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Estimating Tourism Import Demand Elasticities for Four Countries Using the General-to-specific Approach
| Content Provider | Semantic Scholar |
|---|---|
| Author | Mohammed, Ibrahim |
| Copyright Year | 2019 |
| Abstract | This paper applied the general-to-specific econometric modelling technique to estimate demand for tourism imports and the corresponding elasticities for four countries: Australia; Canada; Japan and USA. The findings indicate that tourism imports are generally income and price elastic with values ranging from 1.476 to 1.783 for income elasticity and -1.201 to -1.721 for price elasticity. Furthermore, the findings reveal that, after controlling for seasonality in the data, demand for tourism import is influenced by global financial crisis, disasters and country-specific problems. These findings have important implications for tourism import management, especially in the broader context of promoting tourism imports. |
| File Format | PDF HTM / HTML |
| DOI | 10.33423/jabe.v21i3.2081 |
| Volume Number | 21 |
| Alternate Webpage(s) | https://articlegateway.com/index.php/JABE/article/download/2081/1978 |
| Alternate Webpage(s) | https://doi.org/10.33423/jabe.v21i3.2081 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
