Research Article
A Study on Travel Motivation, Attitude, and Travel Intention of the Tourists Visiting Chandragiri Hills
Sushrut Dhungana*
,
Samik Sharma
Issue:
Volume 12, Issue 4, December 2024
Pages:
74-84
Received:
23 August 2024
Accepted:
19 September 2024
Published:
10 October 2024
Abstract: This research aims to explore the relationship between travel motivation, tourists’ attitudes, and travel intention, with a specific focus on Chandragiri Hills a new destination that has attracted many domestic and international tourists, since its inception in 2016. Yet the academic research of its tourism dynamics remains limited. Utilizing a descriptive survey questionnaire, data were collected from 450 tourists to analyze the construct of travel motivation, attitude towards the destination, and travel intention. The results of exploratory and confirmatory factor analyses revealed altogether 30 measurement items regarding travel motivation, attitude, and travel intention. The data were analyzed using the theory of planned behaviour. The findings of the study revealed that motivation significantly influences both tourist's attitude and their travel intention. Novelty-seeking, relaxation, and social interaction are the chief push factors contributing to positive attitudes towards the destination. The findings have meaningful implications for tourism marketing strategies, whereby such motivational factors come to the centre to develop the attractiveness of Chandragiri Hills and improve tourism management practices. The result contributes to a greater understanding of tourist behavior in emerging destinations and provides insight into how effective planning and management could work within the tourism sector.
Abstract: This research aims to explore the relationship between travel motivation, tourists’ attitudes, and travel intention, with a specific focus on Chandragiri Hills a new destination that has attracted many domestic and international tourists, since its inception in 2016. Yet the academic research of its tourism dynamics remains limited. Utilizing a des...
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Research Article
Determinants of Foreign Direct Investment (FDI) Inflows to Ethiopia: An ARDL Model Approach
Issue:
Volume 12, Issue 4, December 2024
Pages:
85-98
Received:
17 September 2024
Accepted:
6 October 2024
Published:
31 October 2024
DOI:
10.11648/j.sjbm.20241204.12
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Abstract: FDI plays a critical role in Ethiopia's economic growth and development. However, despite government reforms designed to promote stability and economic expansion, FDI inflows have exhibited a declining trend, marked by volatility and unpredictability. Thus, this study aims to examine the key determinants of FDI inflow into Ethiopia. To attain this objective, the study employed a time series analysis using the ARDL model to investigate the short-run and long-run relationships among the variables. Data spanning thirteen years, from 2012 to 2024, was provided by the NBE, WB, EIC, and MoFED datasets. The study's main findings indicate that macroeconomic stability, trade openness, inflation rate, real GDP per capita, infrastructure, GDP growth, and exchange rate are all significant factors that affect FDI inflows to Ethiopia. In the short run, the empirical findings of the study show that exchange rate, infrastructure, market size, and trade openness are significant positive determinants of FDI. On the other hand, the inflation rate negatively affects FDI; a 1% rise in inflation corresponds to a 1.03% decrease in FDI inflows, suggesting that higher inflation may deter FDI due to economic instability. The long-run equation, on the other hand, revealed that the real GDP per capita, inflation rate, exchange rate, infrastructure, and GDP growth all exhibit the expected signs and are statistically significant at the 5% level. However, at the 5% level, macroeconomic stability and the trade openness index are positive but statistically insignificant. Finally, based on the study's findings, appropriate policy measures have been recommended.
Abstract: FDI plays a critical role in Ethiopia's economic growth and development. However, despite government reforms designed to promote stability and economic expansion, FDI inflows have exhibited a declining trend, marked by volatility and unpredictability. Thus, this study aims to examine the key determinants of FDI inflow into Ethiopia. To attain this ...
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