByKWnUnyS46L7qHyhu3Yv74THRkxWzG07ng">MyCite</a></strong>, <a href="http://www.myjurnal.my/public/browse-journal-view.php?id=606"><strong>MyJurnal</strong></a><strong>,</strong> <strong>Google Scholar.</strong></p> <p><a href="http://myjms.mohe.gov.my/index.php/AJoBSS/about/submissions"><strong>CLICK HERE TO SUBMIT MANUSCRIPT</strong></a></p> https://journal.uitm.edu.my/ojs/index.php/AJoBSS/article/view/4353 Do Oil Price Volatility and Exchange Rates Affect International Tourist Arrivals Asymmetrically? A Case Study of Sabah 2024-12-17T08:42:07+08:00 Lily Jaratin jaratin@ums.edu.my <p>This study examines the asymmetric effect of exchange rates and oil price volatility on international tourist arrivals in Sabah, Malaysia, using a nonlinear Autoregressive Distributed Lag (NARDL) model. The study findings showed there is long-run cointegration amongst the studied variables. In addition, the results also showed a significant and inverse long-run relationship between exchange rates, oil price volatility, and international tourist arrivals for both positive and negative series of exchange rates and oil price volatility. However, only the volatility of oil prices has an asymmetric influence on international tourist arrivals, where a decrease in oil price volatility has a more significant effect than an increase, indicating that positive information, such as a decline in oil price volatility, has a greater influence on tourist arrivals in Sabah. Thus, these findings highlight the importance of incorporating economic considerations with asymmetric effects into models of tourist arrivals. Practically, the findings provide significant insights for tourism stakeholders, allowing for more informed decision-making and strategic planning. Acknowledging potential limitations, such as the study's narrow focus on Sabah and excluding other potential factors is essential. Future research can expand the analysis to include additional variables and investigate additional destinations to provide a complete understanding.</p> 2024-12-17T00:00:00+08:00 Copyright (c) 2024 Academic Journal of Business and Social Sciences